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Flex Warehouse with Yard Improvements

6636 Canyon Drive Amarillo, TX 79109

New
6636 Canyon Drive, Amarillo, TX, 79109
$725,000
For Sale
Claim this Listing
$725,000

Leased flex warehouse with updated office, multiple shops, and gated yard with concrete and loading dock.

Property Size2,800 SF
Price / SF$258.93
AddedJul 13
Days on Market4
Last RefreshJul 14 at 2:07 am

Property Features for 6636 Canyon Drive

General Information

Standard status
Active
Size
2,800 SF
Property subtype
Commercial

Building Details

Year Built
1993

Listing office Keller Williams Realty Amarillo

Listing date Jul 13, 2026

Source Shopamarillohomes

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 Keller Williams Realty Amarillo


Investment Insights

Based on property information with market context.

This leased flex warehouse property includes an updated office with central heat and air, with one lavatory located near the office. The facility also features a newer rear 6-bay shop surrounded by 15-foot concrete, along with a loading dock, newer electric gate, security system, and steel fencing. Additional improvements include a 150-by-60 rear shop, a 100-by-40 front quonset building, and a 60-by-40 middle shop.

The property offers easy access to I-27 and provides 130 feet of frontage on Canyon Drive, with two entries off Canyon Drive. It also includes advertising capability with one double-sided digital 10-by-20 billboard and one lighted 10-by-20 billboard.

Key Highlights

  • Leased flex warehouse built in 1993 with easy access to I‑27
  • 130 feet of frontage on Canyon Drive with 2 entries
  • Advertising capability includes a double‑sided digital 10x20 billboard and a lighted 10x20 billboard

Local Financial Insights For Warehouse

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 $26.9k $9.60
− Vacancy −$1.1k −$0.38
EGI $25.8k $9.22
− OpEx −$3.9k −$1.38
NOI $21.9k $7.83
2,800 SF · lease $9.60/SF/yr · vacancy 4.00% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$313.3K
$274.2K – $365.6K (±1% cap)
NOI $21,934 @ 7.0% cap · market cap 3.03%
Second Best
Flex RnD
$287.0K
$251.2K – $334.9K (±1% cap)
NOI $20,093 @ 7.0% cap · market cap 2.77%
Theoretical Best
Office A
$625.2K
$547.0K – $729.4K (±1% cap)
NOI $43,761 @ 7.0% cap · market cap 6.04%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Real Estate Agency Restaurant Dental Office Law Firm Pharmacy Big Box & Wholesale Store Building Supply Nail Salon Garden Center Auto Parts Store

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

Similar Off Market Nearby

  • Woodshed Bar-B-Que Catering — 2823 John Dr, Amarillo, TX 79110

FAQs

What type of property is this?
Flex space - Leased flex warehouse with updated office, multiple shops, and gated yard with concrete and loading dock.
Where is this flex space located?
The property is located at 6636 Canyon Drive Amarillo, TX.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Leased flex warehouse built in 1993 with easy access to I‑27; 130 feet of frontage on Canyon Drive with 2 entries; Advertising capability includes a double‑sided digital 10x20 billboard and a lighted 10x20 billboard
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