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1021 Martin Rd 2,613 SF Retail Building Amarillo, TX 79107 $650,000 ($248.76/SF)
Investment Highlights
- High-visibility corner location with prominent frontage along a well-traveled corridor.
- Drive-up service window providing added customer convenience and operational efficiency.
- Situated near medical facilities, multifamily complexes, and directly across from a popular lake.
- Existing convenience store with proven profitability and strong local patronage.
- Ample on-site parking to support consistent customer flow throughout the day.
- Opportunity to expand operating hours or adapt the property for a new retail concept.
Executive Summary
Prime Opportunity on a High-Visibility Corner Lot! This thriving convenience store is a proven money-maker with endless potential for even greater income. Featuring a convenient drive-up window, ample parking, & excellent street exposure, this property is perfectly positioned for success. Located near medical centers, apartment complexes, & directly across from the lake, the business enjoys heavy traffic, repeat local customers, & strong community support. Currently operating profitably, there is tremendous upside potential by expanding to a 24-hour operation or transforming the space into another retail concept. Whether you're looking to invest, expand your portfolio, or launch a new business venture, this versatile property offers location, visibility, & opportunity all in one package!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,613 SF
Building Class
C
Year Built
1976
Price
$650,000
Price Per SF
$248.76
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.52 AC
Zoning
GR - The property is zoned for commercial retail use, which permits convenience store operations.
Parking
20 Spaces (7.65 Spaces per 1,000 SF Leased)
Frontage
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R-044-8450-0200-0 | Improvements Assessment | $167,533 |
| Land Assessment | $22,651 | Total Assessment | $190,184 |
Property Taxes
Parcel Number
R-044-8450-0200-0
Land Assessment
$22,651
Improvements Assessment
$167,533
Total Assessment
$190,184
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1021 Martin Rd
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