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    Property profile & analytics

    1740 Airport Blvd Amarillo, TX 79118-6978

    • Hotels
    • 53,855 SF
    • 0.02 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 09, 2024
    Location Intelligence
    Property ID
    US82-7294372
    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

    • Fairfield Inn & Suites Amarillo Airport / Hotel

    Property Details for 1740 Airport Blvd

    Year built
    2011
    Lot size
    0.02 lot acres
    Property size
    53,855 SF
    Zone code
    HC
    Property type
    Hotels
    APN
    R-009-5990-0014
    APU
    R00959900014

    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
    -101.726
    Latitude
    35.1943
    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
    $122,486
    $122,839
    $5,377,161
    $5,500,000
    -
    $122,839
    $5,377,161
    $5,500,000

    Comparable in this City

    • Value Estimation by Request
      87,936 SF

      7799 Interstate 40

      HOTEL • 87,936 SF
      7799 Interstate 40, Amarillo, TX 79118-6915
      View Details
    • Value Estimation by Request
      89,740 SF

      7777 Interstate 40

      HOTEL • 89,740 SF
      7777 Interstate 40, Amarillo, TX 79118-6915
      View Details
    • Value Estimation by Request
      52,318 SF

      9305 Interstate 40

      HOTEL • 52,318 SF
      9305 Interstate 40, Amarillo, TX 79118-6907
      View Details
    • Value Estimation by Request
      66,756 SF

      7775 Interstate 40

      HOTEL • 66,756 SF
      7775 Interstate 40, Amarillo, TX 79118-6915
      View Details
    • Value Estimation by Request
      44,082 SF

      9401 Interstate 40

      HOTEL • 44,082 SF
      9401 Interstate 40, Amarillo, TX 79118-6960
      View Details
    • Value Estimation by Request
      20,277 SF

      8701 Interstate 40

      MOTEL • 20,277 SF
      8701 Interstate 40, Amarillo, TX 79118-6932
      View Details

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      6.553 acres of undeveloped land with I-40 frontage.
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    Similar Nearby for Lease

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    • Contact for pricing
      12,000 SF

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    1740 Airport Blvd
    Amarillo, TX 79118-6978
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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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