940 Buena Vis St, Amarillo, TX 79106-4309
This exceptional Class A medical office building, located at 940 Buena Vista St, Amarillo, TX 79106, presents a unique investment opportunity. The 5,504 square foot building, constructed in 1983 and situated on a 35,540 square foot lot, is zoned GR - General Retail. Recent upgrades significantly enhance its appeal and functionality. These improvements include a new roof, a modernized HVAC system, updated water heaters, and energy-efficient LED lighting throughout. The interior layout is well-designed for optimal workflow, featuring 10 spacious treatment rooms, four bathrooms, and two breakrooms. Multiple rear entrances provide convenient access for staff and deliveries, while a dedicated server room ensures technological readiness. Ample parking is available, and a prominent monument sign ensures high visibility. The substantial extra land behind the building offers significant potential for future expansion or the creation of outdoor therapeutic space. This property is ideally suited for a variety of healthcare uses, including physical therapy practices and medical doctor's offices. The asking price is $525,000.
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Advanced Health Systems 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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GR · Amarillo, TXAmarillo. Always verify with local authorities before improvements.
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.