Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Amarillo Blvd Amarillo, TX

    • Retail space
    • 161 SF
    • 0.61 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-9371117
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Veterinary Medical Diagnostic / Medical Clinic
    • Barri Agent / Bank / Credit Union
    • Family Dollar / Discount Store
    • Laveta Bryan DVM / Veterinary Clinic
    • City Machine & Welding Inc / Factory / Industrial Manufacturer

    Property Details for Amarillo Blvd

    Year built
    2003
    Lot size
    0.61 lot acres
    Property size
    161 SF
    Property type
    Retail space
    APN
    R-065-1620-4569
    APU
    R06516204569

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.903
    Latitude
    35.2119
    CBSA code
    11100
    CBSA name
    AMARILLO, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,545
    $132,858
    $88,210
    $221,068
    -
    $132,858
    $88,210
    $221,068

    Comparable in this City

    • Value Estimation by Request
      1,989 SF

      S

      RETAIL STORES (PERSONAL SERVICES) • 1,989 SF
      S, Fm 1015th Intl Blvd, TX
      View Details
    • Value Estimation
      $6,820,000
      50,055 SF

      20 Ih Service Rd

      RETAIL STORES (PERSONAL SERVICES) • 50,055 SF
      20 Ih Service Rd, S, TX
      View Details
    • Value Estimation by Request
      1,452 SF

      Fm 857, TX

      RETAIL STORES (PERSONAL SERVICES) • 1,452 SF
      24588, Fm 857, TX
      View Details
    • Value Estimation
      $18,385,000
      141,292 SF

      Adams Dr, TX

      RETAIL STORES (PERSONAL SERVICES) • 141,292 SF
      Adams Dr, TX
      View Details
    • Value Estimation
      $2,635,000
      18,270 SF

      Ranch

      RETAIL STORES (PERSONAL SERVICES) • 18,270 SF
      Ranch, House Rd, TX
      View Details
    • Value Estimation
      $16,865,000
      156,758 SF

      E

      RETAIL STORES (PERSONAL SERVICES) • 156,758 SF
      E, Centennial Blvd, TX
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      61,120 SF

      Vacant Retail Property in San Marcos

      Vacant 61,120 SF retail property in Premium Outlet Mall.
      3939 Ih 35 S, San Marcos, TX
      View Details
    • $440,000

      Versatile Property in Willis, TX

      Commercial/residential opportunity in Willis' rapidly expanding business corridor.
      123 Business Park Dr, Willis, TX
      View Details
    • Contact for pricing
      2,948 SF

      Retail Building in Crosspoint Center

      2,948 SF retail building in high-traffic area for sale.
      4102-4162 Crosspoint Blvd, Edinburg, TX
      View Details
    • Contact for pricing
      2,577 SF

      Net Lease Animal Hospital

      Corporate-backed animal hospital for sale in Richland Hills, TX.
      7610 Glenview Dr, Richland Hills, TX
      View Details
    • Contact for pricing
      2,796 SF

      Retail Space on FM 517

      2,796 SF retail building with high traffic frontage.
      400 Farm To Market 517 Rd W, Dickinson, TX
      View Details
    • $3,750,000
      3,077 SF

      Retail Space in Little Elm

      Retail space for rent in a high-traffic Little Elm location.
      750 Un Pl, Aubrey, TX
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,358 SF

      Alamo Ranch Retail Space

      Retail space in established Alamo Ranch development, 1,400 SF.
      7807 W Lp 1604 N, San Antonio, TX
      View Details
    • Contact for pricing
      2,238 SF

      Retail Space in Glade Parks

      Retail space available in a diverse town center.
      2701-2911 Rio Grande Blvd, Euless, TX
      View Details
    • Contact for pricing
      24,201 SF

      Retail Space Near Kohl's

      24,201 SF retail space adjacent to Kohl's.
      148 Frontage Rd, Weatherford, TX
      View Details
    • Contact for pricing
      5,108 SF

      Retail Space Near Albertsons

      Retail space adjacent to Albertsons with high traffic volume.
      210 W Katherine P Raines Dr, Cleburne, TX
      View Details
    • $30 SF/Yr
      1,797 SF

      Retail Space on S. Loop

      Modern retail space with ample parking and high visibility.
      2219 Loop S, Dallas, TX
      View Details
    • Contact for pricing
      4,374 SF

      New Retail Space Available

      New construction retail space ideal for various businesses.
      540 Hawkins Run Rd, Midlothian, TX
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Amarillo Blvd
    Amarillo, TX
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!