Value Add Investment with 8.64% Cap Rate — Sale in Amarillo, TX

  • Price: $625K
  • Listing type: For sale
  • Asset type: Office
  • Location: Amarillo, TX 79109
  • Size: 5,956 SF
  • Year built: 1971

Photos

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Investment Figures

Price per square foot
$105
Price per unit
$625,000 across 1 units

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

3706 Mockingbird Ln, Amarillo, presents a compelling investment and owner-user opportunity in a central Amarillo location.​ This well-maintained Class B office property totals 5,956 SF on an 18,295 SF lot and is offered at $625,000.​ Ideal for buyers seeking immediate income with future flexibility, the building is currently 66.67% occupied, with approximately 4,000 SF leased and 1,956 SF available for an owner-user or additional tenant.​The efficient layout includes 11 total offices, including 2 executive offices, plus 2 conference rooms, 5 restrooms, and a break room.​ The property is designed for functionality and convenience with 20 parking spaces, including 4 covered spaces, an outdoor covered patio, and 2 garage spaces that offer value-add potential for conversion to additional office or specialized workspace.​ Three HVAC units provide zoned comfort, and a new 5-ton HVAC unit installed in 2025 helps reduce near-term capital expenses.​ Positioned near major retail, service businesses, and key thoroughfares, this property offers strong accessibility and long-term appeal for investors and owner-users alike.​ Building SF: 5956 | Land Size: 18295.0 SF | Year Built: 1971 | Listing Type: FOR SALE

Market Context

This office in Amarillo, TX is listed for sale at $625,000 across 5,956 SF ($109/SF). The building dates to 1971. Compare it against other office listings for sale in Amarillo, TX — view the full market.

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