Property profile

4303 45th Ave Amarillo, TX 79109

OFF-MARKET
Outlet malls
Property ID
US82-2166768
26,274 SF 1.88 ac lot Built 2000
Entity Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Retail property located at 4303 SW 45th Ave, Amarillo, TX, with approximately 1.88 acres of associated land and on-site parking. The site is positioned at the intersection of SW 45th Ave and Western (COA), with reported traffic volume of approximately 37,420 vehicles per day. The building provides approximately 3,248 square feet of retail space and is configured to allow potential subdivision into smaller units. The property is suitable for retail use and is located within an area that includes nearby co-tenants such as Family Dollar and Buddy's Home Furnishings.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2000
Total area 26,274 SF
Lot 1.88 ac (81,893 SF)
Zoning code GR
APN R-065-2300-8822
UPID US82-2166768

Cap rate & NOI

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

Location

4303 45th Ave Amarillo, TX 79109
Amarillo metro Census 21200 AMARILLO, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$815k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.13M
Blend (final) Blend
$815k

Owner & transaction history

since 2018
1 recorded transaction
2018
Price N/A

Zoning & alternative use

GR · 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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