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    6500 Amarillo Blvd Amarillo, TX 79106

    Sponsored
    For Sale
    $4,495,000

    Prime Amarillo Office, 26,410 SF

    Property size:
    26,410 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 26,410-square-foot Class B office building, currently operating as the Texas A&M Agrilife Research & Extension Center, is available for purchase at $4,495,000. Located at 6500 W Amarillo Blvd in Amarillo, Texas, 79106, this single-tenant property sits on a substantial 20.99-acre lot and boasts 100% occupancy. The building features a mix of office space, classrooms, a large kitchen/break room, a shop area with a grade-level door, and a 300-person auditorium. The main facility occupies 7.65 acres, leaving 13.34 acres of excess land, which offers significant additional value. The property is zoned PD for Office/Medical Office, providing flexibility for various uses. Its strategic location at the intersection of W. Amarillo Blvd. and Killgore Dr. within the Harrington Regional Medical Center offers exceptional visibility and accessibility. The surrounding area includes BSA Hospital, Northwest Texas Hospital, and is across Coulter from the Texas Tech University Health Sciences Center at Amarillo and the Texas Tech University School of Veterinary Medicine. Amarillo, Texas, is a thriving economic hub in the Texas Panhandle, with diverse industries including oil and gas, agriculture, and healthcare. The land and buildings can be sold separately, and there is an option to purchase an adjacent property at 6610 W. Amarillo Blvd. This presents a unique opportunity to acquire a substantial property in a prime location with significant potential.

    Property Features for 6500 Amarillo Blvd

    General Information

    Property type
    Medical offices
    Square Feet
    26,410 SF
    Class
    B
    Lot Size
    914,324 SF

    HighLights

    • $4,495,000 asking price for a 26,410 square foot office building.
    • Located at 6500 W Amarillo Blvd, Amarillo, TX 79106, on a 20.99‑acre lot.
    • Currently 100% occupied, suitable for executive or medical office use.
    • Class B building with PD zoning for Office/Medical Office use.
    • Features include office space, classrooms, kitchen, shop area, and a 300‑person auditorium.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agri Life Research ... Research Institute

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.90877906
    Latitude
    35.20072615

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    FAQs

    What type of property is this?
    Medical office - Prime Amarillo Office, 26,410 SF
    Where is this medical office located?
    The property is located at 6500 Amarillo Blvd Amarillo, TX.
    What is the asking price?
    The asking price for this property is $4,495,000.
    What are key features of this property?
    This property features: $4,495,000 asking price for a 26,410 square foot office building.; Located at 6500 W Amarillo Blvd, Amarillo, TX 79106, on a 20.99-acre lot.; Currently 100% occupied, suitable for executive or medical office use.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6500 Amarillo Blvd Amarillo, TX 79106
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