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31664160
31664185

3706 Mockingbird Ln, Amarillo, TX 79109 For Sale

HC
TX TX 606152
KW Commercial
Listed by KW Commercial
$650,000
95 days on market
Updated 1 day ago

3706 Mockingbird Ln.

Details
APN 211820
Property Type Office
Sub Type Traditional Office
Square Footage 5,956
Cap Rate 7.38%
NOI $48,000
Occupancy 66.67%
Tenancy Multi
Lease Type Modified
Lease Term 3
Lease Expiration 09/03/2028
Remaining Term 2.4
Rent Bumps Yes
Pro-Forma Cap Rate 12%
Pro-Forma NOI $78,000
Price per SqFt $109
Broker Co-Op Yes
Class B
Year Built 1971
Year Renovated 1996
Buildings 1
Stories 1
Lot Size (SqFt) 18,295
Zoning GR
Investment Type Owner/User
Lease Commencement 09/04/0205
Occupancy Date 09/04/2025

Office | 7.38% CAP | 5,956 SqFt

Marketing 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 $650,000.

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.

Investment highlights

Building Size: 5,956 sf

Income Producing: 4,000 sf currently leased

Layout: 11 Total Offices (incl. 2 Executive) + 2 Conference

Parking: 20 Total Spaces (includes 4 covered)

Recent Upgrades: New 5-ton HVAC (2025)

Amenities: 5 restrooms, break room and 2 garage spaces

Listing Contacts

HC
TX TX 606152
KW Commercial
Listed by KW Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$48,000.00
$4,000.00/mo

Valuation Metrics

0
DSCR
7.38%
Cap Rate
7.38%
ROI

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Additional Information

Name
Holly Coats, CPA, CCIM
License
TX 606152
Brokerage
Keller Williams Realty Amarillo
Brokerage Address
3955 South Soncy Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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