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409 B S Georgia St 3,630 SF 100% Leased Industrial Building Amarillo, TX 79106 $100,000 ($27.55/SF)
Investment Highlights
- Eight (8) 10x10 overhead doors in total
- The building is partitioned into two sections:
- One section with 5 overhead doors and a separate entrance
- Two entrance doors on each end
- One section with 3 overhead doors and a separate entrance
- Restrooms in each unit
Executive Summary
Located at the intersection of 5th Avenue and South Georgia Street with 3,360 SF. Priced at $100,000, this light commercial property features durable cinderblock construction, a good roof, and fresh exterior paint.
The building is thoughtfully divided into two independent sections, offering flexibility for multiple occupants or business operations. One section features three 10' x 10' overhead doors with its own dedicated entrance, while the second section includes five 10' x 10' overhead doors and a separate entrance, for a total of eight overhead doors. With entrance doors located on each end of the building, the property provides convenient access and efficient workflow for warehouse, automotive, contractor, storage, or service-related businesses.
The property also offers immediate income potential, as one tenant currently occupies the three-door section on a month-to-month lease at $450 per month, allowing a new owner the flexibility to continue leasing the space or occupy it as needed. Annual property taxes are approximately $2,012.39, and the Light Commercial zoning supports a variety of commercial uses.
The building is thoughtfully divided into two independent sections, offering flexibility for multiple occupants or business operations. One section features three 10' x 10' overhead doors with its own dedicated entrance, while the second section includes five 10' x 10' overhead doors and a separate entrance, for a total of eight overhead doors. With entrance doors located on each end of the building, the property provides convenient access and efficient workflow for warehouse, automotive, contractor, storage, or service-related businesses.
The property also offers immediate income potential, as one tenant currently occupies the three-door section on a month-to-month lease at $450 per month, allowing a new owner the flexibility to continue leasing the space or occupy it as needed. Annual property taxes are approximately $2,012.39, and the Light Commercial zoning supports a variety of commercial uses.
Property Facts
| Price | $100,000 | Lot Size | 0.20 AC |
| Price Per SF | $27.55 | Rentable Building Area | 3,630 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1960 |
| Property Subtype | Warehouse | Parking Ratio | 1.93/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 8 |
| Zoning | LC - Light Commercial | ||
| Price | $100,000 |
| Price Per SF | $27.55 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.20 AC |
| Rentable Building Area | 3,630 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Parking Ratio | 1.93/1,000 SF |
| No. Drive In / Grade-Level Doors | 8 |
| Zoning | LC - Light Commercial |
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Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | R-056-0100-6648-0 | Improvements Assessment | $87,078 |
| Land Assessment | $7,841 | Total Assessment | $94,919 |
Property Taxes
Parcel Number
R-056-0100-6648-0
Land Assessment
$7,841
Improvements Assessment
$87,078
Total Assessment
$94,919
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409 B S Georgia St
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