1911 Port LnAmarillo, TX 79106

Property Details for 1911 Port Ln

Year built

1977

Lot size

0.44 AC

Property size (Sq ft)

3,320 SF

Zone code

GR

Property type

Healthcare properties

Property subtype

Medical offices

APN

R-086-3650-0560

APU

R08636500560

Description

This exceptional 2,500 square foot medical office suite is ideally situated at 1911 Port Lane, Suite C, Amarillo, Texas, 79106. Located near Woodward Avenue, this single-tenant Class B property offers a convenient and established presence in a thriving medical district. Built in 1977, the building boasts a desirable location close to Harrington Regional Medical Center, ensuring high visibility and accessibility for patients. The property is zoned GR, reflecting its suitability for medical practices. The single-tenant occupancy provides stability and ease of management. This 2,500 square foot space presents a fantastic opportunity for medical professionals seeking a well-located, functional office space. The property's strategic location near a major medical center makes it an attractive option for a variety of medical practices. The building itself is well-maintained and ready for immediate occupancy. This is a rare opportunity to acquire a prime medical office space in a high-demand area of Amarillo. Interested parties are encouraged to inquire further to explore the potential of this exceptional property. The address is easily accessible and benefits from excellent visibility. This single-story building offers ample parking and is situated in a well-established commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $471,095

  6.5%

  $434,857

  7%

  $403,796

• Comparable approach

  Method

  Valuation

  Relative Method

  $279,314

  Geo Method

  $399,462

• Alternative Use

  Use

  Valuation

  Residential

  $539,222

  Hospitality

  $493,925

  Educational

  $410,940

  Medical

  $425,073

  Retail

  $639,240

Location Insight

City

Amarillo

County

Potter

State

Texas

Latitude

35.1931

Longitude

-101.912

CBSA code

11100

CBSA name

AMARILLO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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