Income-Producing Investment Property For
For Sale
$595,000
4 Medical Drive, Amarillo, TX 79106
Fully leased, multi-tenant investment property with strong in-place leases.
Property Size4 SF
Price / SF$148,750
Days on Market349
Property Features for 4 Medical Drive
General Information
Standard status
Active
Size
4 SF
Property subtype
Office
Building Details
Year Built
1978
Listing Agency:
Coldwell Banker Commercial First Equity, Realtors
(806) 468-4831
Listed By:
Tom Roller
(806) 468-4831
Source:
Cbcworldwide
Added: Sep 10, 2025
Changed: May 21
Last Checked: Apr 9 at 9:00PM
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 Coldwell Banker Commercial First Equity, Realtors
Investment Insights
Based on property information with market context.
This income-producing investment property presents an opportunity to acquire an asset with three established tenants. The property is fully leased, offering a strong in-place lease structure. Based on 2024 financials, the Net Operating Income (NOI) is 8.08%. Two tenants have 5-year leases, while the third tenant has been in place for 11 years with a 3-year extension. The property is located in Amarillo, TX.
Key Highlights
- 8.08% Net Operating Income (NOI) based on 2024 financials.
- Fully leased, multi‑tenant asset providing immediate income.
- Strong in‑place leases with established tenants.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
567
Businesses Nearby
Explore this area
Business Placement
Demographics for 79106, TX
27,692
Population
13,385
Households
2.1
Avg Household Size
37
Median Age
24%
College-Educated
87%
High-School Grad
8.6 sq mi
ZIP Area
3,220
Density / Sq Mi
$54,407
Median Household Income
$36,061
Median Earnings
$995
Median Rent
$163,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Fully leased, multi-tenant investment property with strong in-place leases.
Where is this office building located?
The property is located at 4 Medical Drive Amarillo, TX.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 8.08% Net Operating Income (NOI) based on 2024 financials.; Fully leased, multi‑tenant asset providing immediate income.; Strong in‑place leases with established tenants.
