1620 E INTERSTATE 40, Amarillo, TX 79103-2117 (MLS# 26-3709)

1620 E INTERSTATE 40, Amarillo, TX 79103-2117

$2,975,000

Property Type: Commercial Square Footage: 33,968 Status: Pending - Contingent

Current Price: $2,975,000 Last Modified: 5/15/2026

Overview

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.

Listing Details MLS# 26-3709

Property Information

Zone: 0400 - SE Amarillo in City Limits
Area: 0400 - Ross Post Office
Realtor.COM Type: Commercial
Total SqFt. (+/-): 33968
Square Foot Source: Appr Measure
List Price Per Sq. Ft.: 87.58
Year Built: 1985
Photos are Virtually Staged: No

Taxes and Legal Information

House #: 1620
Street Direction Pfx: E
Street Name: INTERSTATE 40
State/Province: TX
Postal Code: 79103-2117
County: Potter
Legal: AIR PARK # 14, LOT 009, BLK 0002, & LOT 11 UNIT 18, 3.1700 ACRES
City: Amarillo

Contract Information

L/A Supervisor: Bill Chudej
Supervisor's Phone #: 806-358-7151
L/A Supervisor License Number: 331043
Under Contract Date: 2026-05-15
Directions: Exit Ross heading East on I-40 property is on the South.

Utilities Available

City Sewer: Yes
Electric: Yes
Gas: Yes

Property Features

Utilities Available: City Sewer; Electric; Gas

Listing Office: FIMC Commercial Realty

Listing Agent: Kirk Chudej

Last Updated: May - 15 - 2026

Information deemed reliable but not guaranteed.