1606 Amarillo BlvdAmarillo, TX 79107

Property Details for 1606 Amarillo Blvd

Year built

1997

Lot size

0.29 AC

Property size (Sq ft)

1,887 SF

Zone code

LC

Property type

Retail space

APN

R-052-1500-4122

APU

R05215004122

Description

This exceptional 1,887 square foot Class A commercial property, located at 1606 Amarillo Blvd East in Potter County, Texas, presents a unique investment opportunity. The single-tenant space is situated on a 12,632 square foot corner lot zoned HC - Heavy Commercial, offering excellent visibility and accessibility. Previously occupied by Check "n" Go, this versatile property is adaptable for various uses, including office, retail, or restaurant operations. A significant advantage is the inclusion of an existing vent hood, ideal for food-related businesses. The property boasts prominent pole signage, ensuring maximum exposure to the high volume of traffic on Amarillo Boulevard and Williams. This prime location benefits from its proximity to a thriving commercial district, surrounded by established businesses such as United Supermarket, JD Wyatt Medical, Subway, Little Caesars Pizza, Toot'N'Totum, and Advanced Auto Parts, guaranteeing a steady stream of potential customers. The property's strategic positioning and high foot traffic make it an ideal choice for businesses seeking maximum visibility and accessibility in a bustling retail environment. The entire 1,887 square feet is currently vacant and ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $393,604

  6.5%

  $363,327

  7%

  $337,375

• Comparable approach

  Method

  Valuation

  Relative Method

  $400,062

  Geo Method

  $572,150

• Alternative Use

  Use

  Valuation

  Residential

  $306,480

  Hospitality

  $280,734

  Educational

  $233,567

  Medical

  $241,600

  Retail

  $363,327

Location Insight

City

Amarillo

County

Potter

State

Texas

Latitude

35.2217

Longitude

-101.815

CBSA code

11100

CBSA name

AMARILLO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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