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Turn-Key Convenience Store

1000 SW 10TH Avenue Amarillo, TX 79101

New
1000 SW 10TH Avenue, Amarillo, TX, 79101
$600,000
For Sale
Claim this Listing
$600,000

COMMERCIAL - Amarillo, TX

Property Size3,216 SF
Price / SF$186.57
AddedJul 13
Days on Market3
Last RefreshJul 15 at 2:06 am

Property Features for 1000 SW 10TH Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Standard status
Active
APN
212665
Size
3,216 SF

Taxes and HOA fees

Tax Description
MADDEN ADDN, LOT 010, BLK 0003

Building Details

Year built
1957

Listing agent Brittaney Bailey

Listing office Our Texas Real Estate 350 Aspen Dr, Perryron, TX

Listing date Jul 13, 2026

MLS# 25-9329

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 centrally located convenience store at 1000 SW 10TH Avenue in Amarillo, Texas is offered as a turn-key, stocked operation. The property has been recently remodeled and is presented with an efficient layout and updated finishes intended for immediate use.

The store is positioned on a high-traffic corridor within Amarillo’s Plemons area, supporting day-to-day retail convenience needs.

A buyer can acquire the property ready to operate, with the interior updates and stocked condition described as prepared for ongoing business use.

Key Highlights

  • Turn‑key, cash‑flowing convenience store opportunity.
  • Centrally located in Amarillo's Plemons area.
  • High‑traffic corridor with strong neighborhood demand.

Local Financial Insights For Specialty Retail

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 $54.0k $16.80
− Vacancy −$3.2k −$1.01
EGI $50.8k $15.79
− OpEx −$12.7k −$3.95
NOI $38.1k $11.84
3,216 SF · lease $16.80/SF/yr · vacancy 6.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$544.1K
$476.1K – $634.8K (±1% cap)
NOI $38,090 @ 7.0% cap · market cap 6.35%
Second Best
Retail
$443.8K
$388.3K – $517.8K (±1% cap)
NOI $31,067 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$718.0K
$628.3K – $837.7K (±1% cap)
NOI $50,262 @ 7.0% cap · market cap 8.38%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

V & M Discount ... Grocery & Convenience Store V & M 10th ... Grocery & Convenience Store

Suggested Use

Dental Office Storage Facility Skin Care Clinic Grocery & Convenience Store Carpet & Flooring Store Grocery & Convenience Store Locksmith Nail Salon Catering Service (Bike/Boat/Book/etc) Store

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

Similar Off Market Nearby

  • Amarillo International Food Market — 1936 Civic Cir, Amarillo, TX 79109

FAQs

What type of property is this?
Grocery and convenience store - Recently remodeled convenience store offered stocked and ready for immediate operation at 1000 SW 10th Avenue.
Where is this grocery and convenience store located?
The property is located at 1000 SW 10TH Avenue Amarillo, TX.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Turn‑key, cash‑flowing convenience store opportunity.; Centrally located in Amarillo's Plemons area.; High‑traffic corridor with strong neighborhood demand.
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