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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Parking lots & garages
905 Fillmore St, Amarillo, TX 79101-3521
Entity Owned
12-yr Hold
Free & Clear
Property ID
US83-3802152
Property summary
AI-generated overview
The Golden Spread Center, a prestigious Class A office building located at 905 S Fillmore St, Amarillo, TX 79101 (9th & Fillmore), offers exceptional executive office space in the heart of the Central Business District (CBD). This seven-story building, totaling 122,896 square feet, underwent a complete renovation in 2022, boasting brand new HVAC and EMS systems, a new cooling tower, and an updated smoke detection system. Common areas and restrooms have also been modernized. Units range from a minimum of 834 square feet to a maximum contiguous space of 5,448 square feet, with 14,848 square feet currently vacant. The building features elevators and is conveniently located within walking distance of a convenience store and Hodgetown. Originally constructed in 1982, this property benefits from on-site ownership and third-party management. The building is zoned for CBD use within Potter County. This is a rare opportunity to secure prime office space in a revitalized, centrally located building. Contact us today to learn more about available spaces and lease terms.
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1982
Total area
104,405 SF
Lot
0.58 ac (25,265 SF)
Zoning code
CB
APN
R-065-1000-1770
UPID
US83-3802152
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
-
Texas Preferred Insurance Insurance Agency
-
Jamie S Vandivere Attorney-Law Law Firm
-
Joe Marr Wilson Law Office Law Firm
-
Brown & Fortunato Law Firm
-
Wells Fargo Advisors Financial Network Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$810k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$591k
Blend (final)
Blend
$700k
Owner & transaction history
Gsec Properties LLC · 12 yrs held
Gsec Properties LLC
since 2014
2 recorded transactions
Zoning & alternative use
CB · Amarillo, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$810,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$700k
Range $630k – $770k · ±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
$7 / 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
$107,099
Tax year 2023
Assessed value
$2,549,000
Assessed 2024
Previous assessed
$4,950,000
-48.5% YoY
Effective rate
4.20%
On assessed value
Assessed land
$585,600
Assessed improvement
$1,963,400
Land market value
$585,600
Improvement market value
$1,963,400
Total market value
$2,549,000
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Year built
1982
Heating
YES
Cooling
YES
Buildings
2
Stories
7
Rooms
1
Total area
104,405 SF
Lot
0.58 ac (25,265 SF)
Zoning code
CB
APN
R-065-1000-1770
UPID
US83-3802152
Jurisdiction
POTTER
Zoning & alternative use
CB · Amarillo, TX
Zoning CB · permitted uses
CB · 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.
Building & site characteristics
From public records
Year built
1982
Heating
YES
Cooling
Yes
Stories
7
Buildings
2
Rooms
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Gsec Properties LLC
Entity
Free & Clear · 12 yrs held
Mailing address
905 S FILLMORE ST STE #300, AMARILLO, TX 79101-3541
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 20, 2014
—
Gsec Properties LLC
Amarillo Tower Ltd
Grant Deed
related
—
Jul 25, 2008
—
Amarillo Tower Ltd
F & A Realty Amarillo Ltd
Quit Claim Deed
related
$4,000,000 · American State Bank
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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