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Property profile & analytics
OFF-MARKET Estimated value $730,000
Office buildings

3941 Western St Amarillo, TX 79124-7850

12,652 SF 0.25 ac lot Built 2003
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US83-3201368
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Tascosa Creek Outfitters (Bike/Boat/Book/etc) Store
  • Arborlogical - Tree Service & Lawn Care Landscaping
  • Arborlogical Inc. Landscaping General Contractor
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
2 Sims Real Estate LLC · 8 yrs held
2 Sims Real Estate LLC
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
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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