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    3505 Olsen Blvd Amarillo, TX 79109

    For Lease
    $13 SF/Yr

    Prime Amarillo Office Space, 4 Units Available

    Lot size:
    45,909 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional Amarillo, Texas office complex, the Olsen Park Office Complex, presents a unique investment opportunity. Located at 3505 Olsen Blvd, 79109, this locally owned building boasts 45,909 square feet of total space, with 4 currently available units ranging from a minimum of 364 square feet to a maximum contiguous space of 1,632 square feet. A total of 4,071 square feet is currently vacant and ready for immediate occupancy. The property sits on a generous 3.3-acre lot and is zoned for General Retail, offering flexibility for a variety of businesses. The building features a naturally lit atrium, creating a bright and inviting atmosphere for tenants and clients. Its strategic location offers easy access to major thoroughfares including I-40, Western Street, and Paramount Boulevard, placing it within a high-traffic retail and office corridor. The surrounding area is vibrant, with nearby businesses including Planet Fitness, La Bella Pizza, Super A Appliance, Prime Medical Testing, Brent's Cafe, Boxwell Brothers Funeral Directors, and Hummer's Sports Cafe, ensuring high visibility and convenient amenities for tenants. This property is ideal for businesses seeking a well-located, attractive, and readily available office space in a thriving Amarillo neighborhood. The minimum divisible space is 364 square feet, making it suitable for a range of business sizes.

    Property Features for 3505 Olsen Blvd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    45,909 SF
    Total Rate
    49734.75

    Unit(s) available at that property

    Space
    Suite 222
    Size
    839 SF
    Rate per SF
    $13
    Space
    Suite 212
    Size
    1,632 SF
    Rate per SF
    $13
    Space
    Suite 204
    Size
    364 SF
    Rate per SF
    $13
    Space
    Suite 104
    Size
    1,236 SF
    Rate per SF
    $13
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Brown Consulting Engineers Hvac Contractor April Phifer - Mortgage ... Mortgage Lender Hi-Plains Systems Inc Software Company Creative Cad Design ... Drafting Service Christin N. Hall, ... Counselor

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.8780337
    Latitude
    35.1841684

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Amarillo Office Space, 4 Units Available
    Where is this office property / space located?
    The property is located at 3505 Olsen Blvd Amarillo, TX.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    Request Owner's contact information
    3505 Olsen Blvd Amarillo, TX 79109
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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
    3505 Olsen Blvd Amarillo, TX 79109
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