Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4200 Soncy Rd Amarillo, TX 79119-6504

    • Grocery and convenience stores
    • 4,814 SF
    • 1.48 lot acres
    OFF-MARKET
    Value Estimations
    $625,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3156329
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Phillips 66 / Car Wash
    • Pak-A-Sak / Grocery & Convenience Store
    • Happy State Bank ATM / Atm

    Property Details for 4200 Soncy Rd

    Year built
    2001
    Lot size
    1.48 lot acres
    Property size
    4,814 SF
    Zone code
    PD
    Property type
    Grocery and convenience stores
    APN
    R-073-0581-0400
    APU
    R07305810400

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $669,000
      Market price range: $422k - $669k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $780,000
      COMMERCIAL (GENERAL)
      $685,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.939
    Latitude
    35.1639
    CBSA code
    11100
    CBSA name
    AMARILLO, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2018
    $21,447
    $1,095,970
    $530,065
    $1,626,035
    -
    $1,095,970
    $530,065
    $1,626,035

    Comparable in this City

    • Value Estimation
      $2,290,000
      55,645 SF

      3552 Soncy Rd

      GROCERY, SUPERMARKET • 55,645 SF
      3552 Soncy Rd, Amarillo, TX 79119-6672
      View Details
    • Value Estimation by Request
      980 SF

      14650 Interstate 27

      CONVENIENCE STORE • 980 SF
      14650 Interstate 27, Amarillo, TX 79119-2737
      View Details
    • Value Estimation
      $545,000
      3,750 SF

      8800 Fm 2590

      CONVENIENCE STORE • 3,750 SF
      8800 Fm 2590, Amarillo, TX 79119-1652
      View Details
    • Value Estimation by Request
      1,749 SF

      7404 45th Ave

      CONVENIENCE STORE • 1,749 SF
      7404 45th Ave, Amarillo, TX 79119-6494
      View Details
    • Value Estimation by Request
      2,418 SF

      3564 Soncy Rd

      CONVENIENCE STORE • 2,418 SF
      3564 Soncy Rd, Amarillo, TX 79119
      View Details
    • Value Estimation
      $1,150,000
      13,800 SF

      Hillside Rd

      GROCERY, SUPERMARKET • 13,800 SF
      Hillside Rd, Amarillo, TX 79119
      View Details

    Similar Nearby for Sale

    • $519,000

      Amarillo Land For Sale

      Land available in Amarillo, Texas.
      H Currie Rd, Amarillo, TX 79119
      View Details
    • $2,200,000
      11,400 SF

      Retail Center in Amarillo, TX

      Seven-unit retail center with diverse tenants and potential financing options.
      8700 Clinton Glenn Rd, Amarillo, TX 79119
      View Details
    • $3,188,000
      2,600 SF

      New Amarillo Oil Changers Property

      New construction NNN lease property in Amarillo, Texas.
      6029 S Soncy Rd, Amarillo, TX 79119
      View Details
    • Contact for pricing

      Prime Commercial Lots For Sale

      Commercial lots in high-growth area near I-27, ideal for businesses.
      8501 Fm 2219, Amarillo, TX 79119
      View Details
    • Contact for pricing

      Retail Pad Site For Sale

      Commercial land available for retail development.
      8607 Hillside Rd, Amarillo, TX 79119
      View Details
    • $2,500,000
      5,201 SF

      Commercial Property in Southwest Amarillo

      Two-building commercial property with eight spaces in rapidly expanding area.
      6103 S Coulter St, Amarillo, TX 79119
      View Details

    Similar Nearby for Lease

    • $2,500 /Mo

      Amarillo Retail Space For Lease

      Commercial lease available in Wildflower Village, Amarillo, Texas.
      8700 Clinton Gln #600 Rd, Amarillo, TX 79119
      View Details
    • $18 SF/Yr

      New Retail, Office, Medical Space

      First-generation space in a rapidly growing Amarillo location.
      4514 First United Bank Pkwy, Amarillo, TX 79119
      View Details
    • $24 SF/Yr
      1,556 SF

      New Construction Retail/Office Space

      New construction office or retail space for lease.
      Pennsylvania Dr, Amarillo, TX 79119
      View Details
    • $25 SF/Yr
      2,005 SF

      Retail Space on Hillside Road

      Retail space with high visibility and traffic in Amarillo, TX.
      7669 Hillside Rd, Amarillo, TX 79119
      View Details
    • $26 SF/Yr
      1,440 SF

      New Retail or Office Space

      New construction retail or office space in southwest Amarillo.
      9402 Hillside Rd, Amarillo, TX 79119
      View Details
    • $16 SF/Yr

      Versatile Retail Space, Amarillo, TX

      Highly visible retail space on a major street in Amarillo.
      6103 S Coulter St, Amarillo, TX 79119
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4200 Soncy Rd
    Amarillo, TX 79119-6504
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!