Property profile

7612 Riv Rd Amarillo, TX 79108

OFF-MARKET
Retail space
Property ID
US82-2792556
1,920 SF 0.24 ac lot Built 1983
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This 1,920 square foot warehouse, located at 7612 River Rd in Amarillo, Texas (79108), presents a unique investment opportunity. Zoned for both residential and commercial use, this versatile property offers significant potential. Situated directly off River Road, it boasts excellent accessibility and high visibility. The building features central heating and air conditioning, and includes one bathroom. The asking price is $130,000. Ideal for a variety of uses, from establishing a small business to converting into a unique residential property. Its convenient location and flexible zoning make it an attractive prospect for entrepreneurs and investors alike. The property's size and amenities provide a solid foundation for a range of potential ventures. This is a rare opportunity to acquire a well-located property with significant upside potential in a growing Texas market. Potter County location offers easy access to major transportation routes. Don't miss this chance to own a piece of Amarillo's vibrant commercial landscape.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1983
Total area 1,920 SF
Lot 0.24 ac (10,454 SF)
Zoning code LC
APN R-044-7350-1090
UPID US82-2792556

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7612 Riv Rd Amarillo, TX 79108-2724
Amarillo metro Census 15100 AMARILLO, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$100k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$120k

Owner & transaction history

since 2024
Last sale
$19,000
3 recorded transactions
2024
Price N/A
2022
$19,000
2018
Price N/A

Zoning & alternative use

LC · Amarillo, TX
Zoning description

remelting purposes, which is located in the A, GR, LC, CB, HC, I-1 and PD Zoning Districts. It also does not include the incidental outdoor display of commodities for retail sale where the use is permitted by section 4-1…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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