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Property profile & analytics
OFF-MARKET Estimated value $1,515,000
Office buildings

5809 Western St Amarillo, TX 79110-3626

36,170 SF 3.36 ac lot Built 1985
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-5156446
Property summary
AI-generated overview

This exceptional Amarillo, Texas office building, located at 5809 S Western St, 79110, near I-27, presents a rare opportunity for businesses seeking executive office space. The property, known as Southtree Office Park, is a Class B, two-story building totaling 36,170 square feet, constructed in 1985, and situated on a 3.36-acre lot. The building features two hydraulic elevators, ensuring convenient access to all floors. Currently, there are three suites available within the multi-tenant building, ranging from a minimum of 628 square feet to a maximum contiguous space of 2,473 square feet. A total of 4,309 square feet is currently vacant, offering flexibility for businesses of various sizes. The property is zoned Light Commercial (LC), allowing for a variety of commercial uses. Its convenient location and accessibility, coupled with the opportunity for prominent signage, make this an ideal location for businesses seeking high visibility and a professional image. The building's features and location provide a compelling opportunity for businesses looking to establish or expand their presence in the Amarillo market. This is a multi-tenant building, offering a collaborative and professional environment. The property's ample lot size provides ample parking and potential for future expansion.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Total area 36,170 SF
Lot 3.36 ac (146,362 SF)
Zoning code LC
APN R-073-1920-0210
UPID US82-5156446
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
  • North Texas Dental Lab Dental Office
  • Pardons & Paroles Board State Government Office
  • Parole Division Probation Office
  • Institutional Parole Office Probation Office
  • Shelly Groves Coaching Life Coach
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$975k
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.06M
Blend (final) Blend
$1.52M
Owner & transaction history
Pampa Concrete Co INC · 7 yrs held
Pampa Concrete Co INC
since 2018
4 recorded transactions
2018
Price N/A
2017
Price N/A
2006
Price N/A
1969
Price N/A
Zoning & alternative use
LC · Amarillo, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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