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501-517 S Grant St 42,096 SF 100% Leased Flex Building Amarillo, TX 79101 $1,425,000 ($33.85/SF)



Investment Highlights
- Great re-development opportunity in Downtown Amarillo.
Executive Summary
Mixed use office/warehouse with a total square-footage of 42,096 sf on 1.05 acres. Square footage doesn't include a +/- 28,000 sf basement.
501 S. Grant: 28,096 sf building on 15,246 sf lot. (2) floors above ground with office and warehouse potential. Freight elevator accesses both above ground
floors and the basement.
509 S. Grant: 14,000 sf building on 15,246 sf lot. This area has been remodeled with new windows, overhead doors and front porch area on Grant. Freight elevator accesses the ground level and basement.
517 S. Grant: 15,246 sf fenced lot. Could be used for storage or parking.
501 S. Grant: 28,096 sf building on 15,246 sf lot. (2) floors above ground with office and warehouse potential. Freight elevator accesses both above ground
floors and the basement.
509 S. Grant: 14,000 sf building on 15,246 sf lot. This area has been remodeled with new windows, overhead doors and front porch area on Grant. Freight elevator accesses the ground level and basement.
517 S. Grant: 15,246 sf fenced lot. Could be used for storage or parking.
Property Facts
| Price | $1,425,000 | Lot Size | 1.05 AC |
| Price Per SF | $33.85 | Rentable Building Area | 42,096 SF |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Flex | Year Built | 1924 |
| Property Subtype | Showroom | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | CBD - Central Business District | ||
| Price | $1,425,000 |
| Price Per SF | $33.85 |
| Sale Type | Investment |
| Property Type | Flex |
| Property Subtype | Showroom |
| Building Class | C |
| Lot Size | 1.05 AC |
| Rentable Building Area | 42,096 SF |
| No. Stories | 2 |
| Year Built | 1924 |
| Opportunity Zone |
Yes |
| Zoning | CBD - Central Business District |
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Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | R-048-0400-1393-0 | Improvements Assessment | $137,767 |
| Land Assessment | $11,760 | Total Assessment | $149,527 |
Property Taxes
Parcel Number
R-048-0400-1393-0
Land Assessment
$11,760
Improvements Assessment
$137,767
Total Assessment
$149,527
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501-517 S Grant St
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