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Property profile & analytics
FOR SALE
Medical Office Space
6111 W Amarillo Blvd Amarillo, TX 79124
Individually Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-0155086
For Sale
1 / 2
$597,750
6111 W Amarillo Blvd, Amarillo, TX 79124
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1967
Total area
4,782 SF
Lot
0.83 ac (36,155 SF)
Zoning code
GR
APN
R-035-0300-0440
UPID
US82-0155086
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
-
Neel S MD Physician
-
Suresh Neelagaru Physician
-
Amy Upton Family Practice Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bes-son Investors Ltd · 7 yrs held
Bes-son Investors Ltd
since 2019
6 recorded transactions
Zoning & alternative use
GR · Amarillo, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Amarillo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Amarillo submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,410
Tax year 2023
Assessed value
$419,591
Assessed 2024
Previous assessed
$342,480
+22.5% YoY
Effective rate
1.77%
On assessed value
Assessed land
$90,387
Assessed improvement
$329,204
Land market value
$90,387
Improvement market value
$329,204
Total market value
$419,591
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Sale
Year built
1967
Heating
YES
Cooling
YES
Stories
1
Rooms
1
Total area
4,782 SF
Lot
0.83 ac (36,155 SF)
Zoning code
GR
APN
R-035-0300-0440
UPID
US82-0155086
Jurisdiction
POTTER
Zoning & alternative use
GR · Amarillo, TX
Zoning GR · permitted uses
GR · Amarillo, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Amarillo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Heating
YES
Cooling
Yes
Stories
1
Rooms
1
Lot
0.83 ac
Current owner
From public records · entity-resolved
Bes-son Investors Ltd
Individual
Mailing address
550 POST OAK BLVD STE #420, HOUSTON, TX 77027-9427
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2019
—
Bes-son Investors Ltd
Store Master Funding Ix LLC
Quit Claim Deed
related
$710,000 · Allegiance Bk
Dec 23, 2015
—
Stone Master Funding Ix LLC
Suresh B Neelagaru Pa
Special Warranty Deed
$800,000 · Citibank NA
Sep 14, 2015
—
Suresh B Neelagaru
—
Trustees Deed
related
$170,000 · First Fin'l Bk&tr
Apr 27, 2012
—
Suresh B Neelagaru
S N & A K Family LP
Warranty Deed
related
—
Mar 7, 2012
—
Cecil L Burch
Westview Foundation
Warranty Deed
related
—
Sep 26, 2006
—
Sn & Ak Family
Toledo Cesar Ltd
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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