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500 Quail Crk Dr Amarillo, TX 79124-1637

OFF-MARKET Medical Office Space Google Maps
6,765 SF 1.09 ac lot Built 2001
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$340k
Range $306k – $374k (±10%)
Property ID US82-1642557

Property summary

AI-generated overview

This exceptional 6,765-square-foot medical office building, constructed in 2001, is situated on a 1.09-acre lot in Northwest Amarillo, Texas, and features two distinct suites. The property boasts 35 parking spaces and a courtyard, enhancing its appeal and functionality. Suite A, encompassing 3,383 square feet, includes seven exam rooms, a lab, sterilization area, utility room, and two restrooms. This suite is currently leased. Suite B, mirroring Suite A in size at 3,382 square feet, offers eight exam rooms, four offices, a kitchen, and three restrooms. Currently available for lease, Suite B presents a significant opportunity for expansion or additional income. The building is zoned O-2 and has an APN of R-065-1620-1080.0. The asking price for this well-maintained property is $820,000, making it an attractive investment in a thriving medical market. The property's location in Potter County, with the address 500 Quail Creek Drive, Amarillo, TX 79124, provides excellent accessibility and visibility.

Property profile

Verified
Property type Medical Office Space
Use group DENTAL BUILDING
Year built 2001
Total area 6,765 SF
Lot 1.09 ac (47,480 SF)
Zoning code O
APN R-065-1620-1080
UPID US82-1642557

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
  • Medical School
  • Physician Medical Clinic
  • Physician
  • Dental Office

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2025
3 recorded transactions
2025
Price N/A
2011
Price N/A
2009
Price N/A

Zoning & alternative use

O · Amarillo, TX

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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