Mixed-Use Property with
For Sale
$670,000
2108 Dakota Trail, Amarillo, TX 79118
Three separate structures combine residential space, garages, and a shop with office and electrical service.
Property Size2,000 SF
Lot Size3.87 Acres
Price / SF$335
Days on Market73
Property Features for 2108 Dakota Trail
General Information
Standard status
Active
Size
2,000 SF
Lot size
3.87 Acres
Property subtype
Commercial
Additional Details
Voltage
220 V
Building Details
Year Built
2014
Listing Agency:
Keller Williams Realty Amarillo
Listed By:
Erin Wilson · License #704418
(806) 359-4000
Source:
Shopamarillohomes
Added: Aug 4
Changed: Sep 6
Last Checked: Aug 30 at 8:12AM
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.
This mixed-use property at 2108 Dakota Trail includes two residential structures and a detached shop on approximately 3.87 acres. The primary residence offers three bedrooms, two bathrooms, a single-car garage, an RV garage, an open layout, custom cabinetry, 9-foot ceilings, surround sound, a safe room, a jetted tub, spray foam insulation, two water heaters, and handicap accessibility. A gym is also included.
The second residence provides two bedrooms, two bathrooms, a one-car garage, and a carport, along with a semi-open floor plan and private backyard. The 80-by-30-foot shop includes 220 electrical service, an office, and a half bathroom, providing additional enclosed workspace within the property’s three-structure configuration.
The second residence provides two bedrooms, two bathrooms, a one-car garage, and a carport, along with a semi-open floor plan and private backyard. The 80-by-30-foot shop includes 220 electrical service, an office, and a half bathroom, providing additional enclosed workspace within the property’s three-structure configuration.
Key Highlights
- Approximately 3.87 acres at 2108 Dakota Trail, Amarillo, TX 79118‑5154
- Primary residence with 3 bedrooms, 2 bathrooms, single‑car garage, and RV garage
- Second residence includes 2 bedrooms, 2 bathrooms, one‑car garage, and carport
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,600
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$432,000
$432.0K
Cap Rate 7%
$308,571
$308.6K
Cap Rate 9%
$240,000
$240.0K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$38.4K $19.20/SF
− Vacancy
−$3.8K −$1.92/SF
EGI
$34.6K $17.28/SF
− OpEx
−$13.0K −$6.48/SF
NOI
$21.6K $10.80/SF
Area
Amarillo, TX
Vacancy
10.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$432,000
Cap Rate 7%
$308,571
Cap Rate 9%
$240,000
Alternative Uses
Best Use
Mixed Use
$308.6K
$270.0K – $360.0K
NOI $21,600 @ 7.0% cap · market cap 3.22%
Second Best
Warehouse
$223.8K
$195.8K – $261.1K
NOI $15,667 @ 7.0% cap · market cap 2.34%
Theoretical Best
Office A
$446.5K
$390.7K – $521.0K
NOI $31,258 @ 7.0% cap · market cap 4.67%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
37
Businesses Nearby
Explore this area
Business Placement
Demographics for 79118, TX
27,608
Population
11,116
Households
2.5
Avg Household Size
35
Median Age
25%
College-Educated
92%
High-School Grad
159.4 sq mi
ZIP Area
173
Density / Sq Mi
$87,011
Median Household Income
$44,141
Median Earnings
$1,328
Median Rent
$224,000
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
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three separate structures combine residential space, garages, and a shop with office and electrical service.
Where is this mixed-use property located?
The property is located at 2108 Dakota Trail Amarillo, TX.
What is the asking price?
The asking price for this property is $670,000.
What are key features of this property?
This property features: Approximately 3.87 acres at 2108 Dakota Trail, Amarillo, TX 79118‑5154; Primary residence with 3 bedrooms, 2 bathrooms, single‑car garage, and RV garage; Second residence includes 2 bedrooms, 2 bathrooms, one‑car garage, and carport
