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Property profile & analytics
FOR LEASE
Office buildings

321 SW 7Th Ave Amarillo, TX 79101

8,400 SF 0.39 ac lot Built 1941
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US82-2345197
Property summary
AI-generated overview

This 1,764 square foot executive office space is located at 321 SW 7th Avenue, Amarillo, TX 79101, near Van Buren. The single-tenant property is part of a larger 8,000 square foot building and offers a modern layout including a large waiting area, expansive reception area, three glass-walled offices, a break area with kitchenette space, and a very large, versatile room suitable for various uses, such as a conference room or bullpen. The property boasts high-speed internet, a modern HVAC system, and ample parking (13 spaces) for staff and visitors. Its central downtown location provides easy access to major highways, public transportation, and local amenities. The zoning is 0100 - NW Amarillo in City Limits. This space is ideal for businesses seeking a professional and functional environment in a thriving downtown location. The property is currently vacant.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1941
Total area 8,400 SF
Lot 0.39 ac (16,988 SF)
Zoning code CB
APN R-065-1000-0600
UPID US82-2345197
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • 11 Marketing & Design Advertising Agency Marketing & Advertising
  • Invisible Genie Gallery & Studio Art Gallery
  • Shivaram Gowdagere Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$995k
Owner & transaction history
Gossetts INC · 1 yrs held
Gossetts INC
since 2025
3 recorded transactions
2025
Price N/A
2021
Price N/A
2005
Price N/A
Zoning & alternative use
CB · Amarillo, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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