Multi-Use Retail and Showroom
For Sale
Contact for pricing
10300 W Interstate Hwy 40, Amarillo, TX 79124
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 Market1100
Property Features for 10300 W Interstate Hwy 40
General Information
Standard status
Active
Size
50,790 SF
Property subtype
Retail
Zoning
Outside the City Limits
Lease Type
NNN
Building Details
Year Built
2004
Buildings
1
Stories
1
Listing Agency:
Gaut Whittenburg Emerson CRE
Listed By:
Ben Whittenburg · License #TX SA664767000
(806) 373-3111
Source:
Crexi
Added: Oct 18, 2023
Changed: Oct 10
Last Checked: Oct 20 at 7:11PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$490,631
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,812,620
$9.8M
Cap Rate 7%
$7,009,014
$7.0M
Cap Rate 9%
$5,451,456
$5.5M
Market Conditions
NOI Build-Up for 50,790 SF
Gross rent
$761.9K $15.00/SF
− Vacancy
−$60.9K −$1.20/SF
EGI
$700.9K $13.80/SF
− OpEx
−$210.3K −$4.14/SF
NOI
$490.6K $9.66/SF
Area
Amarillo, TX
Vacancy
8.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,812,620
Cap Rate 7%
$7,009,014
Cap Rate 9%
$5,451,456
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 authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79124, TX
11,585
Population
4,676
Households
2.5
Avg Household Size
45
Median Age
39%
College-Educated
94%
High-School Grad
181.2 sq mi
ZIP Area
64
Density / Sq Mi
$110,144
Median Household Income
$64,296
Median Earnings
$1,158
Median Rent
$325,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
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
