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Property profile & analytics
OFF-MARKET
Estimated value
$21,985,000
Warehouses
4215 Cyn Dr, Amarillo, TX 79110-1105
Entity Owned
Free & Clear
Property ID
US82-3594100
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2005
Total area
204,779 SF
Lot
20.82 ac (906,919 SF)
Zoning code
LC
APN
R-022-6200-0070
UPID
US82-3594100
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
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
Primo Water Refill & Exchange Big Box & Wholesale Store
-
Walmart Business Center Tech Support Center (Bike/Boat/Book/etc) Store
-
First Convenience Bank Bank Loan Service
-
Minute Key Locksmith (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$24.68M
Comparable Approach
Comparable
$19.29M
Blend (final)
Blend
$21.99M
Owner & transaction history
WAL MART REAL EST BUS TRUST
WAL MART REAL EST BUS TRUST
Zoning & alternative use
LC · Amarillo, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$36.5M
+131.2%
Commercial (general)
$33.5M
+112.8%
Auto repair, garage
$29.2M
+85.1%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$26,735,000
6.5%
$24,680,000
7%
$22,915,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$15,765,000
Current use
OFFICE BUILDING
$36,455,000
Change: +131% · Conversion: Difficult
COMMERCIAL (GENERAL)
$33,545,000
Change: +113% · Conversion: Difficult
AUTO REPAIR, GARAGE
$29,175,000
Change: +85% · Conversion: Easy
RESTAURANT
$24,585,000
Change: +56% · Conversion: Difficult
RETAIL STORES
$16,710,000
Change: +6% · Conversion: Moderate
MEDICAL BUILDING
$13,550,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$21.99M
Range $19.79M – $24.18M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$107 / SF
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
$184,712
Tax year 2018
Assessed value
$11,250,000
Assessed 2024
Previous assessed
$9,139,095
+23.1% YoY
Effective rate
1.64%
On assessed value
Assessed land
$1,586,842
Assessed improvement
$9,663,158
Land market value
$1,586,842
Improvement market value
$9,663,158
Total market value
$11,250,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2005
Heating
NONE
Stories
1
Rooms
1
Total area
204,779 SF
Lot
20.82 ac (906,919 SF)
Zoning code
LC
APN
R-022-6200-0070
UPID
US82-3594100
Jurisdiction
RANDALL
Zoning & alternative use
LC · Amarillo, TX
Zoning LC · permitted uses
LC · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$15.8M
OFFICE BUILDING
Est. value
$36.5M
COMMERCIAL (GENERAL)
Est. value
$33.5M
AUTO REPAIR, GARAGE
Est. value
$29.2M
RESTAURANT
Est. value
$24.6M
RETAIL STORES
Est. value
$16.7M
MEDICAL BUILDING
Est. value
$13.6M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RESTAURANT
RETAIL STORES
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Stories
1
Rooms
1
Lot
20.82 ac
Current owner
From public records · entity-resolved
WAL MART REAL EST BUS TRUST
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 8050, BENTONVILLE, AR 72712-8055
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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.
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