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Canyon Drive Commercial Property

4001 Canyon Dr Amarillo, TX 79110

4001 Canyon Dr, Amarillo, TX, 79110
$499,000
For Sale
Claim this Listing
$499,000

Light commercial property with excellent access and visibility.

Property Size2,842 SF
Price / SF$175.58
AddedSep 10, 2025
Days on Market310
Last RefreshApr 9 at 9:00 pm

Property Features for 4001 Canyon Dr

General Information

Standard status
Active
Size
2,842 SF
Property subtype
Industrial

Building Details

Year Built
1957

Listing office Coldwell Banker Commercial First Equity

Listing date Sep 10, 2025

Source Cbcworldwide

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 Coldwell Banker Commercial First Equity


Investment Insights

Based on property information with market context.

This 0.66-acre light commercial property is strategically located with 275 feet of frontage on Canyon Drive, which has a traffic count of 55,556 cars per day. The 2,842 sq ft building includes four spacious bays—two with 10' overhead doors and two with 14' doors—ideal for automotive service, equipment repair, or light manufacturing. The front office features central heat and air with a fireplace, while the west shop area is heated, ensuring year-round operation. Ample yard space and flexible zoning make this a strong fit for a variety of industrial or automotive uses.

Key Highlights

  • High‑traffic location on Canyon Drive with 55,556 cars per day.
  • 275 feet of frontage on Canyon Drive providing excellent visibility.
  • Versatile 2,842 sq ft building with four spacious bays and overhead doors (10' and 14').

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 $42.6k $15.00
− Vacancy −$3.4k −$1.20
EGI $39.2k $13.80
− OpEx −$11.8k −$4.14
NOI $27.5k $9.66
2,842 SF · lease $15.00/SF/yr · vacancy 8.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$392.2K
$343.2K – $457.6K (±1% cap)
NOI $27,454 @ 7.0% cap · market cap 5.50%
Second Best
Industrial
$244.3K
$213.7K – $285.0K (±1% cap)
NOI $17,099 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$634.5K
$555.2K – $740.3K (±1% cap)
NOI $44,417 @ 7.0% cap · market cap 8.90%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Real Estate Agency Law Firm Hair Salon Gym & Fitness Center Skin Care Clinic HVAC Service Accounting Firm Grocery & Convenience Store Bakery Cafe & Coffee Shop

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

Similar Off Market Nearby

  • MDM Pro PDR — 7627 Canyon Dr, Amarillo, TX 79110
  • Cornelsen Automotive Repair Service — 7611 Canyon Expy, Amarillo, TX 79110
  • Hi-Tech Window Tinting — 7661 Canyon Expy A, Amarillo, TX 79110
  • Elite Window Tinting — 7661 Canyon Expy, Amarillo, TX 79110
  • Bombcity Xpress Autoglass — 6601 Arden Rd, Amarillo, TX 79109

FAQs

What type of property is this?
Auto shop - Light commercial property with excellent access and visibility.
Where is this auto shop located?
The property is located at 4001 Canyon Dr Amarillo, TX.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: High‑traffic location on Canyon Drive with 55,556 cars per day.; **275 feet of frontage on Canyon Drive providing excellent visibility.**; **Versatile 2,842 sq ft building with four spacious bays and overhead doors (10' and 14').**
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