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    6040 Interstate 40 Amarillo, TX 79106-2501
    Property profile & analytics

    6040 Interstate 40, Amarillo, TX 79106-2501

    View on Map

    • Outlet malls
    • 40,805 SF
    • 1.98 lot acres
    Off-Market
    Property ID
    US82-0539919
    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
    $6,335,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Outlet malls

    Property Details for 6040 Interstate 40

    Year built
    1979
    Lot size
    1.98 lot acres
    Zone code
    HC
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    R-001-1800-9205
    APU
    R00118009205

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 6, 2024 — Tpw Real Estate LLC — Deed · related $175k · Prosperity Bank
    Mar 13, 2023 — Tpw Real Estate LLC — Deed · related $475k · Firstcapital Bank Of Texas NA
    Jun 11, 2018 — Terry J Tripp — Deed · related $206k · Lynda R Tripp
    Mar 2, 2018 — Tpw Real Estate LLC — Deed · related $641k · Firstcapital Bk/tx NA
    Nov 1, 2017 — Tpw Real Estate LLC — Deed · related $500k · Firstcapital Bk/tx
    May 15, 2017 — Tpw Real Estate LLC — Deed · related $400k · Firstcapital Bk/tx NA
    Apr 28, 2017 — Shaughn K Ogrady Sharp,stacy M Warranty Deed $403k · Firstbank Southwest
    Apr 18, 2016 — Tpw Real Estate LLC — Trustees Deed · related $500k · Firstcapital Bk/tx NA
    Mar 20, 2009 — Tpw Real Estate LLC Tripp P W Trust Warranty Deed —
    — — Tpw Real Estate LLC — Deed Of Trust · related $960k · Firstcapital Bank Of Texas NA
    — — Tpw Real Estate LLC — Loan Modification · related $400k · Firstcapital Bk/tx NA
    — — Tpw Real Estate LLC — Loan Modification · related $1M · Firstcapital Bk/tx NA
    — — Tpw Real Estate LLC — Deed Of Trust · related $641k · Firstcapital Bk/tx NA
    — — Tpw Real Estate LLC — Loan Modification · related $500k · Firstcapital Bk/tx
    — — Tpw Real Estate LLC — Loan Modification · related $400k · Firstcapital Bk/tx NA
    — — Terry J Tripp — Deed Of Trust · related $206k · Lynda R Tripp
    — — Tpw Real Estate LLC — Deed Of Trust · related $400k · Firstcapital Bank Of Texas NA

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $6,570,000
      6.5%
      $6,065,000
      7%
      $5,630,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $6,600,000
      Market price range: $2.32M - $8.62M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $5,745,000
      Current use
      COMMERCIAL (GENERAL)
      $8,905,000
      Change: +55% Conversion: Easy
      OFFICE BUILDING
      $7,365,000
      Change: +28% Conversion: Easy
      AUTO REPAIR, GARAGE
      $5,460,000
      Change: -5% Conversion: Difficult
      RESTAURANT
      $4,890,000
      Change: -15% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.906
    Latitude
    35.1907
    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
    $40,570
    $603,742
    $1,682,680
    $2,286,422
    -
    $603,742
    $1,682,680
    $2,286,422
    More about this property
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