New Flex Space with Overhead
13150 S Coulter Street, Amarillo, TX 79119
For Sale
$925,000
Newly built facility combines finished office areas with warehouse space, overhead doors, and exterior areas for parking and staging.
Property Size4,500 SF
Price / SF$205.56
Days on Market94
Property Features for 13150 S Coulter Street
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Road Access
Outdoor Storage
Amenities
conference room
break area
Building Details
Year Built
Listing Agency:
Keller Williams Realty Amarillo
Listed By:
Bobby Tyler · License #690582
(806) 676-7709
Source:
Shopamarillohomes
Added: Aug 8
Changed: Oct 31
Last Checked: Aug 22 at 3:36AM
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
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Investment Insights
Based on property information with market context.
Completed in 2024, this flex facility combines a finished office component with warehouse space. The office layout includes a reception area, two private offices, a conference room, break area, and restroom. Industrial-style finishes are incorporated throughout the office area, while the warehouse has a separate restroom and three overhead doors measuring 14' x 12' with automatic openers. Sidewall heights range from 15 to 17 feet.
The property is located at 13150 S Coulter Street in Amarillo, with frontage along Coulter Street and Jackelope. Access is available to I-27 and FM 2590. A concrete parking area serves the building, and asphalt side yards provide space for storage, circulation, or equipment staging.
The property is located at 13150 S Coulter Street in Amarillo, with frontage along Coulter Street and Jackelope. Access is available to I-27 and FM 2590. A concrete parking area serves the building, and asphalt side yards provide space for storage, circulation, or equipment staging.
Key Highlights
- 2024 construction with office and warehouse components
- Three 14' x 12' overhead doors with automatic openers
- Warehouse sidewall heights range from 15 to 17 feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,638
Cap Rate
5.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,032,760
$1.0M
Cap Rate 7%
$737,686
$737.7K
Cap Rate 9%
$573,756
$573.8K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$81.0K $18.00/SF
− Vacancy
−$12.2K −$2.70/SF
EGI
$68.9K $15.30/SF
− OpEx
−$17.2K −$3.82/SF
NOI
$51.6K $11.48/SF
Area
Amarillo, TX
Vacancy
15.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,032,760
Cap Rate 7%
$737,686
Cap Rate 9%
$573,756
Alternative Uses
Best Use
Office B
$737.7K
$645.5K – $860.6K
NOI $51,638 @ 7.0% cap · market cap 5.58%
Second Best
Warehouse
$503.6K
$440.6K – $587.5K
NOI $35,251 @ 7.0% cap · market cap 3.81%
Theoretical Best
Office A
$1.00M
$879.1K – $1.17M
NOI $70,330 @ 7.0% cap · market cap 7.60%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
132
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 79119, TX
21,147
Population
9,839
Households
2.1
Avg Household Size
37
Median Age
44%
College-Educated
97%
High-School Grad
99.5 sq mi
ZIP Area
213
Density / Sq Mi
$100,546
Median Household Income
$63,728
Median Earnings
$1,217
Median Rent
$335,700
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Amarillo, TX
Properties on Market for Flex space in Amarillo
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Newly built facility combines finished office areas with warehouse space, overhead doors, and exterior areas for parking and staging.
Where is this flex space located?
The property is located at 13150 S Coulter Street Amarillo, TX.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 2024 construction with office and warehouse components; Three 14' x 12' overhead doors with automatic openers; Warehouse sidewall heights range from 15 to 17 feet
