Property profile

503 Mcmasters St Amarillo, TX 79106

OFF-MARKET
Turn key restaurants
Property ID
US82-4258980
1,062 SF 0.32 ac lot Built 1968
Individually Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1968
Total area 1,062 SF
Lot 0.32 ac (13,939 SF)
Zoning code LC
APN R-056-0100-5559
UPID US82-4258980

Cap rate & NOI

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

Location

503 Mcmasters St Amarillo, TX 79106
Amarillo metro Census 12000 AMARILLO, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2024
4 recorded transactions
2024
Price N/A
2018
Price N/A
2018
Price N/A
2017
Price N/A

Zoning & alternative use

LC · 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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