2508 E Interstate 40 - Hospitality FOR SALE


Amarillo, TX 79103
$3,500,000 USD
713-577-1600
2508 E Interstate 40, Amarillo, TX for Sale
$3,500,000 USD
Hospitality - FOR SALE
1/10
null | Request Cap Rate

2508 E Interstate 40
Amarillo, TX 79103


HIGHLIGHTS

  • Ideal for Travel Center, Truck Stop, or National Brand Fuel Operator
  • 66-Room Existing Structure Offering Interim Revenue or Redevelopment Flexibility
  • Direct Ramp Access to I-40 East & West

OVERVIEW

CBRE is pleased to present the exclusive opportunity to acquire a high-profile 5.02-acre redevelopment site strategically positioned on the north side of Interstate 40 in Amarillo, Texas. Currently improved with a 66- room hospitality structure, the property offers immediate access to both eastbound and westbound traffic, making it an ideal location for a next-generation travel center or truck stop development. Boasting frontage along I-40 with daily traffic counts exceeding 50,000 vehicles and an additional 17,000 vehicles per day along the access road, the site offers superior visibility, heavy traffic flow, and excellent access via multiple entry and exit points. The property’s strategic interstate location, size, and infrastructure make it uniquely positioned for redevelopment as a flagship travel center in the Texas Panhandle, bridging east-west commerce along one of the nation’s busiest trucking corridors.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$43 USD /SF

# OF ROOMS

66

PRICE/ROOM

$53,030 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Camelot Inn East

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1964

PARKING SPACES

146

LAND DETAILS

LAND ACRES

5.04 AC

LAND SF

219,542 SF

ZONING

LC

APN/PARCEL ID

R-044-4200-5055-0

ASK ABOUT THIS PROPERTY

Sai ThakorCBREMore Info
713-577-1600

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Sai ThakorCBREMore Info
713-577-1600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.