1916 S Carolina St, Amarillo, TX 79102
- Office buildings
- 8,640 SF
- 0.72 lot acres
Current Use by Public Records
- Erin Park / Physician
- Dr. Abraham M. Deacon, DDS / Physician
- Re-Form Physical Therapy, Pilates & Aesthestics / Medical Clinic
Property Details for 1916 S Carolina St
- Year built
- 2019
- Lot size
- 0.72 lot acres
- Property type
- Office buildings
- APN
- R-086-3800-3900
- APU
- R08638003900
Description
This exceptional Class A office property, located at 1916 S Carolina St, Amarillo, TX 79102, offers 8,528 square feet of versatile space in a single-tenant building. Constructed in 2019, the building boasts a modern design and is situated on a 0.71-acre lot, providing ample parking with 48 spaces available. Currently, 2,605 square feet is available for lease. The property is zoned O2 and caters to various office needs, including traditional, executive, medical, and creative office spaces. The building features one story and benefits from high visibility due to its location in central Amarillo with I-40 visibility. A significant advantage for prospective tenants is a $25 per square foot tenant finish allowance provided by the landlord, allowing for customization of the space to meet specific business requirements. Tenants can choose their preferred floor plan and complete the tenant finish to their specifications. Existing tenants include Re-form Physical Therapy. This property presents a unique opportunity for businesses seeking a modern, well-located, and adaptable office space in Amarillo.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,765,000
- 6.5%
- $1,625,000
- 7%
- $1,510,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,371,000
Market price range: $723k - $2.09M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,295,000 Current use
- COMMERCIAL (GENERAL)
- $1,415,000 Change: +9% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,140,000 Change: -12% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Amarillo
- County
- Potter
- State
- Texas
- Longitude
- -101.875
- Latitude
- 35.1933
- CBSA code
- 11100
- CBSA name
- AMARILLO, TX METROPOLITAN STATISTICAL AREA
