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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

4600 Washington St Amarillo, TX 79110-2618

2,700 SF 0.62 ac lot Built 1987
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-3966406
Property summary
AI-generated overview

This freestanding retail building, located at the corner of Washington and SW 46th Ave in Amarillo, Texas, offers 2,700 square feet of space on a 27,077 square foot lot. The property benefits from a high-traffic intersection with 27,476 vehicles per day, ensuring excellent visibility for your business. Ample on-site parking and easy access are key features, complemented by the availability of a pylon sign for enhanced branding. The GR zoning allows for a variety of retail uses, subject to restrictive covenants. These covenants prohibit the sale of car wash services, oil change services, motor vehicle lubrication services, check cashing services, grocery items, beer or wine for off-premises consumption, tobacco products, lottery tickets, motor fuel, fountain drinks, or teas. The property's strategic location places it near major retailers such as United Supermarket, Sutherlands, AutoZone, and Toot N' Totum, creating a strong retail synergy. The net lease rate is $3.85 per square foot. This is an exceptional opportunity for a business seeking high visibility and convenient access in a thriving Amarillo commercial district. The property is located in Randall County, Texas, with a zip code of 79110.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1987
Total area 2,700 SF
Lot 0.62 ac (27,007 SF)
Zoning code GR
APN R-073-1100-2880
UPID US82-3966406
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
  • Western Union Bank Credit Union
  • Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Jm-am Properties LLC · 10 yrs held
Jm-am Properties LLC
since 2015
2 recorded transactions
2015
Price N/A
2015
Price N/A
Zoning & alternative use
GR · Amarillo, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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