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Financial
Distress signals
Property profile

1620 Interstate 40 E Amarillo, TX 79103

FOR SALE
Motels
Property ID
US82-0309663
33,968 SF 2.07 ac lot Built 1985
Last sale Aug 2016
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial hotel asset located in Amarillo, Texas, with 107 guest keys and a total building area of 33,968 square feet. It is configured for lodging use and is described as fully furnished, with interior layouts that support multiple hospitality or accommodation models, including extended-stay operation and workforce housing type occupancy. The property has potential for use as a traditional independent hotel or a branded/flagged hotel configuration. It was designed to…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value · 2024$464k
Assessed land$355k
Assessed improvement$109k
Effective rate2.29%

Value estimate

· Oct 2026
$730k
$657k – $803k
AI approach$730k
Submarket $/SF estimate$386k
NOI build-up
Gross scheduled income$448k
Vacancy & credit loss−$112k
Operating expenses−$177k
NOI · 5.37% cap applied$160k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
5.37%
$160k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
LC
The purpose of this district is to provide light commercial uses
General categoryCOMMERCIAL
JurisdictionPOTTER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency33.1
Dental Office25.6
Law Firm24.3

Location

1620 Interstate 40 E Amarillo, TX 79103
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
4 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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