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Property profile & analytics
OFF-MARKET Estimated value $580,000
Auto shops

7820 Mccormick Rd Amarillo, TX 79119-7533

7,000 SF 2.64 ac lot Built 2014
Entity Owned 1-yr Hold Free & Clear
Property ID
US82-9900132
Property summary
AI-generated overview

This exceptional Class A warehouse, built in 2014, presents a compelling investment opportunity in Amarillo, Texas. Located at 7820 W McCormick Rd, Randall County, zip code 79119, this 10,853 square foot facility sits on a 2.75-acre lot and is priced at $1,400,000 ($129/sq ft). The building features a substantial 3,894 square feet of office space, divided between 2,572 square feet on the first floor and 1,322 square feet on the second floor. Its modern design and functional layout offer significant potential for customization to suit a variety of industrial and manufacturing needs. The property benefits from convenient access to major transportation arteries and the vibrant Amarillo MSA market, making it an ideal location for businesses seeking to establish or expand their operations. This well-maintained property represents a strong investment opportunity in a thriving Texas market. The property's strategic location and modern design make it an attractive option for businesses seeking efficient operations and a strong return on investment. This is a rare opportunity to acquire a high-quality, well-located industrial property in the Amarillo area.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2014
Total area 7,000 SF
Lot 2.64 ac (114,911 SF)
APN R-370-0350-3920
UPID US82-9900132
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
Current use
Occupant on record · Public records
  • Allen butler construction/ apollo Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$435k
CAP Approach CAP
by Request
Comparable Approach Comparable
$726k
Blend (final) Blend
$580k
Owner & transaction history
R&r Real Property LLC · 1 yrs held
R&r Real Property LLC
since 2024
7 recorded transactions
2024
Price N/A
2022
Price N/A
2020
Price N/A
2019
Price N/A
2018
Price N/A
2018
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $655,000 +27.8%
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