7501 Wallace Blvd, Amarillo, TX 79124-2150
This exceptional 44,494-square-foot Class A medical office building, located at 7501 Wallace Blvd in Amarillo, Texas (zip code 79124), presents a unique investment opportunity. The single-tenant property, situated in Potter County, offers a versatile layout ideal for a variety of medical uses. Previously operating as a 30-bed hospital, the building boasts a comprehensive suite of features designed for optimal medical practice. Key amenities include a 7-bed intensive care unit, extensive administrative office space, a dedicated radiographic imaging area, and a full-service commercial kitchen. The property also features a state-of-the-art overhead fire protection system, a covered ambulance entrance, and numerous private restrooms within both the hospital and ICU areas. Security is ensured through a robust system of security cameras and controlled access points. The building's construction is of Class A quality, and it includes medical gas lines and vacuum systems throughout. An isolation room with touch-free access further enhances its functionality. The space is adaptable and can be divided to accommodate the specific needs of a prospective tenant, making it an attractive option for both large and smaller medical practices. This prime location in Amarillo offers excellent visibility and accessibility.
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Oceans Behavioral Hospital Amarillo Hospital
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Cardtronics Atm
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Infuse by Vibra Medical Clinic
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
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Property description
Physical attributes from public recordsZoning & alternative use
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.