Medical Office in Amarillo
1911 Port Ln Amarillo, TX 79106
1911 Port Ln, Amarillo, TX, 79106
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For Sale
Contact for pricing
Medical office building in Amarillo's Medical District for sale.
Property Size3,320 SF
Price / SF$130
Days on Market523
Property Features for 1911 Port Ln
General Information
- Standard status
- Active
- Size
- 3,320 SF
- Property subtype
- Office
Listing Agency
Gaut Whittenburg Emerson CRE
Listed by
Sheril Fuller · License #TX 784282
Source
Crexi
Added: Feb 11, 2025 Checked: Jul 17 at 9:11 am
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.
Located in Amarillo's Medical District, less than 1/2 mile from BSA and NWTH, this 3,320 square foot property offers visibility and access to major roadways. It is suitable for medical offices or related commercial uses. The Medical District is home to a variety of medical services, offices, and support businesses. The medical office building features five exam rooms, four restrooms, and a private office with an en-suite restroom. Waiting and reception areas offer functional space, and ample parking is available for staff and patients. This property is ideal for various healthcare practices and offers accessibility.
Key Highlights
- Prime location in Amarillo's Medical District, near BSA and NWTH.
- Suitable for medical offices or related commercial uses.
- Features five exam rooms, four restrooms, and a private office with en‑suite restroom.
Local 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 8.83%
Second Best
Healthcare Medical
$528.3K
$462.2K – $616.3K
NOI $36,979 @ 7.0% cap · market cap 8.57%
Theoretical Best
Office A
$741.3K
$648.6K – $864.8K
NOI $51,888 @ 7.0% cap · market cap 12.02%
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
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FAQs
What type of property is this?
Medical Office Space - Medical office building in Amarillo's Medical District for sale.
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 $431,600.
What are key features of this property?
This property features: Prime location in Amarillo's Medical District, near BSA and NWTH.; Suitable for medical offices or related commercial uses.; Features **five exam rooms, four restrooms, and a private office with en‑suite restroom.**
