Multi-Use Retail and Showroom
10300 W Interstate Hwy 40 Amarillo, TX 79124
10300 W Interstate Hwy 40, Amarillo, TX, 79124
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For Sale
Contact for pricing
Multi-use retail/showroom facility with heated offices, dock and grade-level doors, and fenced outside storage.
Property Size50,790 SF
Price / SF$156.53
Days on Market1008
Property Features for 10300 W Interstate Hwy 40
General Information
- Standard status
- Active
- Size
- 50,790 SF
- Property subtype
- Retail, Industrial, Mixed Use
Building Details
- Year Built
- 2004
Listing agency
Gaut Whittenburg Emerson CRE
(806) 373-3111
Listed by
Ben Whittenburg · License #TX SA664767000
Source
Crexi
Added: Oct 18, 2023 Updated: Jul 19 at 8:53PM Checked: Jul 16 at 10:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gaut Whittenburg Emerson CRE
Investment Insights
Based on property information with market context.
This multi-use retail building is currently operating as Camping World Amarillo and is structured to support a range of business uses. The property includes showroom and office areas that are 100% heated and cooled with roof-mounted HVAC units, with forced air heating in the storage area. Deliveries are accommodated through two dock doors and two grade level doors. Construction is solid, featuring concrete tilt wall with brick and steel framing.
The site is on well and septic and includes a large water holding tank for an overhead fire suppression system. Outside, the property offers ample parking, a fenced outside storage area, and security lighting with security cameras throughout.
The facility is built on 6.46 acres and is positioned for access and visibility off the new Loop 335 in a fast-developing area described as having good traffic counts.
The site is on well and septic and includes a large water holding tank for an overhead fire suppression system. Outside, the property offers ample parking, a fenced outside storage area, and security lighting with security cameras throughout.
The facility is built on 6.46 acres and is positioned for access and visibility off the new Loop 335 in a fast-developing area described as having good traffic counts.
Key Highlights
- 50,790 SF multi‑use retail/showroom building on 6.46 acres
- Year built 2004 construction with concrete tilt wall, brick exterior, and steel framing
- 100% heated and cooled showroom and office areas; forced air heating in storage
Local Financial Insights For 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 | $761.9k | $15.00 |
| − Vacancy | −$60.9k | −$1.20 |
| EGI | $700.9k | $13.80 |
| − OpEx | −$210.3k | −$4.14 |
| NOI | $490.6k | $9.66 |
50,790 SF · lease $15.00/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$7.01M
$6.13M – $8.18M
NOI $490,631 @ 7.0% cap · market cap 6.17%
Second Best
Flex RnD
$5.21M
$4.56M – $6.07M
NOI $364,469 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$11.34M
$9.92M – $13.23M
NOI $793,787 @ 7.0% cap · market cap 9.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Multi-use retail/showroom facility with heated offices, dock and grade-level doors, and fenced outside storage.
Where is this flex space located?
The property is located at 10300 W Interstate Hwy 40 Amarillo, TX.
What is the asking price?
The asking price for this property is $7,950,000.
What are key features of this property?
This property features: 50,790 SF multi‑use retail/showroom building on 6.46 acres; Year built 2004 construction with concrete tilt wall, brick exterior, and steel framing; 100% heated and cooled showroom and office areas; forced air heating in storage
