Warehouse with Concrete
For Sale
$724,900
2501 Trammel Avenue, Amarillo, TX 79118
COMMERCIAL - Amarillo, TX
Property Size4,800 SF
Lot Size6.02 Acres
Price / SF$317.94
Days on Market97
Property Features for 2501 Trammel Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
4000 - SE of Amarillo City Limits
Parking features
Garage, Covered
Directions
From loop 335 head South on Hollywood Road. You will pass Sundown Lane, and right after the railroad tracks there is the NW Corner of the property on Trammel Avenue. There is a gate on Trammel and on S Georgia. The main Entrance is on S Georgia.
Subdivision
4999 - All Others Not Identified
Standard status
Active
APN
150108
Size
2,280 SF
Lot size
6.02 Acres
Taxes and HOA fees
Tax Description
SECT 180 A B & M BLK 0002, 419FT N X 630FT E BEG 2190FT N & 45.8FT E OF SW COR OF SECT LESS ROW, 6.0200 ACRES MANUFACTUR
Legal Description
SECT 180 A B & M BLK 0002, 419FT N X 630FT E BEG 2190FT N & 45.8FT E OF SW COR OF SECT LESS ROW, 6.0200 ACRES MANUFACTUR
Utilities
Cooling system
Central Air
Building Details
Year built
2005
Flooring type
Carpet
Roof type
Metal
Listing Agency:
Palo Duro Real Estate
(806) 476-0583
Listed By:
Annie Miller
(806) 476-0583
Added: Apr 30
Changed: Jul 31
Last Checked: Aug 4 at 3:06AM
MLS# 26-936
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.
Investment Insights
Based on property information with market context.
Warehouse-style property designed for business use with live/work flexibility, offering a shop plus a residence on +/- 6.02 acres. The shop features a concrete floor and measures 100 x 48, with two 14' overhead doors. Operational support includes a lift, chassis table, and forklift, with the equipment listed as negotiable with an acceptable offer.
The site is served by two wells feeding a pressure storage tank, along with multiple exterior water faucets and some pipe fencing with lean-to storage. The property is fully electric, with gas run to the NE corner, and both the home and shop have metal roofing. Non-original HVAC is noted as in good shape. A concrete semicircle drive serves the residence, with covered parking and a garage.
Access is described from S Georgia (paved) and Trammel (caliche). Location convenience is noted at approximately 12 min to I-40, 16 min to Canyon, and 30 min to Claude.
The site is served by two wells feeding a pressure storage tank, along with multiple exterior water faucets and some pipe fencing with lean-to storage. The property is fully electric, with gas run to the NE corner, and both the home and shop have metal roofing. Non-original HVAC is noted as in good shape. A concrete semicircle drive serves the residence, with covered parking and a garage.
Access is described from S Georgia (paved) and Trammel (caliche). Location convenience is noted at approximately 12 min to I-40, 16 min to Canyon, and 30 min to Claude.
Key Highlights
- +/- 6.02 acres with warehouse‑style shop and residence
- 100 x 48 concrete‑floor shop with two 14' overhead doors
- Equipment included: lift, chassis table, and forklift (negotiable with acceptable offer)
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.0k | $18.00 |
| − Vacancy | −$6.2k | −$2.70 |
| EGI | $34.9k | $15.30 |
| − OpEx | −$8.7k | −$3.82 |
| NOI | $26.2k | $11.48 |
2,280 SF · lease $18.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$373.8K
$327.0K – $436.1K
NOI $26,163 @ 7.0% cap · market cap 3.61%
Second Best
Mixed Use
$351.8K
$307.8K – $410.4K
NOI $24,624 @ 7.0% cap · market cap 3.40%
Theoretical Best
Office A
$509.1K
$445.4K – $593.9K
NOI $35,634 @ 7.0% cap · market cap 4.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Well-served
Demand for This Use
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
Market
Properties on Market for Warehouses in Amarillo
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial workspace with a concrete-floor shop, overhead doors, and utilities on a mixed industrial-residential parcel.
Where is this warehouse located?
The property is located at 2501 Trammel Avenue Amarillo, TX.
What is the asking price?
The asking price for this property is $724,900.
What are key features of this property?
This property features: +/- 6.02 acres with warehouse‑style shop and residence; 100 x 48 concrete‑floor shop with two 14' overhead doors; Equipment included: lift, chassis table, and forklift (negotiable with acceptable offer)
