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Property profile & analytics
OFF-MARKET
Estimated value
$2,020,000
Warehouses
9375 Hillside Rd Amarillo, TX 79119
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-3245194
Property summary
AI-generated overview
This exceptional 1.4-acre commercial land parcel presents a remarkable opportunity for development in Amarillo, Texas. Situated at the southwest corner of Hillside Road and Town Square Boulevard, this property boasts a highly desirable location with excellent visibility and accessibility. The lot is conveniently located in Randall County, with the address listed as 9375 Hillside Rd, Amarillo, TX 79119. Zoned PD - Planned Development, this flat and build-ready site offers significant potential for a variety of commercial uses. City utilities are already available at the site, simplifying the development process and reducing upfront costs. The asking price for this prime commercial land is $600,000. With its ideal location, convenient access to city utilities, and flat terrain, this property represents a compelling investment opportunity for developers and businesses seeking a strategic foothold in the thriving Amarillo market. The 1.4-acre size provides ample space for a substantial commercial project, catering to a wide range of development possibilities. Don't miss this chance to acquire a highly sought-after commercial land parcel in a prime Amarillo location.
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2023
Total area
24,000 SF
Lot
4.03 ac (175,547 SF)
APN
299883
UPID
US82-3245194
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
-
Hillside Self Storage - Amarillo Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.80M
Blend (final)
Blend
$2.02M
Owner & transaction history
Hillside Self Storage LLC · 4 yrs held
Hillside Self Storage LLC
since 2021
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.3M
+81.3%
Auto repair, garage
$1.8M
+41.8%
Medical building
$1.6M
+27.8%
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
$1,240,000
Current use
RESTAURANT
$2,250,000
Change: +81% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,760,000
Change: +42% · Conversion: Easy
MEDICAL BUILDING
$1,590,000
Change: +28% · Conversion: Difficult
RETAIL STORES
$1,325,000
Change: +7% · Conversion: Moderate
Blend value · Realmo final
$2.02M
Range $1.82M – $2.22M · ±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
$84 / 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
Assessed value
$3,324,836
Assessed 2024
Previous assessed
$3,324,836
+0.0% YoY
Assessed land
$526,640
Assessed improvement
$2,798,196
Land market value
$526,640
Improvement market value
$2,798,196
Total market value
$3,324,836
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2023
Buildings
9
Total area
24,000 SF
Lot
4.03 ac (175,547 SF)
APN
299883
UPID
US82-3245194
Jurisdiction
RANDALL
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
$1.2M
RESTAURANT
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.6M
RETAIL STORES
Est. value
$1.3M
WAREHOUSE, STORAGE Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
2023
Buildings
9
Lot
4.03 ac
Current owner
From public records · entity-resolved
Hillside Self Storage LLC
Entity
Mailing address
5705 CRABTREE CT, AMARILLO, TX 79119-1174
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2021
—
Hillside Self Storage LLC
Xs Land LLC
Venders Lien
$5,000,000 · Live Oak Banking Company
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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