2210 Whitaker RdAmarillo, TX 79118

  • Office buildings
  • 9,792 SF
For Sale
$5,900,000 View listing

Property Details for 2210 Whitaker Rd

Year built
1985
Lot size
10.12 AC
Property size (Sq ft)
9,792 SF
Zone code
HC
Property type
Office buildings
APN
R-044-9240-1300
APU
R04492401300

Description

This exceptional investment opportunity presents a substantial 46,815-square-foot warehouse complex situated on a 10.12-acre lot in Amarillo, Texas. The property, previously occupied by Premier Truck, boasts two buildings totaling 46,815 square feet and is zoned HC (Heavy Commercial). The main building comprises 36,180 square feet, featuring 12+ offices, 10 bathroom stalls, multiple break/conference rooms, 24 overhead doors (16' x 14'), and 11 pull-through bays, including two wash bays. A 50' x 100' warehouse is connected to the office area. A secondary building adds 11,130 square feet with 9 overhead doors (16' x 14'), 5-6 offices, bathrooms, and a breakroom. This building also includes an oil change well in one bay. The property features 33 dock-high doors in total and enjoys a prime location on East I-40, adjacent to a TA Travel Center, offering excellent visibility and accessibility. The property is currently vacant and offered at $5,900,000. This property is perfect for a trucking company or other business needing ample space and convenient access to major transportation routes. The property is located at 2210 S Whitaker Rd, Amarillo, TX 79118.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,574,710
    6.5%
    $1,453,570
    7%
    $1,349,750
  • Comparable approach

    Method
    Valuation
    Relative Method
    $823,809
    Geo Method
    $1,178,170
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,738,130
    Retail / Commercial
    $1,428,300
    Mixed-Use / Specialty
    $1,442,280
    Hospitality / Lodging
    $1,082,980
    Institutional / Educational
    $1,506,200
    Residential Income
    $1,762,260
    Multifamily
    $2,007,830
    Automotive / Energy
    $1,291,030
    Parking / Income-Based Land
    $426,677
    Restaurant / Food Service
    $790,842
    Healthcare / Senior Housing
    $1,459,470

Location Insight

City
Amarillo
County
Potter
State
Texas
Latitude
35.1892
Longitude
-101.762
CBSA code
11100
CBSA name
AMARILLO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$27,884
$88,165
$1,231,441
$1,319,606
-
$88,165
$1,231,441
$1,319,606

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