New search
Property profile & analytics
OFF-MARKET
Outlet malls
4112 45th Ave, Amarillo, TX 79109-5518
Individually Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-3343151
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1964
Total area
7,310 SF
Lot
1 ac (43,560 SF)
Zoning code
GR
APN
R-061-5400-4100
UPID
US82-3343151
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Armstrong McCall Professional Beauty Supply (Bike/Boat/Book/etc) Store Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Spruiell,tom C & Sherri D · 20 yrs held
Spruiell,tom C & Sherri D
since 2006
6 recorded transactions
Zoning & alternative use
GR · Amarillo, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Amarillo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Amarillo submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2018Property tax & assessments
Tax year 2018
Tax billed
$7,638
Tax year 2018
Assessed value
$369,401
Assessed 2024
Previous assessed
$346,989
+6.5% YoY
Effective rate
2.07%
On assessed value
Assessed land
$261,360
Assessed improvement
$108,041
Land market value
$261,360
Improvement market value
$108,041
Total market value
$369,401
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1964
Heating
YES
Cooling
YES
Stories
1
Rooms
1
Total area
7,310 SF
Lot
1 ac (43,560 SF)
Zoning code
GR
APN
R-061-5400-4100
UPID
US82-3343151
Jurisdiction
RANDALL
Zoning & alternative use
GR · Amarillo, TX
Zoning GR · permitted uses
GR · Amarillo, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Amarillo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Heating
YES
Cooling
Yes
Stories
1
Rooms
1
Lot
1 ac
Current owner
From public records · entity-resolved
Spruiell,tom C & Sherri D
Individual
Mailing address
14605 COUNTY RD 1835, LUBBOCK, TX 79424-8503
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2017
—
Tom C Spruiell
—
Deed
related
$114,117 · First United Bk
Apr 18, 2006
—
Spruiell,tom C & Sherri D
Madizach Ents LLC
Warranty Deed
$185,000 · First United Bk
—
—
Tom C Spruiell
—
Deed Of Trust
related
$213,353 · First United Bank
—
—
Tom C Spruiell
—
Deed Of Trust
related
$211,846 · First United Bank
—
—
Tom C Spruiell
—
Loan Modification
related
$114,117 · First United Bk
—
—
Tom C Spruiell
—
Deed Of Trust
related
$332,376 · First United Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4112 45th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
