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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
    Amarillo Commercial Land For Sale
    Updated: Feb 6
    Amarillo Commercial Land For Sale

    W IH 40, Amarillo, TX 79124

    $5,305,608
    20.00 AC lot
    Interstate 40 frontage offers high visibility and accessibility.
    Potential for division into four 5‑acre parcels.
    Suitable for diverse commercial development: retail, office, hotel, and medical.
    Easement provides access from Arnot Rd.
    Driveway curb cuts already in place (see documents).
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    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.

    View details
    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

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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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    Based on your search, we've compiled 52 Potential Opportunities for your consideration. Besides 5 Active listings in Amarillo, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 39 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.

    Flat Commercial Hotel Site
    Flat Commercial Hotel Site

    2390 Historic Route 66, Santa Rosa, NM 88435

    $457,380
    3.45 AC lot

    Flat commercial land parcel with utilities available and frontage along Historic Route 66 and I-40.

    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

    12-room inn with manager’s quarters, office space, and cellar on 1.58 acres served by public water and public sewer.

    View details
    34-room Econo Lodge Inn & Suites – Santa Rosa, NM
    34-room Econo Lodge Inn & Suites – Santa Rosa, NM

    2295 Historic Route 66, Santa Rosa, NM 88435

    $2,700,000
    18,000 sqft

    34-room Econo Lodge Inn & Suites – Santa Rosa, NM

    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.

    Commercial Land in Levelland, Texas
    Commercial Land in Levelland, Texas

    508 Clubview Drive, Levelland, TX 79336

    $625,000
    20.00 AC lot

    20-acre commercial tract ideal for development in Levelland, Texas.

    View details
    Prime Woodward Commercial Land Opportunity
    Prime Woodward Commercial Land Opportunity

    1001 Main St, Woodward, OK 73801

    $75,000
    0.26 AC lot

    Visible corner lot on Woodward's Main Street, ready for development.

    View details
    Land Near Taos Ski Valley
    Land Near Taos Ski Valley

    Emma Road lot: 9, Taos Ski Valley, NM 87525

    $350,000
    1.01 AC lot

    One-acre lot near Taos Ski Valley with commercial zoning.

    View details
    Development Land with Rental Income
    Development Land with Rental Income

    5868 US Highway 277 S, Abilene, TX 79606

    $1,950,000
    11.30 AC lot

    Flat, ready-to-develop tract with utilities available and existing church plus two houses generating rental income.

    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
    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
    6600 Interstate 40
    HOTEL

    6600 Interstate 40, Amarillo, TX 79106-2502

    $885,000
    Estimated value
    33,138 sqft 1.42 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
    2315 Interstate 40
    HOTEL

    2315 Interstate 40, Amarillo, TX 79104

    $945,000
    Estimated value
    81,433 sqft 4.47 AC lot
    View details
    2200 Cinema Dr
    HOTEL

    2200 Cinema Dr, Amarillo, TX 79124-2168

    $1,280,000
    Estimated value
    74,277 sqft 2.35 AC lot
    View details
    8985 Amarillo Blvd
    HOTEL

    8985 Amarillo Blvd, Amarillo, TX 79124-2171

    $2,135,000
    Estimated value
    57,684 sqft 1.66 AC lot
    View details
    2202 Soncy Rd
    HOTEL

    2202 Soncy Rd, Amarillo, TX 79124-2114

    $1,730,000
    Estimated value
    43,092 sqft 1.20 AC lot
    View details
    1505 Ross St
    HOTEL

    1505 Ross St, Amarillo, TX 79102-4415

    $1,250,000
    Estimated value
    52,922 sqft 1.61 AC lot
    View details
    3100 Interstate 40
    HOTEL

    3100 Interstate 40, Amarillo, TX 79102-2201

    $1,260,000
    Estimated value
    136,095 sqft 6.30 AC lot
    View details
    7775 Interstate 40
    HOTEL

    7775 Interstate 40, Amarillo, TX 79118-6915

    $1,290,000
    Estimated value
    66,756 sqft 6.21 AC lot
    View details
    1911 Interstate 40
    HOTEL

    1911 Interstate 40, Amarillo, TX 79102-4403

    $4,530,000
    Estimated value
    127,654 sqft 1.24 AC lot
    View details
    9305 Interstate 40
    HOTEL

    9305 Interstate 40, Amarillo, TX 79118-6907

    $2,080,000
    Estimated value
    52,318 sqft 1.78 AC lot
    View details
    2806 Wolflin Ave
    HOTEL

    2806 Wolflin Ave, Amarillo, TX 79109-1633

    $2,075,000
    Estimated value
    51,194 sqft 2.05 AC lot
    View details
    1700 Interstate 40
    HOTEL

    1700 Interstate 40, Amarillo, TX 79103-2114

    $870,000
    Estimated value
    46,650 sqft 2.42 AC lot
    View details
    8231 Amarillo Blvd, Unit 40
    HOTEL

    8231 Amarillo Blvd, Amarillo, TX 79124-2106

    Unit 40
    $1,615,000
    Estimated value
    83,748 sqft 4.55 AC lot
    View details
    18 Western Plz Dr
    HOTEL

    18 Western Plz Dr, Amarillo, TX 79109-1569

    $885,000
    Estimated value
    62,696 sqft 1.88 AC lot
    View details
    12 Western Plz Dr
    HOTEL

    12 Western Plz Dr, Amarillo, TX 79109-1569

    $890,000
    Estimated value
    65,915 sqft 2.04 AC lot
    View details
    9401 Interstate 40
    HOTEL

    9401 Interstate 40, Amarillo, TX 79118-6960

    $1,125,000
    Estimated value
    44,082 sqft 2.64 AC lot
    View details

    Amarillo, TX Hotels Market Trends and Statistics

    Explore 44 hotels for sale in Amarillo, TX, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 142,616 square feet of properties for sale, with an estimated market value of $21,486,216.

    Sale prices for resorts in Amarillo, TX start at $2,900,000, averaging $4,297,243, and reaching up to $5,305,608 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 4
    Campgrounds 2
    Motels 2

    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

    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
    • 79124
    • 79103

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