1620 E INTERSTATE 40, Amarillo, TX 79103
- Added:
- May 15, 2026
- Days on Market:
- 40
- Last Refresh:
- Jun 23 at 11:06 pm
Property Features for 1620 E INTERSTATE 40
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active Under Contract
- APN
- 213803
- Size
- 33,968 SF
Taxes and HOA fees
- Tax Description
- AIR PARK # 14, LOT 009, BLK 0002, & LOT 11 UNIT 18, 3.1700 ACRES
Building Details
- Year built
- 1985
Listing agent Kirk Chudej License #604402 (806) 358-7151
Listing office FIMC Commercial Realty 1619 S Tyler, AMARILLO, TX (806) 358-7151
Listing date May 15, 2026
Copyright © 2026 Amarillo Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 107‑key fully furnished hotel
- Existing furnishings provide immediate value
- Proximity to Fermi America AI Data Center
- Benefit from economic expansion related to AI/data center projects
- Repositioning potential for workforce housing, extended‑stay, or traditional hotel
- Multiple exit strategies offer downside protection
Overview
Local Financial Insights For Hotel Hospitality
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 | $448.4k | $13.20 |
| − Vacancy | −$112.1k | −$3.30 |
| EGI | $336.3k | $9.90 |
| − OpEx | −$176.5k | −$5.20 |
| NOI | $159.7k | $4.70 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Amarillo
- County
- Randall
- State
- Texas
- Longitude
- -101.820081
- Latitude
- 35.19095