3606 Washington StAmarillo, TX 79110

Property Details for 3606 Washington St

Year built

1967

Lot size

0.45 AC

Property size (Sq ft)

5,592 SF

Zone code

GR

Property type

Office buildings

APN

R-061-3100-3360

APU

R06131003360

Description

This 1,041 square foot single-tenant office building is ideally situated on South Washington Street, just south of Interstate 27 in Randall County. Its prime location benefits from high visibility and significant traffic flow due to its proximity to the interstate, placing it at the crossroads of retail and residential areas. This strategic position ensures exposure to a diverse customer base, encompassing both local residents and commuters. The property's design includes four well-appointed individual offices and a spacious, open work area, providing ample room for a variety of business configurations. The surrounding area boasts a mix of retail establishments and residential homes, creating a captive market for businesses seeking a blend of local and commuter clientele. This location offers exceptional visibility and accessibility, making it an attractive opportunity for businesses aiming to maximize their potential within a dynamic and thriving neighborhood. The property is a traditional office building suitable for a single tenant. The convenient access to I-27 provides easy commuting for employees and clients alike. This is a rare opportunity to secure a well-located, functional office space in a high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $829,623

  6.5%

  $765,806

  7%

  $711,105

• Comparable approach

  Method

  Valuation

  Relative Method

  $498,897

  Geo Method

  $672,829

• Alternative Use

  Use

  Valuation

  Residential

  $949,599

  Hospitality

  $869,828

  Educational

  $723,686

  Medical

  $748,575

  Retail

  $1,125,734

Location Insight

City

Amarillo

County

Randall

State

Texas

Latitude

35.1757

Longitude

-101.849

CBSA code

11100

CBSA name

AMARILLO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].