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Refined Office Space in Amarillo

2700 S Western Street Amarillo, TX 79109

2700 S Western Street, Amarillo, TX, 79109
$345,000
For Sale
Claim this Listing
$345,000

COMMERCIAL - Amarillo, TX

Property Size1,990 SF
Lot Size0.05 Acres
Price / SF$173.37
AddedFeb 2
Days on Market164
Last RefreshJul 16 at 2:06 am

Property Features for 2700 S Western Street

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
214373
Size
1,990 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Description
OLSEN PARK # 55, LOT 019, BLK 0001

Building Details

Year built
1986

Listing agent Kirk Chudej License #604402

Listing office FIMC Commercial Realty 1619 S Tyler, AMARILLO, TX

Listing date Feb 2, 2026

MLS# 26-964

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.


Investment Insights

Based on property information with market context.

This office space in Amarillo, Texas, provides a functional layout with distinctive features, including three fireplaces, a conference area, and a small kitchen/break room. The 1,990 square-foot suite includes well-appointed private offices and a welcoming reception area. Situated on a 0.05-acre lot in Potter County, this space is designed for efficiency and comfort, making it suitable for professional, medical, or executive office users seeking a polished setting.

Key Highlights

  • Refined layout with well‑appointed private offices.
  • Welcoming reception area for clients and staff.
  • Includes a conference area.

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 $35.8k $18.00
− Vacancy −$5.4k −$2.70
EGI $30.4k $15.30
− OpEx −$7.6k −$3.82
NOI $22.8k $11.48
1,990 SF · lease $18.00/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$326.2K
$285.4K – $380.6K (±1% cap)
NOI $22,835 @ 7.0% cap · market cap 6.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$444.3K
$388.8K – $518.4K (±1% cap)
NOI $31,101 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Farmers Insurance - Mary ... Insurance Agency Glenn Victor B Tax Preparation CEF of West Texas ... Business Park Keffler Rick Law Firm Impact Laser Therapy ... Gym & Fitness Center

Suggested Use

Law Firm Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Locksmith Food Market (Bike/Boat/Book/etc) Store Veterinary Clinic Butcher

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

FAQs

What type of property is this?
Office units - Functional office space with fireplaces, conference area, and kitchen/break room.
Where is this office units located?
The property is located at 2700 S Western Street Amarillo, TX.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Refined layout with well‑appointed private offices.; Welcoming reception area for clients and staff.; Includes a conference area.
Contact an agent
More about this property
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