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1516 E Interstate 40 Amarillo, TX 79103-2105 1516 E Interstate 40 1,440 SF 100% Leased Retail Building Amarillo, TX 79103 $999,999 ($694.44/SF)
Investment Highlights
- High-Visibility, High-Traffic Location – Excellent exposure to daily commuters and regional traffic along I-40
- Ideal for a wide range of commercial uses including retail, hospitality, convenience store, restaurant, mixed-use, and office
- Positioned within a growing trade area with strong visibility from both eastbound and westbound traffic
- Exceptional Access – Convenient interstate access via the Osage Street exit
- Sale includes an existing leased premium billboard, generating ongoing advertising revenue and adding value to the investment profile
- Great opportunity for developers, investors, and user-occupants
Executive Summary
Frontage: Over 280 feet of prime frontage along the South side of East Interstate 40
Investment Opportunity:
Rare opportunity to secure a prominent interstate site in a key commercial corridor.
With significant frontage, excellent access, and supplemental lease income from the
billboard, this property offers both immediate cash flow.
Investment Opportunity:
Rare opportunity to secure a prominent interstate site in a key commercial corridor.
With significant frontage, excellent access, and supplemental lease income from the
billboard, this property offers both immediate cash flow.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
1,440 SF
Building Class
C
Year Built
1967
Price
$999,999
Price Per SF
$694.44
Percent Leased
100%
Building Height
1 Story
Building FAR
0.07
Lot Size
0.47 AC
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R-026-0400-4075-0 | Improvements Assessment | $63,410 |
| Land Assessment | $36,590 | Total Assessment | $100,000 |
Property Taxes
Parcel Number
R-026-0400-4075-0
Land Assessment
$36,590
Improvements Assessment
$63,410
Total Assessment
$100,000
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1516 E Interstate 40 Amarillo, TX 79103-2105 | 1516 E Interstate 40
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