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Property profile & analytics

7501 Wallace Blvd Amarillo, TX 79124

  • Assisted living facilities
  • 65,251 SF
  • 4.20 lot acres
Value Estimation
Location Intelligence
Property ID
US82-3612202
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Oceans Behavioral Hospital Amarillo / Psychiatric Hospital
  • Cardtronics / Atm
  • Infuse by Vibra / Medical Clinic

Property Details for 7501 Wallace Blvd

Year built
2007
Lot size
4.20 lot acres
Property size
65,251 SF
Property type
Assisted living facilities
Property subtype
Retirement homes
APN
R-065-1200-0400
APU
R06512000400

Description

This exceptional 44,494-square-foot Class A medical office building, located at 7501 Wallace Blvd in Amarillo, Texas (zip code 79124), presents a unique investment opportunity. The single-tenant property, situated in Potter County, offers a versatile layout ideal for a variety of medical uses. Previously operating as a 30-bed hospital, the building boasts a comprehensive suite of features designed for optimal medical practice. Key amenities include a 7-bed intensive care unit, extensive administrative office space, a dedicated radiographic imaging area, and a full-service commercial kitchen. The property also features a state-of-the-art overhead fire protection system, a covered ambulance entrance, and numerous private restrooms within both the hospital and ICU areas. Security is ensured through a robust system of security cameras and controlled access points. The building's construction is of Class A quality, and it includes medical gas lines and vacuum systems throughout. An isolation room with touch-free access further enhances its functionality. The space is adaptable and can be divided to accommodate the specific needs of a prospective tenant, making it an attractive option for both large and smaller medical practices. This prime location in Amarillo offers excellent visibility and accessibility.

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
-101.927
Latitude
35.1942
CBSA code
11100
CBSA name
AMARILLO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$91,116
$914,760
$7,335,240
$8,250,000
-
$914,760
$7,335,240
$8,250,000
More about this property
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