301 Tyler StAmarillo, TX 79107

Property Details for 301 Tyler St

Year built

1950

Lot size

0.19 AC

Property size (Sq ft)

1,650 SF

Zone code

I1

Property type

Office buildings

APN

R-031-0500-7445

APU

R03105007445

Description

This exceptional Amarillo, Texas flex space at 301 N Tyler St offers a unique blend of office and industrial functionality. The property boasts a 1,013 square foot single-tenant building, ideal for a variety of businesses. The office area features a welcoming reception area, a spacious main office, and a recently updated bathroom. Beyond the office, the property includes a substantial fenced yard with secure gated access from both Tyler Street and NW 3rd Street. This secure yard houses a versatile shop building, providing 960 square feet of usable space, complemented by an additional 640 square feet of covered storage. The property's classification is Class B, and it comprises two single-story buildings. Located in Amarillo, TX, zip code 79107, this property presents a compelling opportunity for businesses seeking a functional and secure space with excellent accessibility. The property type is categorized as Office, Industrial, and Special Purpose, making it suitable for a wide range of commercial uses. This single-tenant occupancy offers a streamlined and efficient workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $234,128

  6.5%

  $216,119

  7%

  $200,682

• Comparable approach

  Method

  Valuation

  Relative Method

  $138,816

  Geo Method

  $198,528

• Alternative Use

  Use

  Valuation

  Residential

  $267,987

  Hospitality

  $245,475

  Educational

  $204,232

  Medical

  $211,256

  Retail

  $317,694

Location Insight

City

Amarillo

County

Potter

State

Texas

Latitude

35.2164

Longitude

-101.837

CBSA code

11100

CBSA name

AMARILLO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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