Sign Up Successful!
You now have access to more from Realmo!
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

    4400 Soncy Rd Amarillo, TX 79119-6481

    • Outlet malls
    • 76,711 SF
    • 6.50 lot acres
    OFF-MARKET
    Last Sale
    Nov 04, 2022
    Value Estimations
    $1,840,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-1454745
    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

    • Academy Sports + Outdoors / Hunting Store / Shoe Store

    Property Details for 4400 Soncy Rd

    Year built
    1999
    Lot size
    6.50 lot acres
    Property size
    76,711 SF
    Zone code
    PD
    Property type
    Outlet malls
    APN
    R-073-0581-0750
    APU
    R07305810750

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.939
    Latitude
    35.1625
    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
    $99,057
    $2,972,970
    $2,109,357
    $5,082,327
    -
    $2,972,970
    $2,109,357
    $5,082,327

    Comparable in this City

    • Value Estimation by Request
      9,290 SF

      12851 Interstate 27

      WHOLESALE OUTLET, DISCOUNT STORE • 9,290 SF
      12851 Interstate 27, Amarillo, TX 79119-2585
      View Details
    • Value Estimation
      $765,000
      21,875 SF

      11570 Interstate 27

      WHOLESALE OUTLET, DISCOUNT STORE • 21,875 SF
      11570 Interstate 27, Amarillo, TX 79119-2683
      View Details
    • Value Estimation
      $975,000
      30,350 SF

      3600 Soncy Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 30,350 SF
      3600 Soncy Rd, Amarillo, TX 79119-6513
      View Details
    • Value Estimation
      $735,000
      21,120 SF

      3712 Soncy Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 21,120 SF
      3712 Soncy Rd, Amarillo, TX 79119
      View Details
    • Value Estimation
      $2,775,000
      132,671 SF

      5000 Coulter St

      WHOLESALE OUTLET, DISCOUNT STORE • 132,671 SF
      5000 Coulter St, Amarillo, TX 79119-6412
      View Details
    • Value Estimation
      $805,000
      16,214 SF

      3636 Soncy Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 16,214 SF
      3636 Soncy Rd, Amarillo, TX 79119-6513
      View Details

    Similar Nearby for Sale

    • $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
    • $519,000

      Amarillo Land For Sale

      Land available in Amarillo, Texas.
      H Currie Rd, Amarillo, TX 79119
      View Details
    • Contact for pricing
      14.76 Acres

      Amarillo Retail Development Land

      14.76 Acres, High-Traffic Retail Site
      0 Soncy And Anton Kuster Ave, Amarillo, TX 79119
      View Details
    • $660,000

      Hillside Retail Pad - Amarillo, TX

      Prime Retail Land, $660,000
      8607 Hillside Rd, Amarillo, TX 79119
      View Details
    • Contact for pricing
      7.46 Acres

      Amarillo Commercial Land Investment

      7.46 Acres, High Visibility, SW Amarillo
      0 Soncy At Hollywood, Amarillo, TX 79119
      View Details
    • Contact for pricing
      1.10 Acres

      Amarillo Commercial Land - Loop 335

      Prime Amarillo land, multiple lots available.
      NEC New Loop 335/Helium Rd & Hollywood Rd, Amarillo, TX 79119
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      2,209 SF

      Retail Space on Hillside Road

      Retail space with high visibility and traffic in Amarillo, TX.
      7669 Hillside Rd, Amarillo, TX 79119
      View Details
    • $24 SF/Yr
      1,505 SF

      Retail Space Near United Supermarkets

      Retail space available in a busy Amarillo shopping center.
      3562 S Soncy Rd, Amarillo, TX 79119
      View Details
    • $20 SF/Yr
      2,500 SF

      Prime Randall County Retail Space

      2,500 SF Retail Space Available Now
      7401 45Th Ave, 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
    • $18 SF/Yr
      12,000 SF

      Prime Retail Space in Amarillo

      Two Suites Available, High-Traffic Location
      0 Buccola & Soncy - The Markets At Soncy, Amarillo, TX 79119
      View Details
    • $24 SF/Yr
      2,259 SF

      Modern Retail Space on Hillside

      Finished retail space in high-traffic Amarillo location.
      7410 Hillside Rd, 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.
    4400 Soncy Rd
    Amarillo, TX 79119-6481
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.