3941 Western StAmarillo, TX 79124

Property Details for 3941 Western St

Year built

2003

Lot size

0.25 AC

Property size (Sq ft)

12,652 SF

Property type

Office buildings

APN

R-370-0120-2006

APU

R37001202006

Description

Discover a meticulously finished office suite in Northwest Amarillo, ideal for businesses seeking a professional and collaborative environment. This 1,375 square foot space is part of a larger building offering six uniquely designed offices, each catering to diverse business needs, from individual workspaces to meeting areas. Shared amenities include a conference room, data room, and a break room, enhancing productivity and convenience. The suite boasts high ceilings, solid wood doors, and generously sized rooms, creating an inviting atmosphere. A single office is currently available for lease at a monthly rate of $500. Flexible leasing options are available, and the internet package is negotiable. This exceptional property provides a blend of privacy and shared resources, making it perfect for businesses seeking a well-equipped and conveniently located office space in a desirable Northwest Amarillo neighborhood. The property is classified as both Traditional and Creative Office space, offering versatility for various business types. The minimum leasable space is 1,375 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $1,795,269

  6.5%

  $1,657,171

  7%

  $1,538,802

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,064,423

  Geo Method

  $1,522,289

• Alternative Use

  Use

  Valuation

  Residential

  $2,054,892

  Hospitality

  $1,882,270

  Educational

  $1,566,027

  Medical

  $1,619,885

  Retail

  $2,436,042

Location Insight

City

Amarillo

County

Potter

State

Texas

Latitude

35.2457

Longitude

-101.886

CBSA code

11100

CBSA name

AMARILLO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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