Entity Owned 
For Lease
1 / 28
$14 SF/Yr
8101 34Th Ave SW, Amarillo, TX 79121
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Property summary
AI-generated overview
This office property is located on the southwest side of town and is configured for Class A office use. It sits adjacent to a Bank of America office and includes parking at the front for customers and visitors. The building contains approximately 5,187 square feet and is suitable for office occupancy.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Total area
20,795 SF
Lot
1.59 ac (69,260 SF)
Zoning code
2F
APN
R-073-0530-3933
UPID
US82-2306548
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Financial Advisor
-
Financial Advisor
-
Financial Advisor
-
Corporate Office
-
Security Service
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.92M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.95M
Owner & transaction history
since 2023
4 recorded transactions
Zoning & alternative use
2F · Amarillo, TX
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$3.95M
Value range
$3.56M – $4.35M
±10% around blend
Estimated value / SF
$190 / SF
Confidence
Property data
100
Comparable evidence
60
Income certainty
100
$3.56M
blend $3.95M
$4.35M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
20,795 SF
Lot area
1.59 ac
Year built
1986
Stories
1
APN
R-073-0530-3933
Zoning
2F
Assessed value
$2,715,079
Annual tax
$43,754
3
Income approach: direct capitalization
Partial preview
Income approach indication
$3.92M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$4.24M
@ 6.5% CAP return
$3.92M
@ 7% CAP return
$3.64M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$43,754
Selected cap rate
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$3.95M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.69M
Move the market yield to see immediate price impact.
Value / SF
$81
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$107k
$2.13M
$1.52M
$1.19M
$119k
$2.37M
$1.69M
$1.32M
$130k
$2.61M
$1.86M
$1.45M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2018Property tax & assessments
Tax year 2018
Tax billed
$43,754
Tax year 2018
Assessed value
$2,715,079
Assessed 2024
Previous assessed
$2,080,622
+30.5% YoY
Effective rate
1.61%
On assessed value
Assessed land
$277,042
Assessed improvement
$2,438,037
Land market value
$277,042
Improvement market value
$2,438,037
Total market value
$2,715,079
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1986
Heating
NONE
Stories
1
Rooms
1
Total area
20,795 SF
Lot
1.59 ac (69,260 SF)
Zoning code
2F
APN
R-073-0530-3933
UPID
US82-2306548
Jurisdiction
RANDALL
Zoning & alternative use
2F · Amarillo, TXZoning 2F · permitted uses
2F · Amarillo, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Stories
1
Rooms
1
Lot
1.59 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
2F
Jurisdiction
Amarillo, TX
Recorded code
2F
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 2F in Amarillo, TX.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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