1620 E INTERSTATE 40, Amarillo, TX 79103
1620 E INTERSTATE 40, Amarillo, TX 79103
1620 E INTERSTATE 40, Amarillo, TX 79103
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$2,975,000
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33,968 SqFt
Active Under Contract

1620 E INTERSTATE 40 Amarillo, TX 79103

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Key Details

Property Type Commercial

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 33,968 sqft

Price per Sqft $87

MLS Listing ID 26-3709

Year Built 1985

Source Amarillo Association of REALTORS®

Property Description

Rare adaptive reuse and value-add investment opportunity in Amarillo positioned to benefit from one of the region's largest economic expansions. The asset consists of a 107-key fully furnished hotel with multiple repositioning strategies, including workforce housing for AI/data center construction labor, extended-stay operations for corporate tenants, or repositioning as a traditional or flagged hotel. Investment upside is supported by growing demand tied to major AI and data infrastructure projects, including the Fermi America AI Data Center. Existing furnishings, flexible use potential, and multiple exit strategies provide strong downside protection and long-term upside.

Location

State TX

County Potter

Area 0400 - Ross Post Office

Zoning 0400 - SE Amarillo in City Limits

Direction Exit Ross heading East on I-40 property is on the South.

Exterior

Utilities Available Gas, Electric, City Sewer

Others

Tax ID 213803


Listed Kirk Chudej • FIMC Commercial Realty

NEARBY SCHOOLS & PROPERTIES

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Julie Sauls

Julie Sauls

Agent | License ID: 648856

+1(806) 341-1236

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1620 E INTERSTATE 40