3601 S MONROE Street, Amarillo, TX 79110
- Added:
- Jun 17, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 18 at 5:06 pm
Property Features for 3601 S MONROE Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- Stanley Fithen
- Size
- 1,366 SF
Taxes and HOA fees
- Tax Description
- ROY LINDSEYS ADDN, BLK 00B4, N 50FT EACH OF 1B THRU 5B ROY LINDSEYS BUS SUB
Building Details
- Year built
- 1951
- Flooring type
- Tile
Listing agent Mikki Burns (806) 648-4444
Listing office Our Texas Real Estate 350 Aspen Dr, Perryron, TX (512) 375-2380
Listing date Jun 17, 2026
Copyright © 2026 Amarillo Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Commercial property built in 1951
- Tile flooring throughout
- Inside includes ample storage space and office areas
- Two bathrooms for added convenience
- Versatile interior layout suited for office, retail, or service use
- Located just off Washington Street and I‑27 for visibility and easy access
Overview
The property is located at 3601 S Monroe Street in Amarillo, Texas, just off of Washington Street and I-27. That positioning provides convenient regional access for commuting and deliveries.
Given the mix of storage and office space, this property can fit a variety of tenants and buyers looking for a single site that supports both work functions and keeping inventory or equipment on-site. It is also well-suited for uses that require separate office and service-ready space within one building.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.6k | $18.00 |
| − Vacancy | −$3.7k | −$2.70 |
| EGI | $20.9k | $15.30 |
| − OpEx | −$5.2k | −$3.82 |
| NOI | $15.7k | $11.48 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Tap Truck Amarillo — 4400 S Washington St M, Amarillo, TX 79110
- his and hers bartending — 4202 S Lipscomb St, Amarillo, TX 79110
Location Insight
- Map
- Local Demand
- City
- Amarillo
- County
- Randall
- State
- Texas
- Longitude
- -101.846934
- Latitude
- 35.176255
