Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6226 Cyn Dr Amarillo, TX 79109-6730

    • Outlet malls
    • 10,216 SF
    • 3.48 lot acres
    OFF-MARKET
    Value Estimations
    $980,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-0110730
    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.

    Current Use by Public Records

    • Outlet malls

    Property Details for 6226 Cyn Dr

    Year built
    1998
    Lot size
    3.48 lot acres
    Property size
    10,216 SF
    Zone code
    HC
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    R-035-8550-0245
    APU
    R03585500245

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $875,000
      Market price range: $439k - $1.11M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $750,000
      Current use
      OFFICE BUILDING
      $1,335,000
      Change: +78% Conversion: Easy
      COMMERCIAL (GENERAL)
      $1,330,000
      Change: +77% Conversion: Easy
      RESTAURANT
      $1,090,000
      Change: +45% Conversion: Easy
      AUTO REPAIR, GARAGE
      $965,000
      Change: +28% Conversion: Difficult
      WAREHOUSE, STORAGE
      $830,000
      Change: +11% Conversion: Difficult
      MEDICAL BUILDING
      $755,000
      Change: +0% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.892
    Latitude
    35.1434
    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
    2018
    $20,053
    $151,262
    $899,129
    $1,050,391
    -
    $151,262
    $899,129
    $1,050,391

    Comparable in this City

    • Value Estimation
      $2,280,000
      26,640 SF

      5200 Western St

      WHOLESALE OUTLET, DISCOUNT STORE • 26,640 SF
      5200 Western St, Amarillo, TX 79109-6184
      View Details
    • Value Estimation
      $1,270,000
      12,375 SF

      4200 Coulter St

      WHOLESALE OUTLET, DISCOUNT STORE • 12,375 SF
      4200 Coulter St, Amarillo, TX 79109-5086
      View Details
    • Value Estimation by Request
      7,900 SF

      7300 Cyn Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 7,900 SF
      7300 Cyn Dr, Amarillo, TX 79109-7202
      View Details
    • Value Estimation
      $1,150,000
      32,125 SF

      4550 Cyn Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 32,125 SF
      4550 Cyn Dr, Amarillo, TX 79109-6012
      View Details
    • Value Estimation
      $2,545,000
      104,332 SF

      2747 Duniven Cir

      WHOLESALE OUTLET, DISCOUNT STORE • 104,332 SF
      2747 Duniven Cir, Amarillo, TX 79109-1620
      View Details
    • Value Estimation
      $565,000
      16,782 SF

      3852 Cyn Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 16,782 SF
      3852 Cyn Dr, Amarillo, TX 79109-4932
      View Details

    Similar Nearby for Sale

    • $5,250,000
      46,301 SF

      Bell Hillside Shopping Center Investment

      Multi-tenant retail center on 4.48 acres in Amarillo, Texas.
      5901 Bell St, Amarillo, TX 79109
      View Details
    • $3,975,000
      20,884 SF

      Copper Ridge Center: Amarillo Retail

      Thriving Amarillo retail center, 20,884 SF, 6% cap rate.
      6801 Bell St, Amarillo, TX 79109
      View Details
    • $749,000
      32,000 SF

      Amarillo Commercial Gem

      32,000 SF Mixed-Use Building
      2711 Stanley St, Amarillo, TX 79109
      View Details
    • $1,500,000
      1.00 Acre

      Amarillo Carwash on Bell Street

      4,480+/- sf carwash on 1+/- acre lot.
      4640 Bell St, Amarillo, TX 79109
      View Details
    • $585,000
      2,400 SF

      Retail Condo NNN Lease Space

      Retail condo space leased to Palm Beach Tan with NNN lease.
      6208 Hillside Rd, Amarillo, TX 79109
      View Details
    • $5,500,000
      67,285 SF

      5120 Cyn Expy

      Bowling alleys • 67,285 SF
      5120 Cyn Expy, Amarillo, TX 79109
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr

      Prime Retail Space in Amarillo

      Premier shopping center space off Western St. in Amarillo, TX.
      3101 S Western St, Amarillo, TX 79109
      View Details
    • Contact for pricing
      1,800 SF

      Retail Center in Prime Location

      Retail spaces available in a well-located shopping center.
      6017 Hillside Rd, Amarillo, TX 79109
      View Details
    • $12 SF/Yr

      Coronado Shopping Center Retail Space

      Prime commercial space in high-traffic Amarillo shopping center.
      2628 SW 34Th Ave, Amarillo, TX 79109
      View Details
    • $14 SF/Yr
      190,000 SF

      Wolflin Square Retail Center

      Amarillo, TX retail space available
      1932 Civic Cir, Amarillo, TX 79109
      View Details
    • $14 SF/Yr
      20,844 SF

      Copper Ridge Shopping Center

      Neighborhood centers • 20,844 SF
      6801 Bell St, Amarillo, TX 79109
      View Details
    • $20 SF/Yr
      21,604 SF

      Country Club Plaza Retail Center

      Prime retail space, high traffic, flexible lease.
      7200 45Th Ave, Amarillo, TX 79109
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6226 Cyn Dr
    Amarillo, TX 79109-6730
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!