7612 River RdAmarillo, TX 79108

Property Details for 7612 River Rd

Year built

1983

Lot size

0.24 AC

Property size (Sq ft)

1,920 SF

Zone code

LC

Property type

Retail space

APN

R-044-7350-1090

APU

R04473501090

Description

This 1,920 square foot warehouse, located at 7612 River Rd in Amarillo, Texas (79108), presents a unique investment opportunity. Zoned for both residential and commercial use, this versatile property offers significant potential. Situated directly off River Road, it boasts excellent accessibility and high visibility. The building features central heating and air conditioning, and includes one bathroom. The asking price is $130,000. Ideal for a variety of uses, from establishing a small business to converting into a unique residential property. Its convenient location and flexible zoning make it an attractive prospect for entrepreneurs and investors alike. The property's size and amenities provide a solid foundation for a range of potential ventures. This is a rare opportunity to acquire a well-located property with significant upside potential in a growing Texas market. Potter County location offers easy access to major transportation routes. Don't miss this chance to own a piece of Amarillo's vibrant commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $400,487

  6.5%

  $369,681

  7%

  $343,275

• Comparable approach

  Method

  Valuation

  Relative Method

  $407,058

  Geo Method

  $582,156

• Alternative Use

  Use

  Valuation

  Residential

  $311,840

  Hospitality

  $285,643

  Educational

  $237,652

  Medical

  $245,825

  Retail

  $369,681

Location Insight

City

Amarillo

County

Potter

State

Texas

Latitude

35.2861

Longitude

-101.831

CBSA code

11100

CBSA name

AMARILLO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].