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Property profile & analytics
OFF-MARKET
Estimated value
$1,100,000
Warehouses
5919 Hillside Rd Amarillo, TX 79109-6294
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-0367331
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2008
Total area
9,300 SF
Lot
0.81 ac (35,284 SF)
Zoning code
GR
APN
R-026-0300-3722
UPID
US82-0367331
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
-
Carry On Firearms & Gunsmithing Gun Shop
-
Cheap Car Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.12M
Comparable Approach
Comparable
$1.08M
Blend (final)
Blend
$1.10M
Owner & transaction history
Slover Minerals LP · 2 yrs held
Slover Minerals LP
since 2024
7 recorded transactions
Zoning & alternative use
GR · Amarillo, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.2M
+60.4%
Commercial (general)
$1.2M
+59.9%
Restaurant
$995,000
+31.2%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,215,000
6.5%
$1,120,000
7%
$1,040,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$755,000
Current use
OFFICE BUILDING
$1,215,000
Change: +60% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,210,000
Change: +60% · Conversion: Difficult
RESTAURANT
$995,000
Change: +31% · Conversion: Difficult
AUTO REPAIR, GARAGE
$875,000
Change: +16% · Conversion: Easy
MEDICAL BUILDING
$685,000
Change: -9% · Conversion: Difficult
RETAIL STORES
$685,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$1.10M
Range $990k – $1.21M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$118 / SF
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 2018Property tax & assessments
Tax year 2018
Tax billed
$10,708
Tax year 2018
Assessed value
$946,575
Assessed 2024
Previous assessed
$888,499
+6.5% YoY
Effective rate
1.13%
On assessed value
Assessed land
$317,552
Assessed improvement
$629,023
Land market value
$317,552
Improvement market value
$629,023
Total market value
$946,575
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2008
Heating
NONE
Cooling
NONE
Stories
1
Total area
9,300 SF
Lot
0.81 ac (35,284 SF)
Zoning code
GR
APN
R-026-0300-3722
UPID
US82-0367331
Jurisdiction
RANDALL
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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$755,000
OFFICE BUILDING
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.2M
RESTAURANT
Est. value
$995,000
AUTO REPAIR, GARAGE
Est. value
$875,000
MEDICAL BUILDING
Est. value
$685,000
RETAIL STORES
Est. value
$685,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2008
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.81 ac
Current owner
From public records · entity-resolved
Slover Minerals LP
Entity
Mailing address
3226 HOBBS RD, AMARILLO, TX 79109-3224
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2024
—
Slover Minerals LP
Take Aim Shooting Complex LLC
Warranty Deed
—
May 26, 2020
—
Take Aim Shooting Complex LLC
—
Deed
related
$72,300 · Herring Bk
Mar 12, 2019
—
Take Aim Shooting Complex LLC
—
Deed
related
$969,376 · Herring Bk
Nov 9, 2017
—
Take Aim Shooting Complex LLC
Mondini Automotive And Tire INC
Warranty Deed
$969,376 · Herring Bank
Jul 28, 2008
—
Mondini Automotive & Tire INC
—
Trustees Deed
related
$252,000 · First United Bank
Oct 23, 2007
—
Mondini Automotive & Tire INC
Hiw Ltd
Grant Deed
$517,500 · First United Bank
Oct 2, 2006
—
Hiw Ltd
—
Trustees Deed
related
$980,000 · Herring Bank
—
—
Take Aim Shooting Complex LLC
—
Deed Of Trust
related
$598,000 · Capital Certified Dev Corp
—
—
Take Aim Shooting Complex LLC
—
Deed Of Trust
related
$969,376 · Herring Bk
—
—
Mondini Automotive & Tire INC
—
Deed Of Trust
related
$315,000 · First United Bank
—
—
Take Aim Shooting Complex LLC
—
Deed Of Trust
related
$72,300 · Herring Bk
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.
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