Property profile

4037 50th Ave Amarillo, TX 79109

OFF-MARKET
Office buildings
Property ID
US82-3428325
4,228 SF 0.21 ac lot Built 1964
Entity Owned 11-yr Hold Free & Clear
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Property summary

AI-generated overview

An office space located near the intersection of I-27 and Western with convenient access to major roadways. The space is configured as 16 individual offices and includes a common-area breakroom. The office layout is designed to allow combining offices to adjust to different rooming needs. Parking is available in both the front and rear, providing off-street space for 18 cars, with additional street parking nearby. The total area is 291 square feet.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1964
Total area 4,228 SF
Lot 0.21 ac (9,148 SF)
Zoning code LC
APN R-086-3450-0262
UPID US82-3428325

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Counselor
  • Counselor
  • Corporate Office
  • General Contractor Renovation Specialist
  • Insurance Agency

Location

4037 50th Ave Amarillo, TX 79109-6181
Amarillo metro Census 21102 AMARILLO, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2015
6 recorded transactions
2015
Price N/A
2014
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

LC · Amarillo, TX
Zoning description

remelting purposes, which is located in the A, GR, LC, CB, HC, I-1 and PD Zoning Districts. It also does not include the incidental outdoor display of commodities for retail sale where the use is permitted by section 4-1…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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