Technical
Financial
Distress signals
Property profile

3941 Western St Amarillo, TX 79124

OFF-MARKET
Office buildings
Property ID
US83-3201368
12,652 SF 0.25 ac lot Built 2003
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Discover a meticulously finished office suite in Northwest Amarillo, ideal for businesses seeking a professional and collaborative environment. This 1,375 square foot space is part of a larger building offering six uniquely designed offices, each catering to diverse business needs, from individual workspaces to meeting areas. Shared amenities include a conference room, data room, and a break room, enhancing productivity and convenience. The suite boasts high ceilings, solid wood doors, and generously sized rooms, creating an inviting atmosphere. A single office is currently available for lease at a monthly rate of $500. Flexible leasing options are available, and the internet package is negotiable. This exceptional property provides a blend of privacy and shared resources, making it perfect for businesses seeking a well-equipped and conveniently located office space in a desirable Northwest Amarillo neighborhood. The property is classified as both Traditional and Creative Office space, offering versatility for various business types. The minimum leasable space is 1,375 square feet.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2003
Total area 12,652 SF
Lot 0.25 ac (10,890 SF)
APN R-370-0120-2006
UPID US83-3201368

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
  • (Bike/Boat/Book/etc) Store
  • Landscaping
  • Landscaping General Contractor

Location

3941 Western St Amarillo, TX 79124-7850
Amarillo metro Census 13400 AMARILLO, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$525k
CAP Approach CAP
by Request
Comparable Approach Comparable
$936k
Blend (final) Blend
$730k

Owner & transaction history

since 2017
7 recorded transactions
2017
Price N/A
2017
Price N/A
2016
Price N/A
2009
Price N/A
2008
Price N/A
2008
Price N/A
1969
Price N/A

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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