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Property profile & analytics
OFF-MARKET
Motels
5703 Amarillo Blvd Amarillo, TX 79106-1913
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-4134912
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1950
Total area
6,956 SF
Lot
0.62 ac (27,007 SF)
Zoning code
GR
APN
R-035-0300-0020
UPID
US83-4134912
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
-
Astro Motel Hotel & Motel
-
Active Chimney Sweep Amarillo General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Homeless Heroes INC · 2 yrs held
Homeless Heroes INC
since 2024
4 recorded transactions
Zoning & alternative use
GR · Amarillo, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$3,904
Tax year 2023
Assessed value
$143,389
Assessed 2024
Previous assessed
$180,451
-20.5% YoY
Effective rate
2.72%
On assessed value
Assessed land
$54,014
Assessed improvement
$89,375
Land market value
$54,014
Improvement market value
$89,375
Total market value
$143,389
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1950
Heating
FLOOR/WALL FURNACE
Stories
1
Rooms
20
Total area
6,956 SF
Lot
0.62 ac (27,007 SF)
Zoning code
GR
APN
R-035-0300-0020
UPID
US83-4134912
Jurisdiction
POTTER
Zoning & alternative use
GR · Amarillo, TX
Zoning GR · permitted uses
GR · 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.
Building & site characteristics
From public records
Year built
1950
Heating
FLOOR/WALL FURNACE
Stories
1
Rooms
20
Lot
0.62 ac
Current owner
From public records · entity-resolved
Homeless Heroes INC
Entity
Mailing address
616 N POLK ST, AMARILLO, TX 79107-5234
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2024
—
Homeless Heroes INC
Sanay 1 LLC
Warranty Deed
—
Sep 13, 2022
—
Sanayi LLC
Shree Rang LLC
Venders Lien
$349,000 · Shree Rang LLC
Sep 3, 2008
—
Shree Rang LLC
Patel,bhikhubhai & Kokilaben
Warranty Deed
related
—
—
—
Shree Rang LLC
—
Deed Of Trust
related
$208,458 · Bhikhubhai & Kokilaben Patel
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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