1610 Research St, Amarillo, TX 79124 – Commercial Improved Land

CommercialYear Built 2014Total Assessed Value $6,200,000County Potter

Property Details

The Commercial property 1610 Research St, Amarillo, TX 79124 is located in Potter County. The specific property type is Commercial Improved Land. The total assessed value of this property is $6,200,000.

The gross building area is 62,573 square feet and the land area is 200,007 square feet for this Commercial Improved Land built in 2014.

Legal description: City/Muni/Twp:City Of Amarillo Point West Business Campus # 7 Lot 003Block 0001 Map Ref:Map I12

$6,200,000

Market Value

N/A

Cap Rate

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NOI

N/A

Occupancy

Avg Rent

1 / 4

Property Information

Property TypeCommercial

Sub Property TypeCommercial Improved Land

Building Area62,573

Land Size200,007

Land Value$799,762

Improved Value$5,400,238

Total Assessed Value$6,200,000

Year Built2014

County NamePotter

Account NumberR-065-1200-0660

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

No of Stories1

Number of Units79

Sales History

9/13/2013

Arms-lengthNot Disclosed

Buyer

Heartis Amarillo Partners Lp

Seller

Parkwest Corporate Center Ltd

Book Number

2013.1243389

Recording Date

9/13/2013

Transaction Details

Heartis Amarillo Partners Lp acquired the property from Parkwest Corporate Center Ltd through a Arms-length transaction on 9/13/2013 for .

9/13/2013

Arms-lengthNot Disclosed

Buyer

Heartis Amarillo Partners Lp

Seller

Parkwest Corporate Ctr Ltd

Book Number

Recording Date

9/13/2013

Transaction Details

Heartis Amarillo Partners Lp acquired the property from Parkwest Corporate Ctr Ltd through a Arms-length transaction on 9/13/2013 for .

9/13/2013

Arms-lengthNot Disclosed

Buyer

Heartis Amarillo Partners Lp

Seller

Parkwest Corporate Ctr Ltd

Book Number

Recording Date

9/13/2013

Transaction Details

Heartis Amarillo Partners Lp acquired the property from Parkwest Corporate Ctr Ltd through a Arms-length transaction on 9/13/2013 for .

Property constructed in 2014

YSale Price (USD) byXSales Year

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Mortgage History

1/13/2017

Arms length residential transactions purchase or resales$62,000,000

Borrower

Heartis Amarillo Partners Lp

Lender

Book Number

2017.597

Recording Date

1/13/2017

Transaction Details

Heartis Amarillo Partners Lp borrowed the property from through a Arms length residential transactions purchase or resales transaction on 1/13/2017 for $62,000,000.

Property constructed in 2014

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2024	$799,762	$5,400,238	$6,200,000	$6,200,000	Heartis Amarillo Par...	-	City/Muni/Twp:City O...	91420.00	Point West Bus Campu...	200,007	62,573
2023	$799,762	$5,068,413	$5,868,175	$5,868,175	Heartis Amarillo Par...	-	CITY/MUNI/TWP:CITY O...	91420.01	POINT WEST BUS CAMPU...	200,007	62,573
2021	$800,028	$6,904,775	$7,704,803	$7,704,803	Heartis Amarillo Par...	Po Box 92129	POINT WEST BUSINESS ...	-	POINT WEST BUS CAMPU...	200,007	62,573
2019	$800,028	$6,756,385	$7,556,413	$7,556,413	Heartis Amarillo Par...	Po Box 92129, SOUTHL...	POINT WEST BUSINESS ...	-	-	200,007	62,573
2018	$800,028	$6,431,064	$7,231,092	$7,231,092	Heartis Amarillo Par...	Po Box 92129, SOUTHL...	POINT WEST BUSINESS ...	-	-	200,007	62,573
2017	$800,028	$7,474,995	$8,275,023	$8,275,023	Heartis Amarillo Par...	Po Box 565048, DALLA...	POINT WEST BUSINESS ...	-	-	200,007	75,423
2016	$800,028	$3,943,631	$4,743,659	$4,743,659	Heartis Amarillo Par...	Po Box 565048, DALLA...	POINT WEST BUSINESS ...	-	-	200,007	75,423
2015	$800,028	$3,943,631	$4,743,659	$4,743,659	Heartis Amarillo Par...	Po Box 565048, DALLA...	POINT WEST BUSINESS ...	-	-	200,007	75,423
2014	$800,028	-	$800,028	$800,028	Heartis Amarillo Par...	Po Box 565048, DALLA...	POINT WEST BUSINESS ...	-	-	200,007	-

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Comparables

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	1610 Research St, Amarillo, TX 79124	—	-	200,007	2014	62,573	$ 6,200,000	$ 799,762	-
Prosperity Bank	317 S Harrison St, Amarillo, TX 79101	08/20/2025	$ 250,000	4,200	0	-	$ 6,375	$ 4,356	-
Prosperity Bank	313 S Harrison St, Amarillo, TX 79101	08/20/2025	$ 250,000	4,200	0	-	$ 6,750	$ 4,356	-
Prosperity Bank	303 S Harrison St, Amarillo, TX 79101	08/20/2025	$ 250,000	8,400	0	-	$ 13,346	$ 8,276	-
Shapiro Family Lp	1007 N Fillmore St, Amarillo, TX 79107	06/06/2025	$ 126,000	3,500	0	-	$ 3,199	$ 1,575
Prosperity Bank	303 S Harrison St, Amarillo, TX 79101	04/15/2025	$ 500,000	8,400	0	-	$ 13,346	$ 8,276	Reinbold Inc
First United Bank	100 S Fillmore St, Amarillo, TX 79101	12/30/2024	$ 185,000	4,500	0	-	$ 8,010	$ 4,356
First United Bank	6200 W Interstate 40, Amarillo, TX 79106	09/25/2024	$ 755,000	80,180	2009	55,112	$ 7,950,000	$ 480,902	Cca Real Estate Llc
E & I Estates Llc	607 N Mirror St, Amarillo, TX 79107	08/28/2024	$ 220,000	18,750	0	-	$ 12,326	$ 5,619
Cap Certified Dev Corporation	1502 Se 10th Ave, Amarillo, TX 79102	08/27/2024	$ 288,000	6,750	1976	525	$ 10,273	$ 9,801	Bomb City Armory Llc
Centennial Bank	604 S Van Buren St, Amarillo, TX 79101	08/09/2024	$ 800,000	16,800	0	-	$ 29,031	$ 21,236

Mean$ 1,188,049

Median$ 269,000.0

Loan Amount Range$ 67,900 - $ 13,500,000

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
1610 RESEARCH ST, AMARILLO, TX 79124-1793	HEARTIS AMARILLO	8063531900	PERSONAL CARE HOMES

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License Details

License Number

841861

Dual Shop

Issued By

DUAL

State Authority

Issue Date

-

Original Issuance

Expire Date

6/29/2025

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	BRISTOL PARK AT AMARILLO
	Address Line	1610 research st
	City / State / Zip	amarillo TX 79124
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48375
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	79124
Registration Details	SOS Code

License Timeline

License Issued

Currently Active

Status: -

Renewal Required

6/29/2025

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