Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2766 Duniven Cir Amarillo, TX 79109

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2766 Duniven Cir Amarillo, TX 79109

    View on Map
    • Office properties & Spaces
    • 2,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Union Hall Workspace / Coworking & Hybrid Office
    • Sturdy Joe Norman Rentals / Building Supply
    • Choose My Career / Employment Agency / Tutoring Service
    • Above Control Auto Prime / Department Store
    • Mindfulness with Murphy / Counselor / Mental Health Service

    Property Details for 2766 Duniven Cir

    Property size
    2,000 SF
    Property type
    Office properties & Spaces
    Property subtype
    Coworking space

    Description

    This exceptional Amarillo, Texas office space, located at 2766 Duniven Cir, zip code 79109, offers flexible coworking and executive office suites within a 2,000 square foot building in Potter County. Units are available from a minimum of 95 square feet, catering to diverse business needs. The property boasts a unique atmosphere combining the comfort of a coffee shop with the efficiency of a modern workspace and the convenience of hotel-style services. This location provides easy access to I-40, ensuring quick commutes to downtown Amarillo and the city's rapidly developing south side. The surrounding area features a vibrant mix of craft restaurants and boutique shops, creating a convenient and attractive environment for businesses and employees. The space is designed to foster collaboration and community, offering a superior alternative to working from home or in a traditional coffee shop setting. Multiple tenancy options are available, making this an ideal solution for businesses of all sizes seeking a productive and inspiring work environment in a thriving Amarillo neighborhood. The property is situated in an established and successful area of Amarillo, offering both convenience and a dynamic atmosphere.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.869
    Latitude
    35.1904

    Comparable in this City

    • Value Estimation by Request

      3221 Western St

      Office Units
      3221 Western St, Amarillo, TX 79109
      View Details
    • Value Estimation by Request
      3,000 SF

      3716 Olsen Blvd

      Coworking space • 3,000 SF
      3716 Olsen Blvd, Amarillo, TX 79109
      View Details
    • Value Estimation by Request
      860 SF

      4028 51St Ave

      Office properties & Spaces • 860 SF
      4028 51St Ave, Amarillo, TX 79109
      View Details
    • Value Estimation by Request
      1,100 SF

      1619 Kentucky St

      Office properties & Spaces • 1,100 SF
      1619 Kentucky St, Amarillo, TX 79109
      View Details
    • Value Estimation by Request
      20,844 SF

      6801 Bell St

      Neighborhood centers • 20,844 SF
      6801 Bell St, Amarillo, TX 79109
      View Details
    • Value Estimation by Request
      13,756 SF

      3712 Olsen Blvd

      Medical Office Space • 13,756 SF
      3712 Olsen Blvd, Amarillo, TX 79109
      View Details

    Similar Nearby for Sale

    • $749,000
      24,000 SF

      Iconic Amarillo Commercial Building

      Four-story commercial building with redevelopment potential in Amarillo, Texas.
      2711 Stanley St, Amarillo, TX 79109
      View Details
    • Contact for pricing
      8,000 SF

      Amarillo Commercial Property For Sale

      8,000 SF commercial property in Amarillo, Texas for sale.
      4710 Bell St, Amarillo, TX 79109
      View Details
    • $460,000

      Spacious Office Space with I-27 Frontage

      End-cap office space featuring executive offices, secure rooms, and generator.
      5500 Bluebird St, Amarillo, TX 79109
      View Details
    • $365,000

      Commercial Building with Warehouse Space

      Large commercial building with warehouse space and office areas.
      6325 Star Ln, Amarillo, TX 79109
      View Details
    • $725,000
      2,800 SF

      Amarillo Commercial Property For Sale

      Commercial property with easy access and advertising capability in Amarillo.
      6636 Canyon Dr, Amarillo, TX 79109
      View Details
    • Contact for pricing
      11,500 SF

      Renovated Office Building For Sale

      11,500 SF office building renovated in 2015, great signage.
      5625 Fulton Dr, Amarillo, TX 79109
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Coworking Space in Thriving Amarillo

      Flexible coworking space with easy access to amenities and I-40.
      2766 Duniven Cir, Amarillo, TX 79109
      View Details
    • $14 SF/Yr
      20,844 SF

      Copper Ridge Shopping Center

      Neighborhood centers • 20,844 SF
      6801 Bell St, Amarillo, TX 79109
      View Details
    • Contact for pricing

      Office/Retail Space in Peppertree Square

      Office/retail space in Peppertree Square, Amarillo, TX for sublease.
      2600 Paramount Blvd, Amarillo, TX 79109
      View Details
    • Contact for pricing

      High-Rise Office Building in Amarillo

      High-rise office building with ample parking and accessible location.
      2201 Civic Cir, Amarillo, TX 79109
      View Details
    • $1,500 /Mo

      Professional Office Space Available Now

      Versatile office space with private offices, reception, and breakroom.
      2920 Duniven Cir, Amarillo, TX 79109
      View Details
    • Contact for pricing

      High Rise Office Building

      High rise office building in central Amarillo with ample parking.
      2201 Civic Cir, Amarillo, TX 79109
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2766 Duniven Cir
    Amarillo, TX 79109
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!