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    7501 Wallace Blvd Amarillo, TX 79124
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    Property profile & analytics

    7501 Wallace Blvd Amarillo, TX 79124


    • Assisted living facilities
    • 65,251 SF
    • 4.20 lot acres
    Class A Medical Facility Available For Lease
    $690,000
    44,494 SF

    Class A Medical Facility Available

    First floor medical facility with hospital and office space.

    7501 Wallace Blvd, Amarillo, TX 79124
    View Listing
    Property ID
    US82-3612202
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $690,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Oceans Behavioral Hospital Amarillo / Hospital
    • Cardtronics / Atm
    • Infuse by Vibra / Medical Clinic

    Property Details for 7501 Wallace Blvd

    Year built
    2007
    Lot size
    4.20 lot acres
    Property size
    65,251 SF
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    R-065-1200-0400
    APU
    R06512000400

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $690,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.927
    Latitude
    35.1942
    CBSA code
    11100
    CBSA name
    AMARILLO, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $91,116
    $914,760
    $7,335,240
    $8,250,000
    -
    $914,760
    $7,335,240
    $8,250,000
    View Listing
    More about this property
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