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    320 Polk St Amarillo, TX 79101

    For Lease
    $17 SF/Yr

    Downtown Amarillo Executive Suites, Ample Parking

    Lot size:
    112,617 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    The Maxor Building, a multi-tenant office building situated in the heart of Amarillo's Central Business District (CBD), offers 112,617 square feet of prime office space. Built in 1960, this building boasts a convenient location at the corner of Polk and SW 4th Avenue, providing easy access to county and federal courthouses. Currently, there are six available executive office suites ranging from 1,242 to 30,000 contiguous square feet, with a total of 52,500 square feet currently vacant. The building features ample parking, including both surface and covered options, adding significant convenience for tenants and their clients. A unique amenity is its direct connection to the Downtown Athletic Club, Amarillo's premier athletic club powered by Cooper Aerobics, offering tenants access to exceptional fitness facilities. Furthermore, tenants can enjoy the benefits of Maxor Park, a green space ideal for tenant gatherings or simply a relaxing break. On-site building owners ensure responsive management, and a live security guard service provides peace of mind. A shared conference room is also available for tenant use. This property presents a compelling opportunity for businesses seeking a well-maintained, centrally located office space in Amarillo's vibrant downtown core. The zoning is designated as CBD.

    Property Features for 320 Polk St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    112,617 SF
    Total Rate
    164233.13

    Building Details

    Year Built
    1960

    Unit(s) available at that property

    Space
    Suite 310
    Size
    1,453 SF
    Rate per SF
    $17
    Space
    Suite 601
    Size
    8,398 SF
    Rate per SF
    $17
    Space
    Suite 400 - Full Floor
    Size
    8,398 SF
    Rate per SF
    $17
    Space
    Suite 700
    Size
    8,398 SF
    Rate per SF
    $17
    Space
    Suite 830
    Size
    1,242 SF
    Rate per SF
    $17
    Space
    Suite 900
    Size
    2,000 SF
    Rate per SF
    $17

    HighLights

    • 112,617 square foot office building with multiple tenancies.
    • Executive suites available, ranging from 1,242 to 30,000 contiguous square feet.
    • 52,500 square feet of vacant space currently available.
    • Built in 1960, located in the Amarillo CBD with ample surface and covered parking.
    • Convenient proximity to county and federal courthouses, and connected to the Downtown Athletic Club.
    • Features a common conference room, on‑site security, and access to Maxor Park green space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Firewood Amarillo TX Firewood Supplier Maxor National Pharmacy ... Medical Center ABRAHAMSON & ASSOCIATES, LLC Civil Engineering Company Ralph Roberts Personal ... Personal Trainer Bomb City Basketball Physical Fitness Program

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.8370102
    Latitude
    35.2100272

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    FAQs

    What type of property is this?
    Office Property / Space - Downtown Amarillo Executive Suites, Ample Parking
    Where is this office property / space located?
    The property is located at 320 Polk St Amarillo, TX.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: 112,617 square foot office building with multiple tenancies.; Executive suites available, ranging from 1,242 to 30,000 contiguous square feet.; 52,500 square feet of vacant space currently available.
    Request Owner's contact information
    320 Polk St Amarillo, TX 79101
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    Amarillo, TX 79101
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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
    320 Polk St Amarillo, TX 79101
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