704 09 Ave Amarillo, TX 79101
This exceptional Class A executive office building, located at 704 SW 9th Ave in Amarillo, Texas, presents a unique investment opportunity. Built in 1920 and boasting 5,180 square feet of space on an 8,276 square foot lot, this vacant property is zoned LC - Light Commercial. The building features a recently completed interior renovation, offering a modern and efficient workspace. The layout includes multiple private offices, a welcoming reception area, a dedicated conference room, a convenient copier/work area, ample storage space, a comfortable breakroom, and a full basement. Exterior updates have also been completed. The property benefits from a secure environment with a security system and offers convenient access to major transportation arteries, including easy access to I-27 and I-40. Additional features include private restrooms and ample parking. The asking price for this turnkey executive office building is $475,000. This is an ideal opportunity for a business seeking a prestigious and well-equipped space in a thriving downtown Amarillo location. The property's size, amenities, and location make it a highly desirable asset.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.