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Days64Days on Market
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$732,000

2704 SE 27TH Avenue, Amarillo, TX, 79103

On MarketInfo
CommercialInfo
Baths0 Bath
Baths1,335 Sq Ft
price_per_sqft$548.31 / sqft
Year BuiltBuilt in 1965

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.22 acres

Building Information

Year Built1965

Land Information

APN000000295626
Lot Number1A
SubdivisionGrandview Addn # 17
Land UseCommercial
Legal DescriptionGRANDVIEW ADDN # 17, LOT 01A, BLK 0037, 2.8500 ACRES
Census Tract010700
Assessed Land Value$354,616
Assessed Improvement Value$46,553
Assessment Year2025

About this property

Exceptional commercial opportunity on nearly 3 acres with outstanding visibility and development potential. This versatile property includes two commercial buildings, a trailer, and two existing commercial signage structures, offering multiple possibilities for business operations, rental income, redevelopment, or expansion. The spacious site provides ample room for a variety of commercial uses and may offer opportunities for replatting or future development, subject to local approvals and zoning requirements. High exposure and flexible layout make this an attractive investment for business owners, developers, and investors alike. Whether you're looking to establish a new business location, expand your portfolio, or explore redevelopment options, this property offers significant pote

Investor Tools

$0Estimated Mortgage Balance
$401,169Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,392 /month
Positive
Cash Flow Estimate:
$1,464 /month

Interested in this property?

Thomason Team

Llano Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$428/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,132
$401,169
2025
$354,616
$46,553
$401,169
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,132
$401,169

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$401,169
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Amarillo

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2704 SE 27TH Avenue | Property Details | No Agent List