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32922643
32922640

2915 East Interstate 40 Highway, Amarillo, TX 79104

DP
TX 822851
The Llano Real Estate
Listed by The Llano Real Estate
Unpriced
30 days on market
Updated 23 days ago

RestInn

Details
Property Type Multifamily, Hospitality (+1)
Sub Type Commercial, Apartment Building (+1)
Square Footage 48,186
Keys 104
Tenancy Vacant
Rent Bumps Yes
Class D
Year Built 1968
Year Renovated 2005
Buildings 2
Stories 2
Acreage 3.290
Zoning Motel
Parking Spaces 160 per key
Investment Type Redevelopment

I-40 Frontage, premier location

Marketing description

Exceptional Value-Add Real Estate Opportunity Along the High-Traffic I-40 Corridor!

2915 E IH 40, Amarillo, TX 79104-3503 represents a premier investment or leasing opportunity featuring an expansive, limited-service hospitality asset situated on 3.29 premium acres. Offering unrivaled visibility with direct I-40 frontage, this massive 48,186-square-foot facility comprises 104 guest rooms (including manager accommodations) and is primed for a complete repositioning, renovation, or full alternative-use redevelopment.

Flexible Acquisition Options

  • For Lease: Only $5,000 per month—an incredibly low-cost basis to secure a footprint of this magnitude on a major interstate.
  • For Sale: Open and subject to offers, providing a clean-slate opportunity for visionary buyers looking to capitalize on the booming Texas Panhandle market.

Property Highlights & On-Site Amenities

  • 104 Guest Rooms: Well-proportioned, two-story exterior-corridor configuration ideal for budget lodging, extended-stay models, or corporate housing.
  • Event & Banquet Space: Approximately 5,643 square feet of flexible meeting space, perfect for hosting weddings, conferences, or private events.
  • Food & Beverage Ready: Built-in, full-service restaurant area complete with a commercial kitchen, bar, and lounge area.
  • Abundant Parking: Features 160 dedicated on-site parking spaces, easily accommodating large buses, semi-trucks, and a high volume of guests.

Unmatched Location & Market Drivers

  • High-Visibility Frontage: Positioned directly on Interstate 40, capturing thousands of travelers, logistics fleets, and tourists daily.
  • Proximity to Key Attractions: Walking distance to the American Quarter Horse Association Hall of Fame and minutes from the Tri-State Exposition and downtown Amarillo.
  • Thriving Regional Hub: Amarillo serves as the economic core of the Texas Panhandle, fueled by robust logistics, manufacturing, healthcare, and tourism sectors.

The Potential

Though the building has been vacant for several years and requires extensive capital improvement, its underlying real estate value is unmatched. Investors can take advantage of this blank canvas to launch a branded franchise, convert the property into multi-family/workforce housing, or repurpose the acreage for a modern logistics and retail layout.

Located along East Interstate 40 in Amarillo, TX within Potter County, adjacent to major highway access.


Investment highlights

Flexible Acquisition Options

  • For Lease: Only $5,000 per month—an incredibly low-cost basis to secure a footprint of this magnitude on a major interstate.
  • For Sale: Open and subject to offers, providing a clean-slate opportunity for visionary buyers

Listing Contacts

DP
TX 822851
The Llano Real Estate
Listed by The Llano Real Estate

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Zoning

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GR CommercialRetail CommercialGeneral Retail
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Last updated Apr 13, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Deeter Prater
License
822851
Brokerage Phone
8063929912
Brokerage Address
7639 Hillside Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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