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    1015 Polk St Amarillo, TX 79101

    • Office Properties & Spaces
    • 19,240 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 1015 Polk St

    Year built
    1926
    Property size
    19,240 SF
    Property type
    Office Properties & Spaces
    Property subtype
    Office space

    Description

    A stunning, 19,240 sq ft Class A creative office building in Amarillo's vibrant CBD, completely renovated in 2018, offering four floors of flexible space and 14 parking spaces. Built in 1926, this historic conversion boasts a unique blend of original and modern features, perfect for a variety of businesses. Located on Polk Street, it's within walking distance of numerous amenities. No bar or restaurant use permitted.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.838
    Latitude
    35.2028

    Comparable in this City

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      308 Van Buren St

      OFFICE BUILDING • 8,844 SF
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      1308 Johnson St

      OFFICE BUILDING • 2,040 SF
      1308 Johnson St, Amarillo, TX 79101-4418
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    • Value Estimation by Request
      101,678 SF

      301 Polk St

      OFFICE BUILDING • 101,678 SF
      301 Polk St, Amarillo, TX 79101-1446
      View Details

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    1015 Polk St
    Amarillo, TX 79101
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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
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