4018 50th Ave Amarillo, TX 79109-6126
This exceptional Class A executive office building, located at 4018 SW 50th Ave in Amarillo, Texas, presents a unique investment opportunity. Boasting 4,128 square feet, this property is ideally situated on the west side of I-27, between Hillside Street and 45th Street in South Amarillo, offering excellent visibility and accessibility. Built in 1977, the building features 14+ individual offices, a spacious reception area, a convenient kitchen, and two restrooms. Ample storage space is available throughout the building. A key highlight is the executive office suite, complete with its own private restroom and shower. For added security and functionality, a temperature-controlled server room is also included. The property sits on a lot with 96 feet of frontage on 50th Avenue, providing ample parking for employees and clients. The permitted zoning is LC - Light Commercial. This gross lease property is offered at $339,000 and represents a strong investment in a desirable Amarillo location. The building's features and prime location make it suitable for a variety of professional uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2018Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LC · Amarillo, TXAmarillo. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.