515 Polk StAmarillo, TX 79107

Property Details for 515 Polk St

Lot size

0.13 AC

Zone code

I1

Property type

Other commercial real estate

APN

R-031-0500-7870

APU

R03105007870

Description

This exceptional Class A executive office building, located at 515-517 N Polk Street in Amarillo, Texas, presents a unique investment opportunity. Boasting 4,086 square feet on an 11,324 square foot lot, this property features six remodeled offices, a dedicated workroom, a conference room, a comfortable waiting area, and four restrooms. Additional space includes a finished basement offering 650 square feet of versatile storage or expansion potential, and a separate 316 square feet of storage space. The building benefits from a recently installed roof (2023) and ample parking with 36 spaces. The property is zoned I-1 Light Industrial, offering flexibility for various uses. Conveniently situated near Downtown Amarillo at the intersection of NW 6th & N Polk St, it provides easy access to major transportation arteries including Hwy 287/I-27 and Hwy 60. Its advantageous location is further enhanced by its proximity to The Commons at St. Anthony's, a significant senior housing development. Annual property taxes are $2,097.79. This well-maintained building offers a compelling combination of functionality, location, and potential, making it an ideal investment for discerning buyers. The total building size is comprised of 3,120 square feet of office space, 316 square feet of storage, and 650 square feet of basement space.

• Alternative Use

  Use

  Valuation

  Residential

  $919,764

  Hospitality

  $842,499

  Educational

  $700,949

  Medical

  $725,056

  Retail

  $1,090,366

Location Insight

City

Amarillo

County

Potter

State

Texas

Latitude

35.2188

Longitude

-101.835

CBSA code

11100

CBSA name

AMARILLO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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