1716 14Th AveAmarillo, TX 79102

  • Warehouses
  • 4,440 SF

Property Details for 1716 14Th Ave

Year built
1992
Lot size
0.16 AC
Property size (Sq ft)
4,440 SF
Zone code
HC
Property type
Warehouses
APN
R-048-0400-7420
APU
R04804007420

Description

This exceptional 4,440 square foot general commercial property located at 1716 SE 14th Avenue in Amarillo, Texas, presents a unique opportunity for a variety of businesses. The building boasts a flexible layout, combining a substantial warehouse area with convenient showroom/retail space. The warehouse itself measures 40 feet by 110 feet, providing ample room for storage or production. High ceilings, featuring 14-foot sidewalls and a 16-foot peak in the middle, maximize vertical space. Access is facilitated by two overhead doors: one measuring 12 feet by 12 feet, and another measuring 14 feet high by 12 feet wide. The warehouse is heated for year-round comfort and functionality. The showroom area is climate-controlled with a dedicated HVAC system, ensuring a pleasant environment for customers and staff. Two bathrooms are conveniently located within the building. Adding to the property's appeal is a large fenced yard, ideal for secure outdoor storage of equipment, materials, or inventory. Priced at $300,000, this property offers a compelling combination of space, functionality, and location. Don't miss this chance to acquire a versatile commercial space in a thriving Amarillo location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,342,160
    6.5%
    $1,238,910
    7%
    $1,150,420
  • Comparable approach

    Method
    Valuation
    Relative Method
    $619,263
    Geo Method
    $854,753
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $637,572
    Mixed-Use / Specialty
    $637,082
    Hospitality / Lodging
    $469,728
    Office
    $635,155
    Institutional / Educational
    $662,946
    Residential Income
    $775,647
    Multifamily
    $920,383
    Automotive / Energy
    $568,239
    Parking / Income-Based Land
    $194,331
    Restaurant / Food Service
    $335,157
    Healthcare / Senior Housing
    $651,487

Location Insight

City
Amarillo
County
Potter
State
Texas
Latitude
35.1964
Longitude
-101.818
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
$3,152
$26,136
$97,293
$123,429
-
$26,136
$97,293
$123,429

FAQs

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