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Property profile & analytics
OFF-MARKET Estimated value $6,335,000
Outlet malls

6040 Interstate 40 Amarillo, TX 79106-2501

40,805 SF 1.98 ac lot Built 1979
Individually Owned 9-yr Hold ~ Est. High Equity
Property ID
US82-0539919
Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1979
Total area 40,805 SF
Lot 1.98 ac (86,249 SF)
Zoning code HC
APN R-001-1800-9205
UPID US82-0539919
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$6.07M
Comparable Approach Comparable
$6.60M
Blend (final) Blend
$6.34M
Owner & transaction history
Shaughn K Ogrady · 9 yrs held
Shaughn K Ogrady
since 2017
7 recorded transactions
2024
Price N/A
2023
Price N/A
2018
Price N/A
2018
Price N/A
2017
Price N/A
2017
Price N/A
2017
Price N/A
Zoning & alternative use
HC · Amarillo, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

to a horse lot (private) located in A, HC, I-1 or I-2 Zoning Districts. Any area used for the keeping of horses under this chapter shall be fenced and shall exclude any area required as minimum Front Yard specified in the Zoning Ordinance of the City. (80) Stable (Private): Any Structure located within a horse lot (private) which is used for the sheltering,…

Zone name Heavy Commercial
General category COMMERCIAL
Zone area 3,592.01 ac
Source code of ordinances
Top alternative use upside
Commercial (general) $8.9M +55.1%
Office building $7.4M +28.3%
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