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Camelot Inn 2508 E Interstate 40 154 Room Hotel Amarillo, TX 79103 $3,500,000 ($22,727/Room)
INVESTMENT HIGHLIGHTS
- Ideal for Travel Center, Truck Stop, or National Brand Fuel Operator
- Direct Ramp Access to I-40 East & West
- 66-Room Existing Structure Offering Interim Revenue or Redevelopment Flexibility
EXECUTIVE SUMMARY
CBRE is pleased to present the exclusive opportunity to acquire a high-profile 5.02-acre redevelopment site strategically positioned on the north side of Interstate 40 in Amarillo, Texas. Currently improved with a 154 - room hospitality structure, the property offers immediate access to both eastbound and westbound traffic, making it an ideal location for a next-generation travel center or truck stop development. Boasting frontage along I-40 with daily traffic counts exceeding 50,000 vehicles and an additional 17,000 vehicles per day along the access road, the site offers superior visibility, heavy traffic flow, and excellent access via multiple entry and exit points. The property’s strategic interstate location, size, and infrastructure make it uniquely positioned for redevelopment as a flagship travel center in the Texas Panhandle, bridging east-west commerce along one of the nation’s busiest trucking corridors.
PROPERTY FACTS
| Price | $3,500,000 | Lot Size | 5.02 AC |
| Price Per Room | $22,727 | Building Size | 86,518 SF |
| Sale Type | Investment | No. Rooms | 154 |
| Sale Condition | Redevelopment Project | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1964 |
| Property Subtype | Hotel | Parking Ratio | 2.5/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | LC | ||
| Price | $3,500,000 |
| Price Per Room | $22,727 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 5.02 AC |
| Building Size | 86,518 SF |
| No. Rooms | 154 |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 2.5/1,000 SF |
| Corridor | Exterior |
| Zoning | LC |
AMENITIES
- Patio
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 154 | $54.00 | - |
PROPERTY TAXES
| Parcel Number | R-044-4200-5055-0 | Improvements Assessment | $770,943 |
| Land Assessment | $601,346 | Total Assessment | $1,372,289 |
PROPERTY TAXES
Parcel Number
R-044-4200-5055-0
Land Assessment
$601,346
Improvements Assessment
$770,943
Total Assessment
$1,372,289
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Camelot Inn | 2508 E Interstate 40
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