Property profile

5710 45Th Ave SW Amarillo, TX 79109

FOR LEASE
Retail space
Property ID
US82-3806714
5,040 SF 0.52 ac lot Built 1999
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 5,040 square foot storefront, built in 2002, presents a lucrative investment opportunity in Amarillo, Texas. Located at 5710 SW 45th, this property boasts 150 feet of frontage on a high-traffic thoroughfare, ensuring maximum visibility for your business. The GR-zoned lot encompasses 22,651 square feet, providing ample space and convenient parking for customers. The property's strategic location places it just one block east of Bell Street, across from Bell Plaza and United Supermarket, guaranteeing exposure to a substantial customer base within a thriving retail environment. The well-lit showroom offers a welcoming and attractive space for retail operations. Easy access and ample parking further enhance the property's appeal. The asking price for this prime retail space is $8,950,000. This is a rare opportunity to acquire a highly visible and well-situated retail property in a dynamic Amarillo market.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1999
Total area 5,040 SF
Lot 0.52 ac (22,651 SF)
Zoning code GR
APN R-065-2300-8449
UPID US82-3806714

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Home Decor Store Department Store
  • Carpet & Flooring Store Hardware & Home Improvement

Location

5710 45Th Ave SW Amarillo, TX 79109
Amarillo metro Census 21200 AMARILLO, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2025
6 recorded transactions
2025
Price N/A
2018
Price N/A
2007
Price N/A
2007
Price N/A
2007
Price N/A
2007
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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More about this property
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