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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Retail space
809 Georgia St Amarillo, TX 79106-6507
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-3984096
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1991
Total area
3,900 SF
Lot
0.22 ac (9,583 SF)
Zoning code
LC
APN
R-056-0100-6702
UPID
US83-3984096
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
-
Southwest Sales Promotions Marketing & Advertising Advertising Agency
-
CF Window & Door Co. Hardware & Home Improvement Interior Design
-
Preferred Tax Service Tax Preparation
-
Lone Star Roofing Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$580k
Comparable Approach
Comparable
$582k
Blend (final)
Blend
$580k
Owner & transaction history
Amarillo Lsr Properties LLC · 4 yrs held
Amarillo Lsr Properties LLC
since 2021
3 recorded transactions
Zoning & alternative use
LC · Amarillo, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$850,000
+55.1%
Office building
$705,000
+28.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Amarillo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Amarillo submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$630,000
6.5%
$580,000
7%
$540,000
Alternative Use
Use
Estimation
RETAIL STORES
$550,000
Current use
COMMERCIAL (GENERAL)
$850,000
Change: +55% · Conversion: Easy
OFFICE BUILDING
$705,000
Change: +28% · Conversion: Easy
AUTO REPAIR, GARAGE
$520,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$580k
Range $522k – $638k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$149 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,352
Tax year 2023
Assessed value
$201,500
Assessed 2024
Previous assessed
$154,928
+30.1% YoY
Effective rate
1.66%
On assessed value
Assessed land
$11,979
Assessed improvement
$189,521
Land market value
$11,979
Improvement market value
$189,521
Total market value
$201,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1991
Heating
YES
Cooling
YES
Stories
1
Rooms
1
Total area
3,900 SF
Lot
0.22 ac (9,583 SF)
Zoning code
LC
APN
R-056-0100-6702
UPID
US83-3984096
Jurisdiction
POTTER
Zoning & alternative use
LC · Amarillo, TX
Zoning LC · permitted uses
LC · Amarillo, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Amarillo. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$550,000
COMMERCIAL (GENERAL)
Est. value
$850,000
OFFICE BUILDING
Est. value
$705,000
AUTO REPAIR, GARAGE
Est. value
$520,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1991
Heating
YES
Cooling
Yes
Stories
1
Rooms
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Amarillo Lsr Properties LLC
Entity
Free & Clear · 4 yrs held
Mailing address
8402 IRVINGTON CT, AMARILLO, TX 79119-4409
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 26, 2021
—
Lsr Properties LLC
—
Deed
related
$128,000 · Amarillo National Bank
Aug 13, 2021
—
Amarillo Lsr Properties LLC
Zachary Ty Norrell
Warranty Deed
—
Feb 22, 2005
—
Zack Norrell
Schmitt,wayne & Myra
Warranty Deed
$118,750 · Wayne & Myra Schmitt
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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