Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    7686 81st Ave Amarillo, TX 79119-8133
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7686 81st Ave Amarillo, TX 79119-8133

    View on Map
    • Warehouses
    • 5,000 SF
    • 1.00 lot acres
    Off-Market
    Property ID
    US82-4943491
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 7686 81st Ave

    Year built
    2022
    Lot size
    1.00 lot acres
    Property size
    5,000 SF
    Property type
    Warehouses
    APN
    R-009-2600-4050
    APU
    R00926004050

    Description

    This exceptional industrial property in Randall County offers three available warehouse spaces, perfect for businesses seeking flexible and affordable solutions. The property boasts a total of 16,000 square feet, with individual units ranging from a minimum of 1,000 square feet to a maximum contiguous space of 2,500 square feet. Currently, 4,500 square feet are vacant and immediately available. The units are situated on a one-acre lot, zoned OCL (Outside City Limits), providing ample space and convenient access. Each warehouse features a 14-foot overhead door, ensuring easy loading and unloading of goods. The property's location offers easy access to thriving neighborhoods like Greenways, Westover, Heritage Hills, and Windsor Additions, making it an ideal location for distribution centers, storage facilities, workshops, or other industrial uses. The flexible design allows for units to be combined or divided to meet specific business needs. This new construction development presents a unique opportunity to establish a presence in a dynamic and affordable industrial area. Don't miss this chance to secure your ideal warehouse space.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.924
    Latitude
    35.1263
    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
    $11,000
    $10,000
    $820,937
    $830,937
    -
    $10,000
    $820,937
    $830,937

    Comparable in this City

    • Value Estimation by Request
      1,600 SF

      7503 Mccormick Rd

      WAREHOUSE, STORAGE • 1,600 SF
      7503 Mccormick Rd, Amarillo, TX 79119
      View Details
    • Value Estimation by Request
      4,400 SF

      7875 Cody Dr

      WAREHOUSE, STORAGE • 4,400 SF
      7875 Cody Dr, Amarillo, TX 79119
      View Details
    • Value Estimation by Request
      7,500 SF

      7721 81st Ave

      WAREHOUSE, STORAGE • 7,500 SF
      7721 81st Ave, Amarillo, TX 79119-7421
      View Details
    • Value Estimation by Request
      4,800 SF

      8300 81st Ave

      WAREHOUSE, STORAGE • 4,800 SF
      8300 81st Ave, Amarillo, TX 79119
      View Details
    • Value Estimation by Request
      3,200 SF

      8501 81st Ave

      WAREHOUSE, STORAGE • 3,200 SF
      8501 81st Ave, Amarillo, TX 79119-7475
      View Details
    • Value Estimation
      $1,060,000
      12,000 SF

      10298 Fm 2219

      MINI-WAREHOUSE, STORAGE • 12,000 SF
      10298 Fm 2219, Amarillo, TX 79119-7613
      View Details

    Similar Nearby for Sale

    • $999,000
      5,100 SF

      Functional Warehouse Near I-27

      Spacious warehouse with offices, high ceilings, and convenient highway access.
      7633 Jackelope Trl, Amarillo, TX 79119
      View Details
    • $1,600,000

      Amarillo Flex Space - $1.6M

      Versatile Amarillo industrial flex space, ideal for multiple tenants.
      19300 County Road 34, Amarillo, TX 79119
      View Details
    • Contact for pricing
      19,200 SF

      Commercial Shops on FM 2590

      Eight commercial shops with expansion potential on 11 acres.
      12177 Fm 2590, Amarillo, TX 79119
      View Details
    • $350,000

      Commercial Lots in High-Growth Area

      Prime commercial lots for sale in a rapidly expanding area.
      8201 Fm 2219, Canyon, TX 79119
      View Details
    • $63,000
      2.04 Acres

      Amarillo, TX Land For Sale

      2.04 acre commercial land available in Amarillo, Texas.
      5351 Buffalo Springs Trl, Amarillo, TX 79119
      View Details
    • $49,500
      1.02 Acres

      Amarillo, TX Acreage Lot

      One acre lot in Tierra Santa subdivision, Amarillo, TX.
      16201 Del Sol Dr, Amarillo, TX 79119
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      New Construction Affordable Warehouse Space

      Available new construction warehouses in an affordable development for lease.
      7684 SW 81St Ave, Amarillo, TX 79119
      View Details
    • Contact for pricing
      2,400 SF

      Amarillo Warehouse with Overhead Doors

      2400 SF warehouse space with utilities included and two doors.
      8101 S Loop 335 W, Amarillo, TX 79119
      View Details
    • Contact for pricing

      Versatile Flex Space For Lease

      Adaptable building with separately metered units, ideal for diverse operations.
      19300 W County Road 34, Amarillo, TX 79119
      View Details
    • Contact for pricing

      Industrial Space Available For Rent

      Industrial space available for rent, approximately 5,000 square feet.
      12941 Longoria Rd, Amarillo, TX 79119
      View Details
    • Contact for pricing
      1,500 SF

      New Construction Affordable Warehouse Space

      New construction warehouse space available for lease in Amarillo, TX.
      7684 SW 81St Ave, Amarillo, TX 79119
      View Details
    • Contact for pricing
      800 SF

      New Construction Warehouse Spaces Available

      New warehouses with flexible spaces near key transportation routes.
      7701 SW 81St Ave, Amarillo, TX 79119
      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.
    7686 81st Ave
    Amarillo, TX 79119-8133
    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!