Medical Office Building For
1911 Port Ln Amarillo, TX
For Sale
Contact for pricing
Medical office building with exam rooms and ample parking.
Property Size3,320 SF
Lot Size1.36 Acres
Price / SF$128.01
Days on Market444
Property Features for 1911 Port Ln
General Information
- Standard status
- Active
- Size
- 3,320 SF
- Lot size
- 1.36 Acres
- Property subtype
- RETAIL
Listing Agency:
Gaut Whittenburg Emerson CRE
(806) 373-3111
Listed By:
Sheril Blackburn
Source:
Moodyscre
Added: May 7, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:47AM
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.
This medical office building offers a functional space suitable for various healthcare practices. The building features five exam rooms and four restrooms, along with a private office that includes an en-suite restroom. Waiting and reception areas provide dedicated space for patients and staff. Ample parking is available. The property offers strong visibility and accessibility.
Key Highlights
- Turnkey medical office building ready for immediate occupancy.
- Features five exam rooms to accommodate a variety of healthcare practices.
- Ample parking for staff and patients.
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 | $59.8k | $18.00 |
| − Vacancy | −$9.0k | −$2.70 |
| EGI | $50.8k | $15.30 |
| − OpEx | −$12.7k | −$3.82 |
| NOI | $38.1k | $11.48 |
3,320 SF · lease $18.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$544.2K
$476.2K – $635.0K
NOI $38,097 @ 7.0% cap · market cap 8.96%
Second Best
Healthcare Medical
$528.3K
$462.2K – $616.3K
NOI $36,979 @ 7.0% cap · market cap 8.70%
Theoretical Best
Office A
$741.3K
$648.6K – $864.8K
NOI $51,888 @ 7.0% cap · market cap 12.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Amarillo Strength & Balance
Medical Clinic
Carrasco Londa MD
Physician
Dr. Arturo G. ...
Physician
Carrasco and Carrasco Mds ...
Physician
Aaron Brugh Delong
Physician
Similar Off Market Nearby
- Dr. Natalie Harrison DVM — Animal Medical Center, 6201 W Amarillo Blvd, Amarillo, TX 79106
- Animal Medical Center — 6201 W Amarillo Blvd, Amarillo, TX 79106
- S P C A — 1900 Coulter St Suite G, Amarillo, TX 79106
- Laveta Bryan DVM — Animal Medical Center, 6201 W Amarillo Blvd, Amarillo, TX 79106
- Veterinary Medical Diagnostic — 6610 W Amarillo Blvd, Amarillo, TX 79106
FAQs
What type of property is this?
Medical Office Space - Medical office building with exam rooms and ample parking.
Where is this medical office space located?
The property is located at 1911 Port Ln Amarillo, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Turnkey medical office building ready for immediate occupancy.; Features five exam rooms to accommodate a variety of healthcare practices.; Ample parking for staff and patients.
