Clear-Span Warehouse with
3101 E FM 1151 Amarillo, TX 79118
3101 E FM 1151, Amarillo, TX, 79118
$695,000
For Sale
$695,000
COMMERCIAL - Amarillo, TX
Property Size1,960 SF
Lot Size1.87 Acres
Price / SF$354.59
Days on Market30
Property Features for 3101 E FM 1151
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 217223
- Size
- 1,960 SF
- Lot size
- 1.87 Acres
Taxes and HOA fees
- Tax Description
- SOUTHLAND ACRES # 5 LOTBLOCK 0003 TRACT 9A
Building Details
- Year built
- 1998
Listing Agency
Gaut Whittenburg Emerson Commercial Real Estate, LLC
(806) 373-3111
600 S Tyler, Suite 101, Amarillo, TX
Listed by
Miles Bonifield · License #0594133
(806) 373-3111
Added: Jun 22 Checked: Jul 21 at 3:06 am
MLS# 25-7286
Copyright © 2026 Amarillo Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property is a clear-span warehouse facility with an attached front office and multiple warehouse structures on a fenced, gated site. The front office includes a large workroom, sink, bathroom with shower, and mini-split climate control. A smaller warehouse bay is equipped with a mini-split, an 8' H x 16' W overhead door, and a gas heater. The main warehouse measures 80' x 80' with 16' sidewalls and an 18' middle peak, providing clear-span interior space. Air lines are in place, and water and power are available at multiple locations. The main warehouse also includes a heater, a vehicle lift, and a large floor drain, plus five overhead doors with automatic openers (two 14' wide and three 16' wide). A separate 648-square-foot storage warehouse is also on site.
The facility is located southeast of Amarillo on Claude Highway (FM 1151), just west of Tanglewood Road, and sits on a 1.87-acre lot with pipe fencing and a gated entry.
With its combination of office space, clear-span warehouse interior, multiple overhead doors, and vehicle lift plus floor drain, the property can support a range of warehouse and light industrial uses where centralized operations and equipment-handling capacity matter. The additional storage warehouse provides further room for overflow inventory or supplies while keeping the primary work area organized.
The facility is located southeast of Amarillo on Claude Highway (FM 1151), just west of Tanglewood Road, and sits on a 1.87-acre lot with pipe fencing and a gated entry.
With its combination of office space, clear-span warehouse interior, multiple overhead doors, and vehicle lift plus floor drain, the property can support a range of warehouse and light industrial uses where centralized operations and equipment-handling capacity matter. The additional storage warehouse provides further room for overflow inventory or supplies while keeping the primary work area organized.
Key Highlights
- Large 80' x 80' clear span main warehouse with 16' sidewalls and 18' middle peak.
- Boasts five overhead doors (two 14' wide, three 16' wide), all 14' high with automatic openers.
- Located on a 1.87‑acre lot with pipe fence and gated entry.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.3k | $18.00 |
| − Vacancy | −$5.3k | −$2.70 |
| EGI | $30.0k | $15.30 |
| − OpEx | −$7.5k | −$3.82 |
| NOI | $22.5k | $11.48 |
1,960 SF · lease $18.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$321.3K
$281.1K – $374.9K
NOI $22,491 @ 7.0% cap · market cap 3.24%
Second Best
Warehouse
$219.3K
$191.9K – $255.9K
NOI $15,354 @ 7.0% cap · market cap 2.21%
Theoretical Best
Office A
$437.6K
$382.9K – $510.5K
NOI $30,632 @ 7.0% cap · market cap 4.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
Similar Off Market Nearby
- Country & Town Storage — 3380 E Farm to Market Rd 1151, Amarillo, TX 79118
- Country and Town Storage — 3416 e farm to market rd 1151, amarillo, tx 79118
- Rv And Boat Storage — Texas 79118
- Stuff N Store Amarillo — 3216 E Farm to Market Rd 1151, Amarillo, TX 79118
FAQs
What type of property is this?
Warehouse - Clear-span industrial building with front office, multiple overhead doors, and vehicle lift for practical light industrial storage and operations.
Where is this warehouse located?
The property is located at 3101 E FM 1151 Amarillo, TX.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Large 80' x 80' clear span main warehouse with 16' sidewalls and 18' middle peak.; Boasts five overhead doors (two 14' wide, three 16' wide), all 14' high with automatic openers.; Located on a 1.87‑acre lot with pipe fence and gated entry.
