Technical
Financial
Distress signals
Property profile

3501 Soncy Rd S Amarillo, TX 79119

FOR LEASE
Retail space
Property ID
US82-2139034
1,560 SF 11.31 ac lot Built 1995
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional single-story Class B office building, located at 3501 S Soncy Rd, Amarillo, TX 79119 (near the intersection of 34th Street & Soncy Road), offers a unique blend of medical and creative office spaces. The property boasts a total of four suites within a single building, providing a range of sizes to accommodate various business needs. Currently, there are 18,913 square feet of vacant space available, with minimum divisible units starting at 1,475 square feet and the maximum contiguous space available totaling 12,873 square feet. The building's convenient location provides easy access to Interstate 40 and the Harrington Regional Medical Center, making it an ideal location for medical practices and businesses seeking a central Amarillo address. Ample free parking is available for tenants and their clients. The property is situated in Randall County and is categorized as both Medical Office and Creative Office space, offering versatility for a wide array of potential tenants. This is a fantastic opportunity to secure office space in a highly desirable and accessible location.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1995
Total area 1,560 SF
Lot 11.31 ac (492,881 SF)
Zoning code PD
APN R-073-0530-4055
UPID US82-2139034

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office

Location

3501 Soncy Rd S Amarillo, TX 79119
Amarillo metro Census 21604 AMARILLO, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$195k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$195k

Owner & transaction history

since 2020
7 recorded transactions
2020
Price N/A
2020
Price N/A
2020
Price N/A
2019
Price N/A
2019
Price N/A
2014
Price N/A
2011
Price N/A

Zoning & alternative use

PD · Amarillo, TX
Zoning description

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 4-1…

General category PLANNED_DEVELOPMENT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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