4600 Washington StAmarillo, TX 79110

Property Details for 4600 Washington St

Year built

1987

Lot size

0.62 AC

Property size (Sq ft)

2,700 SF

Zone code

GR

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

R-073-1100-2880

APU

R07311002880

Description

This freestanding retail building, located at the corner of Washington and SW 46th Ave in Amarillo, Texas, offers 2,700 square feet of space on a 27,077 square foot lot. The property benefits from a high-traffic intersection with 27,476 vehicles per day, ensuring excellent visibility for your business. Ample on-site parking and easy access are key features, complemented by the availability of a pylon sign for enhanced branding. The GR zoning allows for a variety of retail uses, subject to restrictive covenants. These covenants prohibit the sale of car wash services, oil change services, motor vehicle lubrication services, check cashing services, grocery items, beer or wine for off-premises consumption, tobacco products, lottery tickets, motor fuel, fountain drinks, or teas. The property's strategic location places it near major retailers such as United Supermarket, Sutherlands, AutoZone, and Toot N' Totum, creating a strong retail synergy. The net lease rate is $3.85 per square foot. This is an exceptional opportunity for a business seeking high visibility and convenient access in a thriving Amarillo commercial district. The property is located in Randall County, Texas, with a zip code of 79110.

• CAP approach

  CAP return

  Valuation

  6%

  $588,836

  6.5%

  $543,541

  7%

  $504,717

• Comparable approach

  Method

  Valuation

  Relative Method

  $607,027

  Geo Method

  $818,657

• Alternative Use

  Use

  Valuation

  Residential

  $458,497

  Hospitality

  $419,981

  Educational

  $349,419

  Medical

  $361,436

  Retail

  $543,541

Location Insight

City

Amarillo

County

Randall

State

Texas

Latitude

35.1631

Longitude

-101.849

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].