500 Quail Crk Dr, Amarillo, TX 79124-1637
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
O · 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.