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Commercial Property in Southwest Amarillo

6103 S COULTER Street Amarillo, TX 79119

6103 S COULTER Street, Amarillo, TX, 79119
$2,500,000
For Sale
$2,500,000

COMMERCIAL - Amarillo, TX

Property Size10,402 SF
Lot Size1.17 Acres
Price / SF$240.34
Days on Market91

Property Features for 6103 S COULTER Street

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
218109
Size
10,402 SF
Lot size
1.17 Acres

Taxes and HOA fees

Tax Description
SOUTH PARK # 2, BLK 0022, S PTN OF 13 BEG AT SW COR OF LOT 13, 1.1700 ACRES

Utilities

Cooling system
Electric

Building Details

Year built
2015
Roof type
Metal
Listing agency Keller Williams Realty Amarillo
Listed by Bobby Tyler
Added: Apr 23 Checked: Jul 22 at 5:06PM
MLS# 26-1925

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 commercial property, constructed in 2015, comprises two buildings, each containing four commercial spaces, totaling eight units. Each space is independently metered for water and electricity. The property is situated in the Southwest area of Amarillo, benefiting from a traffic count exceeding 13,000 vehicles per day. The property is located on 1.17 acres and has a total area of 10,402 square feet. This location offers visibility and accessibility for retail, office, or service-based businesses.

Key Highlights

  • Strategically located in rapidly expanding Southwest Amarillo with high visibility.
  • High traffic count exceeding 13,000 vehicles per day.
  • Built in 2015, featuring two buildings with a total of 8 commercial spaces.

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 $187.2k $18.00
− Vacancy −$28.1k −$2.70
EGI $159.2k $15.30
− OpEx −$39.8k −$3.82
NOI $119.4k $11.48
10,402 SF · lease $18.00/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.71M
$1.49M – $1.99M (±1% cap)
NOI $119,363 @ 7.0% cap · market cap 4.77%
Second Best
Retail
$1.44M
$1.26M – $1.67M (±1% cap)
NOI $100,483 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$2.32M
$2.03M – $2.71M (±1% cap)
NOI $162,571 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

The Stretching Place Gym & Fitness Center Amarillo Roofs Roofing Company Zen Nails & Spa Nail Salon

Suggested Use

Law Firm Real Estate Agency Dental Office HVAC Service Building Supply Barber Shop Grocery & Convenience Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Two-building commercial property with eight units in growing Amarillo area.
Where is this retail space located?
The property is located at 6103 S COULTER Street Amarillo, TX.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Strategically located in rapidly expanding Southwest Amarillo with high visibility.; High traffic count exceeding 13,000 vehicles per day.; Built in 2015, featuring two buildings with a total of 8 commercial spaces.
Contact an agent
More about this property
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