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    5500 Bluebird St Amarillo, TX 79109

    Sponsored
    For Sale
    $460,000

    Prime I-27 location, 4,000 sq ft.

    Property size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,000 square foot office/retail condo, built in 2007, is ideally situated in Amarillo, Texas, at 5500 Bluebird, Suite 100, offering excellent I-27 frontage. The property boasts 13 large offices, including three executive suites complete with built-in credenzas and desks. A welcoming reception area, spacious conference room, and employee break room enhance functionality. Two secure rooms, featuring full concrete block walls and ceilings, and security doors, are perfect for server rooms or secure storage. One of these rooms includes its own independent cooling system. The building is equipped with underground CAT 5 fiber data lines and a dedicated Cummins natural gas-powered generator for reliable power. Three HVAC units ensure comfortable climate control. The permitted zoning is HC, and the asking price is $460,000 ($115/sq ft). This turnkey opportunity presents a compelling investment in a high-traffic location.

    Property Features for 5500 Bluebird St

    General Information

    Property type
    Multifamily properties
    Square Feet
    4,000 SF

    Building Details

    Year Built
    2007

    HighLights

    • $460,000 asking price for a 4,000 square foot office/retail condo.
    • Located at 5500 Bluebird, Suite 100, Amarillo, TX 79109.
    • Features 13 offices, 3 executive suites, reception area, conference room, break room, and 2 secure rooms.
    • Includes built‑in executive office furniture, underground CAT 5 fiber data lines, and a Cummins natural gas generator.
    • Equipped with three HVAC units and permitted under HC zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Our Daily Bread Bakery Studio32 Dental Arts, ... Dental Laboratory Two Knives Catering Caterer Wild Hair Beauty Salon Professional Software-Amarillo Computer Consultant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.8968816781
    Latitude
    35.135913909408

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    FAQs

    What type of property is this?
    Multifamily property - Prime I-27 location, 4,000 sq ft.
    Where is this multifamily property located?
    The property is located at 5500 Bluebird St Amarillo, TX.
    What is the asking price?
    The asking price for this property is $460,000.
    What are key features of this property?
    This property features: $460,000 asking price for a 4,000 square foot office/retail condo.; Located at 5500 Bluebird, Suite 100, Amarillo, TX 79109.; Features 13 offices, 3 executive suites, reception area, conference room, break room, and 2 secure rooms.
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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
    5500 Bluebird St Amarillo, TX 79109
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