Former Healthcare Rehabilitation
For Sale
Contact for pricing
1001 Wallace Boulevard, Amarillo, TX 79106
Vacant non-licensed healthcare facility with 110 rooms, commercial kitchen, and administrative spaces within a deed-restricted use framework.
Property Size103,603 SF
Price / SF$28.96
Days on Market131
Property Features for 1001 Wallace Boulevard
General Information
Standard status
Active
Size
103,603 SF
Class
B
Property subtype
Office
Zoning
Planned Development
Investment Type
Owner/User
Additional Details
Road Access
Yes
Sprinkler System
Yes
Commercial Hood
Yes
Amenities
commercial kitchen
cafeteria
chapel
laundry facility
administration offices
meeting rooms
Building Details
Year Built
1968
Year Renovated
2025
Units
110
Listing Agency:
Gaut Whittenburg Emerson CRE
Listed By:
Ben Whittenburg · License #TX SA664767000
(806) 373-3111
Source:
Crexi
Added: Apr 30
Changed: Aug 24
Last Checked: Sep 7 at 6:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gaut Whittenburg Emerson CRE
Investment Insights
Based on property information with market context.
1001 Wallace is a vacant Class B former healthcare facility that is currently non-licensed and non-operating. The property consists of ground-floor space plus a large basement that houses mechanical equipment; the basement is not included in the stated square footage. A 650-sf garage is also included for storage. While much of the facility is in good working order, portions require improvements and servicing.
The building features an overhead fire suppression system and two 200-ton chillers installed in 2025. Accommodations include 110 rooms comprised of 91 singles, 18 doubles, and 1 triple, along with administration offices, meeting rooms, a laundry facility, a commercial kitchen with vent hoods and walk-ins, a cafeteria, and a small chapel.
Deed restrictions limit use to hospitals and related purposes, including hospital, medical, educational research, and long- and short-term health care facilities and activities incidental and related thereto. Proposed facility uses outside these parameters require review and a vote by the Harrington Regional Medical Center Advisory Board. Access and visibility are described as ideal with entrances off Killgore Dr. and Wallace Blvd, and the property is located within the Harrington Regional Medical Center in Amarillo, TX.
The building features an overhead fire suppression system and two 200-ton chillers installed in 2025. Accommodations include 110 rooms comprised of 91 singles, 18 doubles, and 1 triple, along with administration offices, meeting rooms, a laundry facility, a commercial kitchen with vent hoods and walk-ins, a cafeteria, and a small chapel.
Deed restrictions limit use to hospitals and related purposes, including hospital, medical, educational research, and long- and short-term health care facilities and activities incidental and related thereto. Proposed facility uses outside these parameters require review and a vote by the Harrington Regional Medical Center Advisory Board. Access and visibility are described as ideal with entrances off Killgore Dr. and Wallace Blvd, and the property is located within the Harrington Regional Medical Center in Amarillo, TX.
Key Highlights
- Vacant former Class B healthcare facility previously used for long‑term care and rehab (non‑licensed, non‑operating).
- 102,953 SF ground‑floor facility plus large basement for mechanical equipment; basement SF not included in total.
- 110 rooms total: 91 singles, 18 doubles, and 1 triple.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Sprinkler system
Yes
Paved road access
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
1,504
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79106, TX
27,692
Population
13,385
Households
2.1
Avg Household Size
37
Median Age
24%
College-Educated
87%
High-School Grad
8.6 sq mi
ZIP Area
3,220
Density / Sq Mi
$54,407
Median Household Income
$36,061
Median Earnings
$995
Median Rent
$163,100
Median Home Value
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- BrightStar Care of Amarillo, TX — 1901 Medi Park Dr Suite 1060, Amarillo, TX 79106
- Kirkland Court Health and Rehabilitation — 1601 Kirkland Dr, Amarillo, TX 79106
- Canyonview Estates — 7404 Wallace Blvd, Amarillo, TX 79106
Frequently Asked Questions
What type of property is this?
Nursing home - Vacant non-licensed healthcare facility with 110 rooms, commercial kitchen, and administrative spaces within a deed-restricted use framework.
Where is this nursing home located?
The property is located at 1001 Wallace Boulevard Amarillo, TX.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Vacant former Class B healthcare facility previously used for long‑term care and rehab (non‑licensed, non‑operating).; 102,953 SF ground‑floor facility plus large basement for mechanical equipment; basement SF not included in total.; 110 rooms total: 91 singles, 18 doubles, and 1 triple.
