5398 Meadowgreen Dr Amarillo, TX 79110-4606
This exceptional 10,602 square foot executive office space, located at 5398 Meadowgreen Drive in Amarillo, Texas, presents a unique investment opportunity. Built in 2004, the property sits on a 0.93-acre lot and is currently configured as a daycare center, offering a versatile layout adaptable to various commercial uses. The building boasts 11 classrooms, each with its own bathroom, providing ample space for individual offices or collaborative work areas. Four additional private offices offer executive suites or dedicated workspaces. Supporting amenities include a laundry room, breakroom, and extensive storage space. A commercial kitchen equipped with a grease trap adds further versatility. The property also features multiple playgrounds with jungle gyms and an outdoor bathroom, ideal for employee recreation or potential expansion. The building is well-maintained and in excellent condition. A Net Net Net (NNN) lease is available for $9,550 per month with a two-year term. This property is zoned for commercial use and offers significant potential for a variety of businesses seeking a spacious and well-equipped location in Amarillo, Texas, 79110. The property's location in Randall County provides easy access to major transportation routes and amenities. This is a rare opportunity to acquire a substantial commercial property in a thriving Texas market.
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Learning Depot Child Daycare Center
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
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.