Refined Office Space in
2700 S Western Street Amarillo, TX 79109
2700 S Western Street, Amarillo, TX, 79109
$345,000
For Sale
$345,000
COMMERCIAL - Amarillo, TX
Property Size1,990 SF
Lot Size0.05 Acres
Price / SF$173.37
Days on Market169
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 agency
FIMC Commercial Realty
(806) 358-7151
Listed by
Kirk Chudej · License #604402
(806) 358-7151
Added: Feb 2 Updated: May 14 at 12:49PM Checked: Jul 21 at 6:06PM
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
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
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
Similar For Sale Nearby
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.
