550 BuchananAmarillo, TX 79101

  • Hospitality properties
  • 193,004 SF
Off market
$15,257,499 Estimated

Property Details for 550 Buchanan

Year built
2016
Property size (Sq ft)
193,004 SF
Property type
Hospitality properties
Property subtype
Hotels
APN
R-031-0500-2730
APU
R03105002730

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $29,976,560
    6.5%
    $27,670,672
    7%
    $25,694,194
  • Comparable approach

    Method
    Valuation
    Relative Method
    $39,537,224
    Geo Method
    $54,572,268
  • Alternative Use

    Use
    Valuation
    Residential
    $30,208,334
    Hospitality
    $27,670,672
    Educational
    $23,021,674
    Medical
    $23,813,424
    Retail
    $35,811,492
550 Buchanan, Amarillo, Texas

Location Insight

City
Amarillo
County
Potter
State
Texas
Latitude
35.2076
Longitude
-101.833
CBSA code
11100
CBSA name
AMARILLO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $12,609,503
  • Assessed value
    $12,609,503
  • Tax year
    2023
  • Tax bill
    $242,453

FAQs

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