Amarillo Flex Space For
919 SW 8TH Avenue Amarillo, TX 79101
For Sale
$220,000
COMMERCIAL - Amarillo, TX
Property Size2,100 SF
Price / SF$104.76
Days on Market110
Property Features for 919 SW 8TH Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 216439
- Size
- 2,100 SF
Taxes and HOA fees
- Tax Description
- PLEMONS, BLK 0097, W 75FT EACH OF 9 & 10 & S PTN OF 8 PLUS IRREG STRIP IN SECT 187 AB&M ADJ THEREON
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1945
- Flooring type
- Tile
- Building materials
- Block
Listing Agency:
Pace Realty Group
(806) 672-9579
Listed By:
Jarec Pace · License #0652486
(806) 672-9579
Added: Apr 6
Changed: May 14
Last Checked: Jul 24 at 7:06PM
MLS# 26-2080
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 in Amarillo, Texas, offers flex space with a large, fully fenced lot enclosed by solid metal fencing. The 2,100 square foot property includes three private offices, a reception area, and a large shop. All spaces are equipped with both heating and air conditioning. The roof is fully insulated to reduce energy costs. The property also features three-phase electrical power.
Key Highlights
- Large, fully fenced lot with solid metal fencing.
- Large shop with full heat and air conditioning.
- 3 phase electrical power.
Financial Insights For Flex RnD
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 | $25.2k | $12.00 |
| − Vacancy | −$2.0k | −$0.96 |
| EGI | $23.2k | $11.04 |
| − OpEx | −$8.1k | −$3.86 |
| NOI | $15.1k | $7.18 |
2,100 SF · lease $12.00/SF/yr · vacancy 8.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$215.3K
$188.4K – $251.2K
NOI $15,070 @ 7.0% cap · market cap 6.85%
Second Best
Industrial
$180.5K
$157.9K – $210.6K
NOI $12,635 @ 7.0% cap · market cap 5.74%
Theoretical Best
Office A
$468.9K
$410.3K – $547.0K
NOI $32,820 @ 7.0% cap · market cap 14.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Flex space with large fenced lot and three-phase electrical.
Where is this flex space located?
The property is located at 919 SW 8TH Avenue Amarillo, TX.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Large, fully fenced lot with solid metal fencing.; Large shop with full heat and air conditioning.; 3 phase electrical power.
