Flex Space with Fenced
New
For Sale
$500,000
200 S TRAVIS, Amarillo, TX 79106
Commercial Sale, Amarillo, TX
Property Size2,928 SF
Price / SF$170.77
Days on Market2
Property Features for 200 S TRAVIS
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
0100 - NW Amarillo in City Limits
Directions
North on Georgia East on SW Third Ave North on Travis
Subdivision
0120 - North Heights
Standard status
Active
APN
300285
Size
2,928 SF
Taxes and HOA fees
Tax Description
ORIG TOWN OF AMA # 19, LOT 01A, BLK 0018, 0.5943 ACRES
Legal Description
ORIG TOWN OF AMA # 19, LOT 01A, BLK 0018, 0.5943 ACRES
Building Details
Year built
1985
Listing Agency:
West Texas Realty Group
Listed By:
Kory Samples
(806) 236-4495
Added: Oct 21
Last Checked: Oct 22 at 7:06PM
MLS# 26-8310
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.
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Investment Insights
Based on property information with market context.
Built in 1985, this 2,928-square-foot flex property combines office space with warehouse capacity. A loading dock and rolling garage door support the building’s shipping and receiving function, while a fully fenced outdoor yard provides space for equipment or vehicle storage.
Key Highlights
- 2,928 square feet of flex space
- Office and warehouse areas in one facility
- Loading dock and rolling garage door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,937
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,740
$458.7K
Cap Rate 7%
$327,671
$327.7K
Cap Rate 9%
$254,856
$254.9K
Market Conditions
NOI Build-Up for 2,928 SF
Gross rent
$28.1K $9.60/SF
− Vacancy
−$1.1K −$0.38/SF
EGI
$27.0K $9.22/SF
− OpEx
−$4.0K −$1.38/SF
NOI
$22.9K $7.83/SF
Area
Amarillo, TX
Vacancy
4.00%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,740
Cap Rate 7%
$327,671
Cap Rate 9%
$254,856
Alternative Uses
Best Use
Warehouse
$327.7K
$286.7K – $382.3K
NOI $22,937 @ 7.0% cap · market cap 4.59%
Second Best
Flex RnD
$300.2K
$262.6K – $350.2K
NOI $21,011 @ 7.0% cap · market cap 4.20%
Theoretical Best
Office A
$653.7K
$572.0K – $762.7K
NOI $45,761 @ 7.0% cap · market cap 9.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
751
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79106, TX
27,692
Population
13,385
Households
2.1
Avg Household Size
37
Median Age
24%
College-Educated
87%
High-School Grad
8.6 sq mi
ZIP Area
3,220
Density / Sq Mi
$54,407
Median Household Income
$36,061
Median Earnings
$995
Median Rent
$163,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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 - Office and warehouse areas are complemented by a loading dock, overhead door, and outdoor storage.
Where is this flex space located?
The property is located at 200 S TRAVIS Amarillo, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 2,928 square feet of flex space; Office and warehouse areas in one facility; Loading dock and rolling garage door
