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    5501 Enterprise Cir Amarillo, TX 79106

    For Lease
    $20 SF/Yr ($6,108 /Mo)

    Prime I-40 West location, 3,665 sq ft office.

    Lot size:
    3,665 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 3,665-square-foot executive office building, located at 5501 Enterprise Circle in Amarillo, Texas, presents a unique investment opportunity. Built in 1984 and situated on a 36,154-square-foot lot, the property is currently vacant and offers significant potential for redevelopment or immediate occupancy. The building's previous use as a bank drive-up provides a versatile layout adaptable to various business needs. Its single-tenant configuration allows for complete control and customization. The property is zoned PD and enjoys a highly visible location at the intersection of Enterprise Circle and I-40, offering unparalleled accessibility and exposure to a substantial volume of traffic. This I-40 West submarket location in Amarillo, Texas (zip code 79106) provides easy access to the interstate and surrounding amenities, making it an ideal choice for businesses seeking a prominent and convenient location. The property's strategic placement just off the eastbound I-40 Frontage Road ensures high visibility and easy access for clients and employees. This is a rare opportunity to acquire a well-positioned, adaptable commercial property in a thriving Amarillo submarket.

    Property Features for 5501 Enterprise Cir

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,665 SF
    Total Rate
    6108.33

    Building Details

    Year Built
    1984

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,665 SF
    Rate per SF
    $20

    HighLights

    • 3,665 SF executive office building on a 36,154 SF lot in Amarillo, TX (79106). Currently vacant, offering redevelopment or immediate occupancy potential.
    • High‑visibility location at I‑40 and Enterprise Circle, offering excellent ingress/egress and high traffic exposure.
    • Stand‑alone building allowing for complete customization and branding opportunities.
    • Multiple signage opportunities along I‑40, Bell Street, and key intersections.
    • Adaptable layout, previously used as a bank drive‑up, suitable for various business needs.
    • Prime location in the I‑40 West submarket, offering easy interstate access and proximity to amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.89865987
    Latitude
    35.18933617

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    FAQs

    What type of property is this?
    Individual retail property - Prime I-40 West location, 3,665 sq ft office.
    Where is this individual retail property located?
    The property is located at 5501 Enterprise Cir Amarillo, TX.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 3,665 SF executive office building on a 36,154 SF lot in Amarillo, TX (79106). Currently vacant, offering redevelopment or immediate occupancy potential.; High-visibility location at I-40 and Enterprise Circle, offering excellent ingress/egress and high traffic exposure.; Stand-alone building allowing for complete customization and branding opportunities.
    Request Owner's contact information
    5501 Enterprise Cir Amarillo, TX 79106
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    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
    5501 Enterprise Cir Amarillo, TX 79106
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