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    2401 S Osage St Amarillo, TX 79103

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    2401 S Osage St Amarillo, TX 79103


    • Office buildings
    • 7,161 SF
    • 8.63 lot acres
    Versatile Property with Tornado Shelter For Lease
    $1,495,000

    Versatile Property with Tornado Shelter

    Adaptable property featuring a tornado-rated building and development potential.

    2401 S Osage St, Amarillo, TX 79103
    View Listing
    Property ID
    US82-4147026
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Western National Life / Insurance Agency

    Property Details for 2401 S Osage St

    Year built
    2005
    Lot size
    8.63 lot acres
    Property size
    7,161 SF
    Zone code
    GR
    Property type
    Office buildings
    APN
    R-044-4200-4865
    APU
    R04442004865

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,460,000
      6.5%
      $1,350,000
      7%
      $1,250,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,646,000
      Market price range: $357k - $1.65M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,140,000
      Current use
      COMMERCIAL (GENERAL)
      $1,175,000
      Change: +3% Conversion: Easy
      RESTAURANT
      $975,000
      Change: -14% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.812
    Latitude
    35.1876
    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
    $23,861
    $189,841
    $1,195,145
    $1,384,986
    -
    $189,841
    $1,195,145
    $1,384,986
    View Listing
    More about this property
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