800 Polk StAmarillo, TX 79101

  • Office buildings
  • 33,101 SF
For Lease
$12/SF/YR View listing

Property Details for 800 Polk St

Year built
1936
Lot size
0.38 AC
Property size (Sq ft)
33,101 SF
Zone code
CB
Property type
Office buildings
APN
R-065-1000-1252
APU
R06510001252

Description

This prestigious Class A office building, the 800 Polk Building, offers a unique opportunity for businesses seeking versatile and modern workspace. Built in 1936 and totaling 35,704 square feet, this single building property sits on a 16,552 square foot lot and features 20 total suites. Currently, 12,979 square feet of space is available for lease, divisible into units as small as 100 square feet, with the largest contiguous space measuring 6,279 square feet. The building caters to a variety of business needs, offering traditional office spaces, executive suites, and coworking options. The property boasts ample parking, convenient access to major transportation routes, and a professional environment designed to enhance productivity. Amenities include elegant lobbies and sophisticated meeting spaces. Property taxes are $4 per square foot. This exceptional property provides a perfect blend of historical charm and modern functionality, creating an ideal setting for business growth and success. Nine spaces are currently available, ranging in size from 100 to 6,279 square feet. Don't miss this chance to secure your ideal workspace in this highly sought-after location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,526,286
    6.5%
    $4,178,110
    7%
    $3,879,674
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,885,447
    Geo Method
    $3,982,712
  • Alternative Use

    Use
    Valuation
    Residential
    $5,180,856
    Hospitality
    $4,745,637
    Educational
    $3,948,314
    Medical
    $4,084,103
    Retail
    $6,141,822

Location Insight

City
Amarillo
County
Potter
State
Texas
Latitude
35.2054
Longitude
-101.838
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
$43,144
$83,300
$2,001,127
$2,084,427
-
$83,300
$2,001,127
$2,084,427

FAQs

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