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    1901 Medi-Park Dr Amarillo, TX 79106

    For Lease
    $15 SF/Yr

    Prime Amarillo medical/creative office space.

    Lot size:
    87,085 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Amarillo, Texas office complex, located at 1901 Medi-Park Drive, offers a unique blend of medical and creative office spaces. The property comprises three interconnected buildings totaling 87,085 square feet, situated on 8.39 acres in Potter County. Built in 1976, this Class B property boasts two elevators and offers multiple tenancy options. Spaces range from a minimum of 564 square feet to a maximum contiguous space of 2,301 square feet, with 18,157 square feet currently vacant. Its convenient location adjacent to Harrington Regional Medical Center makes it an ideal choice for medical practices and related businesses. The complex's versatile design also caters to creative office tenants seeking a unique and functional workspace. The property's substantial size and flexible space options provide opportunities for businesses of various sizes and needs. This is a rare opportunity to secure prime office space in a thriving Amarillo location. The address is 1901 Medi-Park Drive, Amarillo, TX 79106.

    Property Features for 1901 Medi-Park Dr

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    87,085 SF
    Class
    B
    Total Rate
    108856.25

    Building Details

    Year Built
    1976
    Buildings
    3

    Unit(s) available at that property

    Space
    Suite 2068
    Size
    1,621 SF
    Rate per SF
    $15
    Space
    Suite 228
    Size
    1,727 SF
    Rate per SF
    $15
    Space
    Suite 219
    Size
    962 SF
    Rate per SF
    $15
    Space
    Suite 214
    Size
    165 SF
    Rate per SF
    $15
    Space
    Suite 1018
    Size
    1,328 SF
    Rate per SF
    $15
    Space
    Suite 1068
    Size
    1,188 SF
    Rate per SF
    $15

    HighLights

    • 87,085 SF Class B office complex in Amarillo, TX.
    • Three interconnected buildings on 8.39 acres in Potter County.
    • Two elevators and multiple tenancy options, with spaces ranging from 564 SF to 2,301 SF contiguous.
    • 18,157 SF currently vacant.
    • Prime location adjacent to Harrington Regional Medical Center, ideal for medical and creative office users.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    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
    Potter
    State
    Texas
    Longitude
    -101.9146491
    Latitude
    35.1933243

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    FAQs

    What type of property is this?
    Office space - Prime Amarillo medical/creative office space.
    Where is this office space located?
    The property is located at 1901 Medi-Park Dr Amarillo, TX.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 87,085 SF Class B office complex in Amarillo, TX.; Three interconnected buildings on 8.39 acres in Potter County.; Two elevators and multiple tenancy options, with spaces ranging from 564 SF to 2,301 SF contiguous.
    Request Owner's contact information
    1901 Medi-Park Dr 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
    1901 Medi-Park Dr Amarillo, TX 79106
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