Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    4 Medical Dr, Unit Amarillo Amarillo, TX 79106

    For Sale
    $600,000

    Fully leased, multi-tenant investment property with strong in-place leases.

    Property size:
    4 SF

    Property Features for 4 Medical Dr

    General Information

    Size
    4 SF

    Building Details

    Year built
    1978

    Source: Tom Roller Agent Tom Roller

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Producing Investment Property For Sale

    This income-producing investment property presents an opportunity to acquire an asset with three established tenants. The property is fully leased, offering a strong in-place lease structure. Based on 2024 financials, the Net Operating Income (NOI) is 8.08%. Two tenants have 5-year leases, while the third tenant has been in place for 11 years with a 3-year extension. The property is located in Amarillo, TX.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    NurseCore Nursing Agency Advanced Limb & Brace ... Orthotics & Prosthetics Service Buford Robert L ... Urologist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.8962037
    Latitude
    35.2074193

    Nearby Similar for Sale

    • $2,929,300

      Amarillo Portfolio of 12 Homes

      Portfolio of 12 homes in Amarillo, TX for sale.
      Amarillo, TX 79109
      View Details
    • $375,000
      0.51 Acres

      Multifamily Investment Opportunity in Amarillo

      Five units in two buildings, potential for owner financing.
      1403 S Hughes St, Amarillo, TX 79102
      View Details
    • $999,000

      New Multifamily Investment Opportunity

      New construction quadplex in Amarillo, TX, built for rental efficiency.
      4010 Clive Ave, Amarillo, TX 79118
      View Details
    • $620,000
      38.55 Acres

      Barndominium on 38+ Acres

      Barndominium on 38.55 acres near Amarillo with pond.
      18501 Gold Rd, Amarillo, TX 79124
      View Details
    • $180,000
      1,207 SF

      Updated Duplex in Amarillo, Texas

      Charming, updated duplex perfect for various living arrangements.
      3804 NE 26Th Ave, Amarillo, TX 79107
      View Details
    • $1,925,000
      11,776 SF

      Multifamily Investment in Amarillo, TX

      Multifamily property in Amarillo's Tierra Santa development, ideal for investors.
      16100 Del Sol Dr, Amarillo, TX 79119
      View Details

    FAQs

    What type of property is this?
    Office building - Fully leased, multi-tenant investment property with strong in-place leases.
    Where is this office building located?
    The property is located at 4 Medical Dr, Unit Amarillo Amarillo, TX.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - 8.08% Net Operating Income (NOI) based on 2024 financials.; - Fully leased, multi-tenant asset providing immediate income.; - Strong in-place leases with established tenants.
    (806) 468-4831
    Request Owner's contact information
    4 Medical Dr, Unit Amarillo Amarillo, TX 79106
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4 Medical Dr, Unit Amarillo
    Amarillo, TX 79106
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4 Medical Dr, Unit Amarillo Amarillo, TX 79106
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.