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Property profile & analytics
FOR SALE
Office buildings

6500 W Amarillo Blvd Amarillo, TX 79106

26,410 SF 3.69 ac lot Built 1977
Individually Owned Free & Clear
Property ID
US82-4042768
Property summary
AI-generated overview

This exceptional 26,410-square-foot Class B office building, currently operating as the Texas A&M Agrilife Research & Extension Center, is available for purchase at $4,495,000. Located at 6500 W Amarillo Blvd in Amarillo, Texas, 79106, this single-tenant property sits on a substantial 20.99-acre lot and boasts 100% occupancy. The building features a mix of office space, classrooms, a large kitchen/break room, a shop area with a grade-level door, and a 300-person auditorium. The main facility occupies 7.65 acres, leaving 13.34 acres of excess land, which offers significant additional value. The property is zoned PD for Office/Medical Office, providing flexibility for various uses. Its strategic location at the intersection of W. Amarillo Blvd. and Killgore Dr. within the Harrington Regional Medical Center offers exceptional visibility and accessibility. The surrounding area includes BSA Hospital, Northwest Texas Hospital, and is across Coulter from the Texas Tech University Health Sciences Center at Amarillo and the Texas Tech University School of Veterinary Medicine. Amarillo, Texas, is a thriving economic hub in the Texas Panhandle, with diverse industries including oil and gas, agriculture, and healthcare. The land and buildings can be sold separately, and there is an option to purchase an adjacent property at 6610 W. Amarillo Blvd. This presents a unique opportunity to acquire a substantial property in a prime location with significant potential.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1977
Total area 26,410 SF
Lot 3.69 ac (160,736 SF)
Zoning code PD
APN R-001-0750-1240
UPID US82-4042768
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
  • Agri Life Research & Extension Research Institute
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.98M
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.26M
Owner & transaction history
BOARD OF REGENTS OF TEXAS A & M UN
BOARD OF REGENTS OF TEXAS A & M UN
Zoning & alternative use
PD · Amarillo, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $5.8M +20.9%
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