1600 S Coulter St, Amarillo, TX 79106
- Medical Office Space
- 16,573 SF
- 1.56 lot acres
Current Use by Public Records
- Ritchie Thomas M DDS / Dental Office
- Ruiz Family Dental: Ruiz Michelle DDS / Dental Office
- Ruiz Family Dental: Black Danny E DDS / Dental Office
- Whittington Ronald D DDS / Dental Office
- Clinical Pathology Labs Inc / Medical Laboratory
Property Details for 1600 S Coulter St
- Year built
- 1980
- Lot size
- 1.56 lot acres
- Zone code
- PD
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- R-065-3050-0270
- APU
- R06530500270
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 7, 2011 | — | Amarillo Orthopedic Specialist | — | Trustees Deed · related | $2.7M · Amarillo National Bank |
| Feb 2, 2011 | — | Amarillo Orthopedic Specialist | Jsw Properties INC | Grant Deed | $1.4M · Amarillo National Bank |
| Jan 20, 2010 | — | Jsw Properties INC | Ridgeview Medical Center Ltd | Grant Deed | $2.8M · First United Bank |
| — | — | Amarillo Orthopedic Specialits | — | Deed Of Trust · related | $650k · Amarillo National Bank |
Description
This exceptional Class A medical office building, located at 1600 S Coulter in Amarillo, Texas, presents a unique investment opportunity. Boasting 17,973 square feet of vacant space, this property is ideally situated adjacent to Amarillo's hospitals, ensuring high visibility and convenient access for patients and staff. Constructed in 1980 and extensively renovated in 2011, the building offers a modern and functional layout, perfectly suited for medical practitioners. The interior is designed to accommodate four separate medical practices, each with its own dedicated entrance and exit, promoting privacy and efficiency. A significant feature is the inclusion of a 1,400 square foot basement providing ample file storage. The flexible design allows for either a single large tenant or division into four approximately 4,000 square foot units. Ample parking surrounds the building, ensuring convenient access for patients and staff. The property sits on a 1.56-acre lot and is zoned PD - Planned Development, offering potential for future expansion or adaptation. The asking price is $4,500,000. This property represents a rare opportunity to acquire a well-maintained, strategically located medical office building in a thriving Texas market.
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,407,000
Market price range: $633k - $1.82M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $1,210,000 Current use
- RETAIL STORES
- $2,330,000 Change: +93% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $2,220,000 Change: +84% Conversion: Difficult
- RESTAURANT
- $1,985,000 Change: +64% Conversion: Difficult
- WAREHOUSE, STORAGE
- $1,320,000 Change: +9% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Amarillo
- County
- Potter
- State
- Texas
- Longitude
- -101.923
- Latitude
- 35.1968
- CBSA code
- 11100
- CBSA name
- AMARILLO, TX METROPOLITAN STATISTICAL AREA
