*OFF MARKET* Former ABV (Vacant)

1620 East Interstate 40, Amarillo , TX, 79102

$1,500,000
Price
2
Stories
Economy
Class
33,968
Building SF
104
Total Rooms
 
 
$1,500,000
Price
2
Stories
Economy
Class
33,968
Building SF
104
Total Rooms
 
 

Investment Highlights

  • Rebranding Opportunity - Red Roof Branding Approved with PIP.
  • Vacant Independent hotel with strong value-add upside.
  • Compset currently generates revenues between $1 million and $1.5 million. This is prior to the expansion and the surge in demand from the data centers.
  • Property benefits from Light Commercial zoning, allowing redevelopment into multifamily or other commercial uses.
  • Located just off I-40 (Exit 71) and near Big Texan Steak Ranch, the Cadillac Ranch and other attractions.
  • Conveniently stationed 5 miles from Wonderland Amusement Park, 26 miles from Palo Duro Canyon State Park and 6 miles from Amarillo Botanical Gardens. This OYO is only 8 miles drive from Rick Husband Amarillo International Airport.

Hotel Location Summary

  • Located directly off Interstate 40, near Exit 71, the property benefits from excellent visibility and easy access for both eastbound and westbound travelers
  • The area lies within Amarillo—a key city in the Texas Panhandle with a metro population around 200,000. It serves as a regional hub for manufacturing, meatpacking, and tourism.
  • Close to major venues such as the Amarillo Convention Center, Tri-State Fairgrounds, and the Cowboy Hall of Fame Museum.

Amarillo's Tech Scene & Upcoming Data Centers

  • Amarillo, TX's tech scene surged in May 2025 with a $38M Edge Data Center upgrade impacting 52 school districts, a $4.5B AI data center expansion in Dickens County, and over $3M for workforce and industry growth. The region expects 1,500–2,000 new jobs, reinforcing its fast-growing digital economy.
  • Fermi America is planning to invest nearly $300 billion to develop an 18 million square foot data center. It will be powered by four nuclear reactors along with solar, natural gas, and wind energy. While the project is still in the planning phase, groundbreaking for the natural gas generators is scheduled for August.
  • Crusoe, the developer of the Abilene data center, is also planning to build a similarly sized facility in Claude, Texas. Claude is located just outside Amarillo. This project is expected to bring in a workforce similar to or even larger than the one in Abilene (around 3-5k workers onsite). It will likely last around 3 to 4 years.

Amarillo Location Highlights

  • #2 Fastest- Growing Economy in the US
  • #4 2022 Best Business Climate
  • #13 Most Affordable Cities in America
  • Top 10 Best Cities to Live and Work
  • Top 10 Best Place to Start a Business
FOR MORE DETAILS CONTACT
Sheil Stampwala
Managing Director
(714) 242-8291
sheil@tshoteladvisors.com
CA 01859094