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    600 8th Ave Amarillo, TX 79101-2114

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    Property profile & analytics

    600 8th Ave Amarillo, TX 79101-2114


    • Office buildings
    • 11,495 SF
    • 0.19 lot acres
    Off-Market
    Property ID
    US82-3618137
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,390,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Professional Building / Heritage Building

    Property Details for 600 8th Ave

    Year built
    1960
    Lot size
    0.19 lot acres
    Property size
    11,495 SF
    Zone code
    LC
    Property type
    Office buildings
    APN
    R-065-1000-0714
    APU
    R06510000714

    Description

    This exceptional 11,495 square foot commercial property, situated on a 0.57-acre lot at 600 SW 8th Avenue in Amarillo, Texas, presents a unique investment opportunity. Currently zoned for heavy commercial use, this large warehouse boasts ample space, including a substantial basement area and a sizable yard. The property is ideally located in Amarillo's downtown opportunity zone, offering significant potential for tax advantages. Approved renovation site plans, compliant with Amarillo city opportunity zone requirements, are readily available for review, streamlining the redevelopment process. This turnkey project offers a blank canvas for a variety of commercial ventures, from warehousing and distribution to light manufacturing or creative office spaces. The substantial size and versatile layout provide ample room for customization and expansion. The property's prime downtown location ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a strategic presence in the heart of Amarillo. The asking price of $250,000 represents a compelling value for a property with such significant potential in a thriving urban core. Don't miss this chance to acquire a prime piece of Amarillo real estate poised for significant growth and return.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,345,000
      6.5%
      $2,165,000
      7%
      $2,010,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,615,000
      Market price range: $1.03M - $9.08M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.844
    Latitude
    35.2068
    CBSA code
    11100
    CBSA name
    AMARILLO, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,500
    $25,200
    $167,498
    $192,698
    -
    $25,200
    $167,498
    $192,698
    More about this property
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