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    1501 S Polk St Amarillo, TX 79107

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    For Sale
    $2,200,000

    Office building with presentation room, conference rooms, and courtyard.

    Property size:
    50,637 SF
    Lot size:
    1.74 Acres

    Property Features for 1501 S Polk St

    General Information

    Size
    50,637 SF
    Lot size
    1.74 Acres

    Source: Llano Real Estate Group Agent Josh Langham

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

    Overview

    50,637 SF Office Building

    This 50,637 square foot office building is divided into two units. The property offers the potential for over 50 private offices. A spacious presentation room can accommodate 100 people. Multiple conference rooms are available. A courtyard is located between the two buildings. The larger building spans almost 40,000 square feet and includes three floors of versatile office space. The basement features a kitchen equipped with a grease trap and hood vent. This property is located in Amarillo, TX and is ideal for office building investors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Lorraine A. Sommerfeldt, ... Psychiatrist Dr. Alejandro V. ... Psychiatrist Texas Panhandle Centers ... Mental Health Service Wood David W Counselor Texas Panhandle Centers Mental Health Service

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Law Firm Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.8386918
    Latitude
    35.1981048

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    FAQs

    What type of property is this?
    Office building - Office building with presentation room, conference rooms, and courtyard.
    Where is this office building located?
    The property is located at 1501 S Polk St Amarillo, TX.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: - 50,637 SF office building, ideal for office building investors.; - Divided into 2 units, offering flexibility.; - Over 50 private offices possible.
    (806) 236-3736
    Request Owner's contact information
    1501 S Polk St Amarillo, TX 79107
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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
    1501 S Polk St Amarillo, TX 79107
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