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    Property profile & analytics

    2315 Interstate 40 Amarillo, TX 79104

    • Hotels
    • 81,433 SF
    • 4.47 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 27, 2023
    Location Intelligence
    Property ID
    US82-3718110
    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

    • Hotels

    Property Details for 2315 Interstate 40

    Year built
    2002
    Lot size
    4.47 lot acres
    Property size
    81,433 SF
    Zone code
    HC
    Property type
    Hotels
    APN
    R-022-0700-9840
    APU
    R02207009840

    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
    -101.811
    Latitude
    35.1951
    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
    $49,763
    $438,105
    $2,161,895
    $2,600,000
    -
    $438,105
    $2,161,895
    $2,600,000

    Comparable in this City

    • Value Estimation
      $385,000
      1,000 SF

      4101 Interstate 40

      MOTEL • 1,000 SF
      4101 Interstate 40, Amarillo, TX 79104-4125
      View Details
    • Value Estimation
      $670,000
      31,674 SF

      2909 Interstate 40

      MOTEL • 31,674 SF
      2909 Interstate 40, Amarillo, TX 79104-3503
      View Details
    • Value Estimation by Request
      37,512 SF

      4601 Interstate 40

      MOTEL • 37,512 SF
      4601 Interstate 40, Amarillo, TX 79104-4262
      View Details
    • Value Estimation
      $675,000
      41,928 SF

      3205 Interstate 40

      MOTEL • 41,928 SF
      3205 Interstate 40, Amarillo, TX 79104-3504
      View Details
    • Value Estimation
      $605,000
      19,680 SF

      2401 Interstate 40

      MOTEL • 19,680 SF
      2401 Interstate 40, Amarillo, TX 79104-3400
      View Details
    • Value Estimation
      $735,000
      35,820 SF

      2915 Interstate 40

      MOTEL • 35,820 SF
      2915 Interstate 40, Amarillo, TX 79104-3503
      View Details

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      Updated Multifamily Property in Amarillo

      Multifamily property with recent capital improvements and updated units.
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    • $600,000
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    Similar Nearby for Lease

    • $600 /Mo

      I-40 Frontage Ground Lease

      High-visibility ground lease along I-40 in East Amarillo.
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      View Details
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      28,254 SF

      Amarillo Warehouse: 28,254 SF

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      View Details
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    2315 Interstate 40
    Amarillo, TX 79104
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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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