Warehouse with Taxiway
For Sale
$1,865,000
3601 Airway Boulevard, Amarillo, TX 79118
COMMERCIAL - Amarillo, TX
Property Size10,947 SF
Price / SF$170.37
Days on Market10
Property Features for 3601 Airway Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
0400 - SE Amarillo in City Limits
Parking features
Garage
Directions
From 34th Turn South on Airway Blvd down to 3601 Airway Blvd.
Subdivision
0413 - Tradewinds
Standard status
Active
APN
218048
Size
10,947 SF
Taxes and HOA fees
Tax Description
SECT 153 A B & M BLK 0002, IMPROVEMENT ONLYTR BEG 3845.8FT W & 657FT SOF NE COR OF SECT
Legal Description
SECT 153 A B & M BLK 0002, IMPROVEMENT ONLYTR BEG 3845.8FT W & 657FT SOF NE COR OF SECT
Utilities
Cooling system
Electric, Central Air
Building Details
Year built
2005
Building materials
Brick Veneer, Metal Fab
Roof type
Metal
Listing Agency:
Hagan Hudson Realty, LLC
(806) 236-3365
Listed By:
Hagan R Hudson · License #472766
(806) 236-3365
Added: Jul 23
Changed: Jul 30
Last Checked: Aug 1 at 5:06PM
MLS# 26-5921
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 warehouse at Tradewinds Business Park offers substantial enclosed space and airport-oriented functionality, including taxiway frontage along the Rear and South property lines for convenient access toward the runway. The layout includes room for 8+ offices, a conference room, break room, reception area, and separate men’s and women’s restrooms, all ready to be finished to meet operating needs. The second floor and basement are framed for future expansion.
The warehouse is supported by a large overhang, an oversized garage door, and abundant storage. A private garage includes two overhead doors, adding flexibility for vehicle or aircraft-related use. Construction materials include brick veneer and metal fab with a metal roof, and the building is served by electric central air conditioning.
Built in 2005, the property is positioned for potential conversion to an aircraft hangar, depending on the buyer’s intended use and required approvals.
The warehouse is supported by a large overhang, an oversized garage door, and abundant storage. A private garage includes two overhead doors, adding flexibility for vehicle or aircraft-related use. Construction materials include brick veneer and metal fab with a metal roof, and the building is served by electric central air conditioning.
Built in 2005, the property is positioned for potential conversion to an aircraft hangar, depending on the buyer’s intended use and required approvals.
Key Highlights
- Taxiway frontage along Rear and South property lines near the runway
- Room for 8+ offices plus conference, break, reception, and separate men’s and women’s restrooms
- Second floor and basement framed for future expansion
Financial Insights For Warehouse
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 | $105.1k | $9.60 |
| − Vacancy | −$4.2k | −$0.38 |
| EGI | $100.9k | $9.22 |
| − OpEx | −$15.1k | −$1.38 |
| NOI | $85.8k | $7.83 |
10,947 SF · lease $9.60/SF/yr · vacancy 4.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.23M
$1.07M – $1.43M
NOI $85,754 @ 7.0% cap · market cap 4.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.44M
$2.14M – $2.85M
NOI $171,088 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Drive-in doors
Location Intelligence
Trade Area within ½ mile
194
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 79118, TX
27,608
Population
11,116
Households
2.5
Avg Household Size
35
Median Age
25%
College-Educated
92%
High-School Grad
159.4 sq mi
ZIP Area
173
Density / Sq Mi
$87,011
Median Household Income
$44,141
Median Earnings
$1,328
Median Rent
$224,000
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- SecurCare Self Storage — 1500 SE 34th Ave, Amarillo, TX 79118
- Amarillo Vehicle Storage — 3710 Tradewind St, Amarillo, TX 79118
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse in Tradewinds Business Park with taxiway frontage and features framed second floor and basement for expansion.
Where is this warehouse located?
The property is located at 3601 Airway Boulevard Amarillo, TX.
What is the asking price?
The asking price for this property is $1,865,000.
What are key features of this property?
This property features: Taxiway frontage along Rear and South property lines near the runway; Room for 8+ offices plus conference, break, reception, and separate men’s and women’s restrooms; Second floor and basement framed for future expansion
