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    Amarillo, TX
    Hospitality

    Amarillo, TX Hospitality Properties for Sale

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    Amarillo Hotel Repositioning Opportunity
    Updated: May 15
    Amarillo Hotel Repositioning Opportunity

    1620 E INTERSTATE 40, Amarillo, TX 79103

    $2,975,000
    33,968 sqft
    107‑key fully furnished hotel
    Existing furnishings provide immediate value
    Proximity to Fermi America AI Data Center
    Benefit from economic expansion related to AI/data center projects
    Repositioning potential for workforce housing, extended‑stay, or traditional hotel
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    This listing looks promising.

    Here's a quick look at some key insights for

    1620 E INTERSTATE 40, Amarillo, TX 79103-2117

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    • Est. Cap Rate

      5.4%
      NOI ÷ price

    • Est. NOI

      $160K
      Annual

    • Mortgage

      $700K
      Sep 2024

    • Property Type

      Motel
      Built 1985
    View Property Analytics
    24-Door Motel For Sale
    Updated: Jul 9
    24-Door Motel For Sale

    4420 CANYON Drive, Amarillo, TX 79109

    $840,000
    2,176 sqft
    24‑door motel built in 1951
    On‑site parking lot included
    Centrally located motel with convenient access to major highways, shopping, restaurants, and local attractions
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    Amarillo Commercial Land For Sale
    Amarillo Commercial Land For Sale

    W IH 40, Amarillo, TX 79124

    $5,305,608
    20.00 AC lot

    20 acre commercial land suitable for retail, office, hotel.

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    24-Door Motel Investment
    24-Door Motel Investment

    4420 Canyon Drive, Amarillo, TX 79109

    $840,000
    2,176 sqft

    Centrally located 24-door motel with ample parking and convenient access to major highways and nearby amenities.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Amarillo Land For Sale
    Amarillo Land For Sale

    W IH 40, Amarillo, TX 79124

    $5,305,608
    20.00 AC lot

    20 acre land parcel suitable for retail, office, hotel.

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    Relax Inn – Amarillo, TX
    Relax Inn – Amarillo, TX

    6030 I-40 West, Amarillo, TX 79106

    $2,900,000
    27,525 sqft 1.53 AC lot

    Relax Inn – Amarillo, TX

    View details
    Amarillo KOA Journey Campground
    Amarillo KOA Journey Campground

    1100 Folsom Rd, Amarillo, TX 79108

    $5,600,000

    Established RV campground on I-40 corridor with income potential.

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    Red Roof & Home Towne Studios
    Red Roof & Home Towne Studios

    6800 I-40 West, Building A & B, Amarillo, TX 79106

    $5,000,000
    81,123 sqft

    Red Roof & Home Towne Studios – Amarillo, TX

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    Prime Commercial Land in Amarillo
    Prime Commercial Land in Amarillo

    TX-335 Loop, Amarillo, TX 79110

    Contact for pricing
    15.50 AC lot

    15.5 acres ideal for retail, office, hospitality development.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 9 Active listings in Amarillo, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Dumas, TX Commercial Investment Opportunity
    Dumas, TX Commercial Investment Opportunity

    834 N Dumas Avenue, Dumas, TX 79029

    $1,950,000
    25,269 sqft

    Motel with RV hookups, home, and laundromat in Dumas, TX.

    View details
    Turnkey Motel and RV Investment
    Turnkey Motel and RV Investment

    834 N Dumas Avenue, Dumas, TX 79029

    $1,950,000
    25,269 sqft 2.00 AC lot

    Income-producing motel with RV hookups and manager's residence in Dumas.

    View details
    12-Room Inn with Manager's Quarters
    12-Room Inn with Manager's Quarters

    912 US 87, Tulia, TX 79088

    $299,000
    1.58 AC lot

    Well-maintained 12-room inn with office space, manager’s quarters, cellar, and ample parking on 1.58 acres.

    View details
    12-Room Inn with Manager Quarters
    12-Room Inn with Manager Quarters

    912 U.S. 87, Tulia, TX 79088

    $299,000

    Well-maintained inn with office, manager’s quarters, cellar, and parking, offering flexible lodging or conversion options.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Amarillo Development Opportunity on I-40
    Amarillo Development Opportunity on I-40

    9151 E Interstate Drive, Amarillo, TX 79118

    $3,126,911
    19.94 AC lot

    19.94-acre commercial land with I-40 frontage in Amarillo, Texas.

    View details
    Tulia Commercial Land on I-27
    Tulia Commercial Land on I-27

    1539 Interstate 27/US Highway 87, Tulia, TX 79088

    $360,000
    12.93 AC lot

    12.93 acres of commercial land on I-27 in Tulia, TX.

    View details
    Vacant Land for Multi-Family Development
    Vacant Land for Multi-Family Development

    Mesa (@13th) Dr, Plainview, TX 79072

    $275,000
    2.30 AC lot

    Vacant multi-family zoned parcel in Plainview, TX, suitable for duplexes and other housing formats.

    View details
    Floyd County Trailway Investment Land
    Floyd County Trailway Investment Land

    FM 689, Quitaque, TX 79255

    $546,490
    147.72 AC lot

    147 acres in Floyd County with Trailway frontage.

    View details

    Off-Market Properties in Amarillo, TX

    Consider similar Off-Market properties in Amarillo, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    724 Polk St
    HOTEL

    724 Polk St, Amarillo, TX 79101-2310

    $2,575,000
    Estimated value
    64,445 sqft 0.77 AC lot
    View details
    620 Amarillo Blvd
    MOTEL

    620 Amarillo Blvd, Amarillo, TX 79107-5117

    Value Estimation by Request
    8,600 sqft 0.26 AC lot
    View details
    2102 Coulter St
    MOTEL

    2102 Coulter St, Amarillo, TX 79106-2514

    $880,000
    Estimated value
    21,445 sqft 2.07 AC lot
    View details
    1515 Interstate 40
    MOTEL

    1515 Interstate 40, Amarillo, TX 79102-4323

    $595,000
    Estimated value
    13,912 sqft 2.11 AC lot
    View details
    1740 Airport Blvd
    HOTEL

    1740 Airport Blvd, Amarillo, TX 79118-6978

    $2,080,000
    Estimated value
    53,855 sqft 0.02 AC lot
    View details
    2820 Amarillo Blvd
    MOTEL

    2820 Amarillo Blvd, Amarillo, TX 79107-5642

    Value Estimation by Request
    1,632 sqft 0.62 AC lot
    View details
    6600 Interstate 40
    HOTEL

    6600 Interstate 40, Amarillo, TX 79106-2502

    $885,000
    Estimated value
    33,138 sqft 1.42 AC lot
    View details
    5703 Amarillo Blvd
    MOTEL

    5703 Amarillo Blvd, Amarillo, TX 79106-1913

    Value Estimation by Request
    6,956 sqft 0.62 AC lot
    View details
    3619 Amarillo Blvd
    MOTEL

    3619 Amarillo Blvd, Amarillo, TX 79107-5735

    Value Estimation by Request
    5,998 sqft 0.57 AC lot
    View details
    2302 Soncy Rd
    MOTEL

    2302 Soncy Rd, Amarillo, TX 79124-2120

    $580,000
    Estimated value
    35,538 sqft 0.83 AC lot
    View details
    112 Amarillo Blvd
    MOTEL

    112 Amarillo Blvd, Amarillo, TX 79107-5221

    Value Estimation by Request
    1,828 sqft 0.47 AC lot
    View details
    2108 Coulter St
    MOTEL

    2108 Coulter St, Amarillo, TX 79106-2514

    $865,000
    Estimated value
    51,057 sqft 2.37 AC lot
    View details
    8251 Amarillo Blvd
    HOTEL

    8251 Amarillo Blvd, Amarillo, TX 79124-2106

    $2,165,000
    Estimated value
    53,744 sqft 3.13 AC lot
    View details
    3511 Amarillo Blvd
    MOTEL

    3511 Amarillo Blvd, Amarillo, TX 79107-7916

    Value Estimation by Request
    3,136 sqft 0.29 AC lot
    View details
    2315 Interstate 40
    HOTEL

    2315 Interstate 40, Amarillo, TX 79104

    $945,000
    Estimated value
    81,433 sqft 4.47 AC lot
    View details

    Amarillo, TX Hospitality Properties Market Trends and Statistics

    Explore 72 hospitality properties for sale in Amarillo, TX, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 146,968 square feet of properties for sale, with an estimated market value of $12,555,000.

    Sale prices for hospitality properties in Amarillo, TX start at $840,000, averaging $2,511,000, and reaching up to $5,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 4
    Motels 2
    Campgrounds 1

    Demographics Overview

    Population 236K
    Population Growth (5Y) +2.2%
    Median Household Income $66,978
    College Educated 14.6%

    High-Yield Neighborhoods for Investment

    Identify Amarillo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    79103 $3M
    79106 $4M
    79124 $5.3M
    79108 $5.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.60%
    Property Tax per SF $29.72 per SF
    Tax Rate vs County Average 0.03 pp below county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Amarillo fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Amarillo, TX

    • 79106
    • 79109
    • 79124
    • 79103
    • 79108
    • 79110

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