2401 Osage St Amarillo, TX 79103-6409
This exceptional 131,721-square-foot multi-use campus in Amarillo, Texas, presents a unique investment opportunity. Situated on a sprawling 15.04-acre lot, this property boasts four buildings totaling 131,721 square feet, with ten individual suites. Originally constructed in 1964 and extensively renovated in 2004, the campus features a mix of medical, traditional, and creative office spaces, currently configured as a multi-tenant facility. The property includes a building with an F4 tornado rating, providing exceptional structural integrity. Further enhancing its resilience, the campus is equipped with four backup generators and a 15,000-gallon underground storage tank. Its prime location offers excellent access to both I-40 and I-27 interstates, complemented by a massive parking area. The expansive land parcel presents significant potential for future development. Zoned for general retail, this versatile property is ideally suited for a variety of uses, including call centers, claim centers, medical campuses, memory care facilities, or even a junior college or university campus. The property is available for sale or lease, and offers a turnkey opportunity with existing cubicles, chairs, desks, conference rooms, and break rooms. Located at 2401 S Osage St, Amarillo, TX 79103, in Potter County. The property is a single-story structure.
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Western National Life Insurance Agency
remelting purposes, which is located in the A, GR, LC, CB, HC, I-1 and PD Zoning Districts. It also does not include the incidental outdoor display of commodities for retail sale where the use is permitted by section 4-10-82 in a GR General Retail District. Where either this designation of an open storage activity or another designation might apply, the more…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
GR · Amarillo, TXremelting purposes, which is located in the A, GR, LC, CB, HC, I-1 and PD Zoning Districts. It also does not include the incidental outdoor display of commodities for retail sale where the use is permitted by section 4-10-82 in a GR General Retail District. Where either this designation of an open storage activity or another designation might apply, the more restrictive shall govern. (89) Secondhand Merchandise Dealers or Storage: The keeping, handling, storage or use of furniture, appliances and/or other merchandise or goods for sale or display. "Secondhand merchandise" is defined as an item which has previously been sold at the wholesale or retail level or previously used by an individual or business. Except in an I-2 Zoning District, any outdoor storage or display of such merchandise shall require visual screening to the standards set out in
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
