511 Fillmore StAmarillo, TX 79107
- Office properties
- 2,240 SF
Property Details for 511 Fillmore St
- Year built
- 2006
- Lot size
- 0.19 AC
- Property size (Sq ft)
- 2,240 SF
- Zone code
- I1
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- R-031-0500-8900
- APU
- R03105008900
Description
This exceptional industrial property, located at 511 N Fillmore St in Amarillo, Texas, presents a fantastic opportunity for businesses seeking a versatile and well-equipped warehouse space. The single-tenant building offers a total of 3,440 square feet, all currently vacant, situated on a generous 8,276 square foot lot. Constructed in 2006, this two-story structure is zoned I1 - Light Industrial within Potter County. The warehouse itself features a sizable shop area, a restroom, and is enhanced with energy-efficient spray foam insulation. Access is convenient via a 16-foot overhead door. Additional features include covered parking, providing protection for vehicles and equipment, and a secure perimeter defined by a solid fence with two gates for controlled access. The upper level boasts a spacious two-story office area, complete with two restrooms and two private offices, ideal for administrative functions or executive suites. This property offers a blend of functional warehouse space and comfortable office accommodations, making it an ideal location for a variety of industrial and distribution businesses. The property's location in Amarillo, Texas, offers easy access to major transportation routes and a thriving local economy. This is a rare opportunity to acquire a well-maintained, ready-to-occupy industrial property in a desirable location. The zip code is 79107.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $317,847
- 6.5%
- $293,397
- 7%
- $272,440
-
Comparable approach
- Method
- Valuation
- Relative Method
- $188,453
- Geo Method
- $269,517
-
Alternative Use
- Use
- Valuation
- Residential
- $363,813
- Hospitality
- $333,251
- Educational
- $277,261
- Medical
- $286,796
- Retail
- $431,294
Location Insight
- City
- Amarillo
- County
- Potter
- State
- Texas
- Latitude
- 35.2183
- Longitude
- -101.833
- CBSA code
- 11100
- CBSA name
- AMARILLO, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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