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Property profile & analytics
OFF-MARKET
Office Spaces

704 09 Ave Amarillo, TX 79101

5,180 SF Built 1920
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 1920
Total area 5,180 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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