Commercial Property in Southwest
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
(806) 359-4000
Listed by
Bobby Tyler
(806) 359-4000
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
NOI $119,363 @ 7.0% cap · market cap 4.77%
Second Best
Retail
$1.44M
$1.26M – $1.67M
NOI $100,483 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$2.32M
$2.03M – $2.71M
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
Similar For Sale Nearby
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.