Search
Flex Space with Pull-Through Access
New
For Lease
$3,200/Mo

1502 S Lipscomb Street, Amarillo, TX 79102

Commercial Lease, Amarillo, TX

Space SizeContact for details
Days on Market1

Property Features for 1502 S Lipscomb Street

General Information

Property type Commercial Lease
Property subtype Office
Parking 5
Directions From Georgia head East on 15th towards Washington. Turn right on Lipscomb and building will be on the right hand side.
Subdivision 0101 - Bivins
Standard status Active
APN 214583

Amenities

conference room
kitchen / break area
Listing Agency: Gaut Whittenburg Emerson Commercial Real Estate, LLC
Listed By: Meagan Brown · License #800118
Added: Nov 2 Last Checked: Nov 2 at 10:06PM
MLS# 26-8621

Copyright © 2026 Amarillo Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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 freestanding flex property pairs an office at the front with warehouse and storage space behind it. The office includes reception, private offices, a conference room, a kitchen and break area, storage, and two restrooms. Recent property improvements include a newer roof, updated HVAC systems, LED lighting, and gutters.

The warehouse offers pull-through access through two 8-foot overhead doors, along with three-phase electrical service and compressed air lines. A fenced side yard adds outdoor space. The property is just off I-40 and is described as centrally located near downtown and major supply vendors.

Key Highlights

  • Front office and rear warehouse/storage configuration
  • Office includes reception, private offices, conference room, kitchen/break area, storage, and two restrooms
  • Warehouse has two 8‑foot overhead doors and pull‑through access

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

C & E Mechanical General Contractor Verity Mechanical HVAC Service Lowrance Construction Group Construction Company

Suggested Use

Top Pick Grocery & Convenience Store Catering Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Tanning Salon Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard
Yes
Highway access
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

929
Businesses Nearby
Under-served
Demand for This Use

Demographics for 79102, TX

9,252
Population
4,695
Households
2
Avg Household Size
35
Median Age
20%
College-Educated
78%
High-School Grad
2.7 sq mi
ZIP Area
3,427
Density / Sq Mi
$48,551
Median Household Income
$34,911
Median Earnings
$891
Median Rent
$146,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Amarillo, TX

$14.11 /SF/Yr
Avg Asking Price
$12–$15.29 /SF/Yr
Price Range
6,844 SF
Avg Space Size

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Best Amarillo Catering — 2400 sw 7th ave #251, amarillo, tx 79106

Frequently Asked Questions

What type of property is this?
Flex space - A front office and rear warehouse provide distinct areas for administration, storage, and commercial operations.
Where is this flex space located?
The property is located at 1502 S Lipscomb Street Amarillo, TX.
What is the lease rate?
The lease rate is $3,200/Mo.
What are key features of this property?
This property features: Front office and rear warehouse/storage configuration; Office includes reception, private offices, conference room, kitchen/break area, storage, and two restrooms; Warehouse has two 8‑foot overhead doors and pull‑through access
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved