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Industrial Warehouse with Interstate Frontage
For Sale
$1,299,480

18100 W Interstate 40, Amarillo, TX 79124

Fully improved warehouse and flex facility with loading docks, soaring ceilings, multiple restrooms, and direct I-40 exposure.

Property Size15,288 SF
Lot Size2.50 Acres
Price / SF$85
Days on Market99

Property Features for 18100 W Interstate 40

General Information

Standard status Active
Size 15,288 SF
Lot size 2.50 Acres
Property subtype Commercial

Additional Details

Highway Access Yes

Building Details

Year Built 2019
Listing Agency: Capitol Peak Realty
Listed By: Shelby Massey · License #0634719
Source: Shopamarillohomes
Added: Jul 20 Changed: Oct 25 Last Checked: Aug 22 at 7:10AM

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 Capitol Peak Realty

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Investment Insights

Based on property information with market context.

This fully improved multi-purpose warehouse and flex facility offers over 15,000 square feet of commercial space with soaring ceilings, professional lighting, multiple restrooms, and flexible open-concept interiors. Improvements include commercial-grade infrastructure, finished restrooms, track lighting, and loading access with loading docks. The site also includes expansive parking to support day-to-day operations.

The property is positioned directly along Interstate 40 just west of Amarillo, with direct interstate exposure and strong visibility. It is described as easily accessible from Amarillo, Canyon, Bushland, and surrounding communities, with ingress and egress designed to support regular traffic flow.

The building is described as originally designed as a destination retail and event venue, and it may be adaptable for a range of commercial and institutional uses based on the existing layout and infrastructure.

Key Highlights

  • Direct I‑40 frontage commercial property positioned west of Amarillo for high‑visibility access
  • Approximately 2.5‑acre site with over 15,000 SF of modern commercial space and flexible interior layouts
  • Loading docks and loading access included, supporting distribution, manufacturing, or light industrial use

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$109,707
Cap Rate
8.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,194,140 $2.2M
Cap Rate 7%
$1,567,243 $1.6M
Cap Rate 9%
$1,218,967 $1.2M
Market Conditions
NOI Build-Up for 15,288 SF
Gross rent
$183.5K $12.00/SF
− Vacancy
−$14.7K −$0.96/SF
EGI
$168.8K $11.04/SF
− OpEx
−$59.1K −$3.86/SF
NOI
$109.7K $7.18/SF
Area
Amarillo, TX
Vacancy
8.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,194,140
Cap Rate 7%
$1,567,243
Cap Rate 9%
$1,218,967

Alternative Uses

Best Use
Warehouse
$1.71M
$1.50M – $2.00M (±1% cap)
NOI $119,760 @ 7.0% cap · market cap 9.22%
Second Best
Flex RnD
$1.57M
$1.37M – $1.83M (±1% cap)
NOI $109,707 @ 7.0% cap · market cap 8.44%
Theoretical Best
Office A
$3.41M
$2.99M – $3.98M (±1% cap)
NOI $238,933 @ 7.0% cap · market cap 18.39%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Plumbing Service Electrical Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Grocery & Convenience Store Storage Facility

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
Highway access

Location Intelligence

Trade Area within ½ mile

16
Businesses Nearby
Well-served
Demand for This Use

Demographics for 79124, TX

11,585
Population
4,676
Households
2.5
Avg Household Size
45
Median Age
39%
College-Educated
94%
High-School Grad
181.2 sq mi
ZIP Area
64
Density / Sq Mi
$110,144
Median Household Income
$64,296
Median Earnings
$1,158
Median Rent
$325,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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

Frequently Asked Questions

What type of property is this?
Flex space - Fully improved warehouse and flex facility with loading docks, soaring ceilings, multiple restrooms, and direct I-40 exposure.
Where is this flex space located?
The property is located at 18100 W Interstate 40 Amarillo, TX.
What is the asking price?
The asking price for this property is $1,299,480.
What are key features of this property?
This property features: Direct I‑40 frontage commercial property positioned west of Amarillo for high‑visibility access; Approximately 2.5‑acre site with over 15,000 SF of modern commercial space and flexible interior layouts; Loading docks and loading access included, supporting distribution, manufacturing, or light industrial use
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