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    7201 I-40 Amarillo, TX 79106

    Sponsored
    For Lease
    $14 SF/Yr

    Prime Amarillo Office Suites Available

    Lot size:
    52,604 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional three-story, 52,604 square foot Class B office building presents a unique investment opportunity in Amarillo, Texas. Situated on the south side of Interstate 40, between Bell and Coulter Streets, this conveniently located property offers easy access to major transportation routes. Built in 1985, the building boasts four total suites, with three currently available, ranging in size from 284 to 698 square feet. The property features ample parking, making it convenient for tenants and visitors. The building is beautifully maintained and offers full-service amenities. Its prime location provides excellent proximity to a variety of conveniences, including banks, restaurants, retail establishments, and the medical district. The building is equipped with elevators for easy access to all three floors. This is an ideal location for businesses seeking a contemporary and well-maintained office space in a thriving area of Amarillo, within Potter County. The multiple tenancy structure allows for flexibility and potential for diverse tenant occupancy. The available suites offer a range of sizes to accommodate various business needs. This property represents a strong investment opportunity in a desirable location with excellent accessibility and amenities.

    Property Features for 7201 I-40

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    52,604 SF
    Class
    B
    Total Rate
    63563.17

    Building Details

    Year Built
    1985
    Stories
    3

    Unit(s) available at that property

    Space
    Available Suite 108-1
    Size
    284 SF
    Rate per SF
    $14
    Space
    Available Space 106
    Size
    347 SF
    Rate per SF
    $14
    Space
    Available Space 110
    Size
    698 SF
    Rate per SF
    $14

    HighLights

    • Class B, 52,604 SF office building in Potter County.
    • Three‑story building with four suites, offering multiple tenancy options.
    • 284‑698 SF of office space currently available.
    • Building features ample parking, easy I‑40 access, and is conveniently located near banks, restaurants, and the medical district.
    • Well‑maintained building with full‑service amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.9182005
    Latitude
    35.1850995

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Amarillo Office Suites Available
    Where is this office property / space located?
    The property is located at 7201 I-40 Amarillo, TX.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Class B, 52,604 SF office building in Potter County.; Three-story building with four suites, offering multiple tenancy options.; 284-698 SF of office space currently available.
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    7201 I-40 Amarillo, TX 79106
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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
    7201 I-40 Amarillo, TX 79106
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