701 Taylor StAmarillo, TX 79101

Property Details for 701 Taylor St

Year built

1976

Lot size

2.07 AC

Property size (Sq ft)

67,330 SF

Zone code

CB

Property type

Banks

APN

R-065-1000-0351

APU

R06510000351

Description

This exceptional Class A office building, located at 701 S Taylor in downtown Amarillo, Texas, offers 237,204 square feet of prime commercial space. Currently, one suite of 13,002 square feet is available for lease within this multi-tenant building. The property boasts a striking atrium, adding to its impressive aesthetic. Convenient amenities include an on-site barber shop and restaurant, enhancing the tenant experience. Professional on-site management ensures smooth operations. Ample parking is provided, with both covered and uncovered options available to accommodate tenants and their visitors. The building is zoned CB and situated in Potter County, offering easy access to Amarillo's vibrant city center. This is a rare opportunity to secure prestigious office space in a highly desirable location. The property's impressive size and amenities make it ideal for a variety of businesses seeking a sophisticated and convenient work environment in the heart of Amarillo. The building's Class A designation reflects its high-quality construction and modern features. This listing presents a unique chance to establish a prominent presence in Amarillo's thriving business district. The available space is well-suited for a large organization or a company seeking to expand its operations.

• CAP approach

  CAP return

  Valuation

  6%

  $13,534,020

  6.5%

  $12,492,942

  7%

  $11,600,589

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,790,442

  Geo Method

  $20,414,886

• Alternative Use

  Use

  Valuation

  Residential

  $10,538,264

  Hospitality

  $9,652,993

  Educational

  $8,031,177

  Medical

  $8,307,382

  Retail

  $12,492,942

Location Insight

City

Amarillo

County

Potter

State

Texas

Latitude

35.2059

Longitude

-101.835

CBSA code

11100

CBSA name

AMARILLO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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