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    2700 S Western St Amarillo, TX 79109

    For Sale
    $350,000

    Turn-key medical office building in Amarillo, TX with 9.66% cap.

    Property size:
    2,290 SF
    Lot size:
    0.05 Acres

    Property Features for 2700 S Western St

    General Information

    Size
    2,290 SF
    Lot size
    0.05 Acres

    Source: Realty One Agent Murphy Coon TACS

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

    Overview

    Fully Leased Medical Office Building

    This fully leased medical office building, constructed in 1986 and remodeled in 1996 and 2017, is located in a high-demand area of Amarillo, TX. The property offers a 9.66% cap rate. The building is fully leased to a single medical tenant, ensuring consistent rental income. Positioned in a prime medical corridor, the building benefits from high visibility and easy access to major highways and public transportation. The property has abundant parking for tenants and patients. The building has a total area of 2290 square feet. Renovations in 1996 and 2017 enhanced the interior finishes, common areas, and systems, including HVAC, plumbing, and electrical. The building is part of an office park home to a variety of medical practices and other businesses, attracting a steady flow of patients.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farmers Insurance - Mary ... Insurance Agency Glenn Victor B Tax Preparation Service CEF of West Texas ... Business Park Keffler Rick Attorney Impact Laser Therapy ... Wellness Center

    Suggested Use

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

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

    Similar Places Nearby

    Acoma Pine Animal-Bird Clinic, Johnson Animal Hospital

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.8843335
    Latitude
    35.1861305

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    FAQs

    What type of property is this?
    Medical office - Turn-key medical office building in Amarillo, TX with 9.66% cap.
    Where is this medical office located?
    The property is located at 2700 S Western St Amarillo, TX.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - 9.66% Cap Rate: Offers a highly competitive return on investment.; - 100% Occupied: Fully leased to a single, high-quality medical tenant, ensuring consistent income.; - Strategic Location: Located in a prime medical corridor with high visibility and easy access.
    (806) 891-3195
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    2700 S Western St Amarillo, TX 79109
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    Amarillo, TX 79109
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    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
    2700 S Western St Amarillo, TX 79109
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