1619 Pecos StAmarillo, TX 79102

Property Details for 1619 Pecos St

Year built

1976

Lot size

1.04 AC

Property size (Sq ft)

3,824 SF

Zone code

GR

Property type

Retail properties

Property subtype

Banks

APN

R-078-0950-1010

APU

R07809501010

Description

This exceptional 3,824 square foot office building, located at 1619 Pecos St, Amarillo, TX 79102, is offered at $475,000. Completely renovated in 2020, this turnkey property sits on a 1.71-acre lot and boasts a modern, professional aesthetic. The interior features ceramic wood-look tile throughout, five private offices, one executive office, a conference room, a breakroom, and a secure vault. Built-in storage and privacy glass enhance the workspace, while a comprehensive security system with cameras provides peace of mind. A sound system and ample parking further contribute to a productive environment. The building is zoned GR and was originally designed with drive-up capabilities, offering potential for future customization. Most furniture and built-in desks are included, making this a truly move-in ready opportunity. This is an ideal space for businesses seeking a polished, functional office with room for growth in a desirable Amarillo location. The property was constructed in 1976.

• CAP approach

  CAP return

  Valuation

  6%

  $768,663

  6.5%

  $709,535

  7%

  $658,854

• Comparable approach

  Method

  Valuation

  Relative Method

  $840,022

  Geo Method

  $1,159,461

• Alternative Use

  Use

  Valuation

  Residential

  $598,520

  Hospitality

  $548,241

  Educational

  $456,130

  Medical

  $471,817

  Retail

  $709,535

Location Insight

City

Amarillo

County

Potter

State

Texas

Latitude

35.1984

Longitude

-101.876

CBSA code

11100

CBSA name

AMARILLO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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