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Three-Story Office Building with Courtyard
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1501 S Polk St, Amarillo, TX 79101

Three-floor office building in two units with private offices, conference rooms, and a presentation room for up to 100.

Property Size50,637 SF
Days on Market138

Property Features for 1501 S Polk St

General Information

Standard status Active
Size 50,637 SF
Property subtype OFFICE
Lease Type SF/yr

Additional Details

Space Use Office

Amenities

presentation room
conference rooms
courtyard
basement kitchen

Building Details

Stories 3
Building Size 50,637 SF
Listing Agency: Llano Real Estate Group
Listed By: Josh Langham · License #0664099
Source: Moodyscre
Added: Mar 16 Changed: Jul 29 Last Checked: Jul 30 at 2:25PM

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 Llano Real Estate Group

Investment Insights

Based on property information with market context.

This office building totals 50,637 square feet and is divided into two units, with flexible interior space that can accommodate more than 50 private offices. The layout includes a spacious presentation room designed for up to 100 people, along with multiple conference rooms for meetings and collaboration. A basement kitchen is also in place with a grease trap and hood vent.

The property features a courtyard between two buildings, supporting a more open, shared feel within the office campus. One of the buildings spans almost 40,000 square feet and is served by three floors of versatile office space.

Located at 1501 S Polk St in Amarillo, TX 79101, the building’s configuration supports a range of office operating setups across two tenants or suites within the same structure.

Key Highlights

  • 50,637 SF three‑floor office building divided into 2 units
  • Over 50 private offices possible, plus multiple conference rooms
  • Spacious presentation room sized for up to 100 people

Property Analytics

Current Use

Dr. Lorraine A. Sommerfeldt, ... Physician Dr. Alejandro V. ... Physician Texas Panhandle Centers ... Crisis Center Wood David W Counselor Texas Panhandle Centers Crisis Center

Suggested Use

Top Pick Dental Office Grocery & Convenience Store Storage Facility Auto Parts Store Food Market Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,312
Businesses Nearby

Demographics for 79101, TX

2,307
Population
1,309
Households
1.8
Avg Household Size
51
Median Age
15%
College-Educated
81%
High-School Grad
1.6 sq mi
ZIP Area
1,442
Density / Sq Mi
$40,313
Median Household Income
$36,409
Median Earnings
$898
Median Rent
$152,300
Median Home Value

Market

Lease Benchmarks for Amarillo, TX

$13.97 /SF/Yr
Avg Asking Price
$9.69–$18 /SF/Yr
Price Range
9,424 SF
Avg Space Size

This space is priced 29% above the average of $13.97 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Three-floor office building in two units with private offices, conference rooms, and a presentation room for up to 100.
Where is this office units located?
The property is located at 1501 S Polk St Amarillo, TX.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 50,637 SF three‑floor office building divided into 2 units; Over 50 private offices possible, plus multiple conference rooms; Spacious presentation room sized for up to 100 people
(806) 236-3736 Call to check price and availability
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