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    3 Care Cir Amarillo, TX 79124

    Sponsored
    For Sale
    $2,195,000

    10,000 SF, 33 Parking Spaces, Move-In Ready

    Property size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A office building, located at 3 Care Cir in Amarillo, Texas, presents a unique investment opportunity. Boasting 10,000 square feet of meticulously maintained space, this property is ideally situated in the vibrant Medical District of Potter County, zip code 79124. Built in 2006 and subsequently remodeled, the building features high-end construction with a striking blend of stone, brick, and wood accents. The current configuration includes a corporate office setup and a drive-thru pharmacy component, offering significant versatility for a variety of uses. The property is fully occupied, ensuring immediate cash flow. Ample parking is provided with 33 spaces in a well-lit lot, enhanced by a comprehensive security system including security cameras. The 1.03-acre lot is zoned for heavy commercial use, providing flexibility for future expansion or redevelopment. The building's impressive features, prime location, and strong occupancy rate make this a truly exceptional investment opportunity. The asking price has been reduced, making this an even more compelling proposition. This move-in ready property is ready for immediate occupancy. Don't miss this chance to acquire a high-quality, income-producing asset in a thriving Texas market.

    Property Features for 3 Care Cir

    General Information

    Property type
    Medical offices
    Square Feet
    10,000 SF
    Class
    A
    Lot Size
    44,867 SF

    Building Details

    Year Built
    2006

    HighLights

    • Price Reduced! Multi‑use office building in the Medical District, built in 2006 with recent renovations.
    • Approximately 10,000 square feet, plus additional second‑floor storage.
    • Currently configured as a corporate office with a drive‑thru pharmacy.
    • High‑end finishes featuring stone, brick, and wood; move‑in ready condition.
    • Attractive landscaping, 33 parking spaces, lighted lot, and security system with cameras.
    Property Profile Location Intelligence

    Current Use by Public Records

    Valmed Home Health ... Pharmacy Lauri D. Thomas, ... Pharmacy

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.9276845
    Latitude
    35.1896772

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    FAQs

    What type of property is this?
    Medical office - 10,000 SF, 33 Parking Spaces, Move-In Ready
    Where is this medical office located?
    The property is located at 3 Care Cir Amarillo, TX.
    What is the asking price?
    The asking price for this property is $2,195,000.
    What are key features of this property?
    This property features: Price Reduced! Multi-use office building in the Medical District, built in 2006 with recent renovations.; Approximately 10,000 square feet, plus additional second-floor storage.; Currently configured as a corporate office with a drive-thru pharmacy.
    Request Owner's contact information
    3 Care Cir Amarillo, TX 79124
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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
    3 Care Cir Amarillo, TX 79124
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