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Flex Space with Fenced Parking Area
New
For Sale
$599,995

1001 NE 5th Avenue, Amarillo, TX 79107

COMMERCIAL - Amarillo, TX

Days on Market5

Property Features for 1001 NE 5th Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description 0300 - NE Amarillo in City Limits
Directions Taking I-27 North toward downtown- follow I-27 and slight turn right onto Buchanan St. Turn right onto NE 3rd and take a Left on Arthur St, then a right onto NE 5th and property will be visible with a panhandle steel buildings sign.
Subdivision 0310 - Stockyards
Special listing conditions Auction
Standard status Active
APN 142138

Taxes and HOA fees

Tax Description J C HEATON SUB, N 1/2 OF TR 10 W OF E-WAY, 1.1600 ACRES
Legal Description J C HEATON SUB, N 1/2 OF TR 10 W OF E-WAY, 1.1600 ACRES

Building Details

Year built 1994
Listing Agency: Assiter Auctioneers
Listed By: Lila Monden
Added: Jul 27 Changed: Jul 30 Last Checked: Jul 31 at 2:06PM
MLS# 26-6031

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 flex space offers an office and warehouse combination with a fenced area designed for parking. The property includes fenced parking storage described as “half block,” with access points on the north and west sides.

Built in 1994, the building is listed for sale with auction terms. The auction will be held at Assiter Facility with live and online bidding on Tues, Sept 1st at 4:30PM. Open house dates are Aug 19th from 11AM–1PM and Aug 23rd from 2PM–4PM.

Access is set up to support vehicle movement into the fenced parking area from both the north and west, helping facilitate day-to-day operations that use office and warehouse space together.

Key Highlights

  • Office and warehouse combination within a flex space
  • Fenced parking area with access on the north and west
  • Fenced “half block” of parking storage

Property Analytics

Current Use

PSB Inc Construction Company Panhandle Steel Building ... Construction Company

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Skin Care Clinic Daycare Center (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

892
Businesses Nearby
Under-served
Demand for This Use

Demographics for 79107, TX

37,480
Population
12,346
Households
3
Avg Household Size
34
Median Age
6%
College-Educated
61%
High-School Grad
19.6 sq mi
ZIP Area
1,912
Density / Sq Mi
$39,474
Median Household Income
$28,084
Median Earnings
$1,016
Median Rent
$88,400
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Texas Backyard Bartenders Amarillo, TX 79107

Frequently Asked Questions

What type of property is this?
Flex space - Office and warehouse combination featuring a fenced parking area with access from the north and west.
Where is this flex space located?
The property is located at 1001 NE 5th Avenue Amarillo, TX.
What is the asking price?
The asking price for this property is $599,995.
What are key features of this property?
This property features: Office and warehouse combination within a flex space; Fenced parking area with access on the north and west; Fenced “half block” of parking storage
More about this property
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