Industrial Distribution Facility with
For Sale
Contact for pricing
14501 Interstate 27, Amarillo, TX 79119
Modern distribution and warehouse layout with office space and multiple loading doors for efficient day-to-day operations.
Property Size78,172 SF
Price / SF$70.36
Days on Market56
Property Features for 14501 Interstate 27
General Information
Standard status
Active
Size
78,172 SF
Class
A
Property subtype
Retail, Industrial
Lease Type
NNN
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Dock-High Doors
4
Drive-In Doors
10
Building Details
Year Built
1998
Listing Agency:
Coldwell Banker Commercial First Equity
(806) 468-4899
Listed By:
Jared Duncan · License #TX
Source:
Crexi
Added: Jun 18
Changed: Aug 8
Last Checked: Aug 10 at 5:04AM
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 premier industrial facility totals 78,172 square feet and includes a main building of 73,972 square feet with 5,000 square feet of office space and the remaining heated warehouse area. A further 4,200 square feet of ground-level warehouse space rounds out the distribution footprint. The property is built for practical throughput, offering four dock-height doors and ten grade-level doors.
Located on I-27 frontage in south Amarillo, the facility provides direct interstate access with excellent visibility and convenient connectivity to Amarillo, Canyon, and regional Texas Panhandle markets.
Designed for warehouse, distribution, logistics, or service-oriented operations, the combination of heated warehouse space, additional ground-level area, and robust loading capabilities can support a range of industrial users seeking a functional, access-forward facility. The included office space supports administrative needs alongside warehouse operations.
Located on I-27 frontage in south Amarillo, the facility provides direct interstate access with excellent visibility and convenient connectivity to Amarillo, Canyon, and regional Texas Panhandle markets.
Designed for warehouse, distribution, logistics, or service-oriented operations, the combination of heated warehouse space, additional ground-level area, and robust loading capabilities can support a range of industrial users seeking a functional, access-forward facility. The included office space supports administrative needs alongside warehouse operations.
Key Highlights
- Total facility size: 78,172 SF, including a 73,972 SF main building
- Main building includes 5,000 SF office space plus heated warehouse space
- Loading features include 4 dock height doors and 10 grade level doors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$470,322
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.55%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$9,406,440
$9.4M
Cap Rate 7%
$6,718,886
$6.7M
Cap Rate 9%
$5,225,800
$5.2M
Market Conditions
NOI Build-Up for 78,172 SF
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.
Gross rent
$703.5K $9.00/SF
− Vacancy
−$31.7K −$0.41/SF
EGI
$671.9K $8.59/SF
− OpEx
−$201.6K −$2.58/SF
NOI
$470.3K $6.02/SF
Area
Amarillo, TX
Vacancy
4.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$9,406,440
Cap Rate 7%
$6,718,886
Cap Rate 9%
$5,225,800
Alternative Uses
Best Use
Warehouse
$8.75M
$7.65M – $10.21M
NOI $612,368 @ 7.0% cap · market cap 11.13%
Second Best
Industrial
$6.72M
$5.88M – $7.84M
NOI $470,322 @ 7.0% cap · market cap 8.55%
Theoretical Best
Office A
$17.45M
$15.27M – $20.36M
NOI $1,221,735 @ 7.0% cap · market cap 22.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Dock-high doors
10
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
177
Businesses Nearby
Under-served
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Modern distribution and warehouse layout with office space and multiple loading doors for efficient day-to-day operations.
Where is this warehouse located?
The property is located at 14501 Interstate 27 Amarillo, TX.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Total facility size: 78,172 SF, including a 73,972 SF main building; Main building includes 5,000 SF office space plus heated warehouse space; Loading features include 4 dock height doors and 10 grade level doors
