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Property profile & analytics
OFF-MARKET
Estimated value
$3,590,000
Warehouses
8948 Centerport Blvd Amarillo, TX 79108-5734
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-6023473
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2013
Total area
50,000 SF
Lot
5.59 ac (243,500 SF)
APN
R-005-8605-2560
UPID
US82-6023473
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
-
Lindsay Distribution Center - Texas Distribution Center Logistics Company
-
Amarillo Gear Service Factory Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.85M
Blend (final)
Blend
$3.59M
Owner & transaction history
Cpt 2 LP · 6 yrs held
Cpt 2 LP
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.0M
+60.9%
Retail stores
$4.7M
+51.0%
Medical building
$3.3M
+6.4%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,110,000
Current use
AUTO REPAIR, GARAGE
$5,000,000
Change: +61% · Conversion: Easy
RETAIL STORES
$4,695,000
Change: +51% · Conversion: Moderate
MEDICAL BUILDING
$3,310,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$3.59M
Range $3.23M – $3.95M · ±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
$72 / 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
$42,313
Tax year 2023
Assessed value
$2,449,854
Assessed 2024
Previous assessed
$1,900,000
+28.9% YoY
Effective rate
1.73%
On assessed value
Assessed land
$243,500
Assessed improvement
$2,206,354
Land market value
$243,500
Improvement market value
$2,206,354
Total market value
$2,449,854
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2013
Heating
NONE
Cooling
NONE
Stories
1
Total area
50,000 SF
Lot
5.59 ac (243,500 SF)
APN
R-005-8605-2560
UPID
US82-6023473
Jurisdiction
POTTER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$5.0M
RETAIL STORES
Est. value
$4.7M
MEDICAL BUILDING
Est. value
$3.3M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
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
2013
Heating
NONE
Cooling
Yes
Stories
1
Lot
5.59 ac
Current owner
From public records · entity-resolved
Cpt 2 LP
Entity
Free & Clear · 6 yrs held
Mailing address
500 S TAYLOR ST #1200, AMARILLO, TX 79101-2458
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2024
—
Cpt 2 LP
—
Deed
related
$85,000 · Bank Of The Panhandle
Jul 17, 2024
—
Cpt 2 LP
—
Deed
related
$85,000 · Bank Of The Panhandle
Oct 10, 2019
—
Cpt 2 LP
335 Transporters LP
Grant Deed
—
Jun 24, 2019
—
335 Transporters LP
—
Deed
related
$1,113,579 · Bank/the Panhandle
Jun 7, 2016
—
Amatex LLC
335 Transporters LP
Grant Deed
related
—
May 7, 2015
—
335 Transporters LP
Cpt Blvd 2012 LP
Warranty Deed
$4,582,122 · Bank/the Panhandle
—
—
335 Transporters LP
—
Deed Of Trust
related
$1,113,579 · Bank/the Panhandle
—
—
Cpt Blvd 2012 LP
—
Deed Of Trust
related
$2,589,900 · First United Bk
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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