Warehouse with Taxiway
3601 Airway Boulevard Amarillo, TX 79118
New
For Sale
$1,865,000
COMMERCIAL - Amarillo, TX
Property Size10,947 SF
Price / SF$170.37
Days on Market1
Property Features for 3601 Airway Boulevard
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Garage
- Standard status
- Active
- APN
- 218048
- Size
- 10,947 SF
Taxes and HOA fees
- Tax Description
- SECT 153 A B & M BLK 0002, IMPROVEMENT ONLYTR BEG 3845.8FT W & 657FT SOF NE COR OF SECT
Utilities
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 2005
- Building materials
- Brick Veneer, Metal Fab
- Roof type
- Metal
Listing Agency:
Hagan Hudson Realty, LLC
(806) 236-3365
Listed By:
Hagan R Hudson · License #472766
(806) 236-3365
Added: Jul 23
Last Checked: Jul 23 at 9:06PM
MLS# 26-5921
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.
This warehouse property in Tradewinds Business Park includes a large warehouse area plus enclosed office space. Interior improvements are laid out to accommodate 8+ offices, a conference room, break room, reception area, and separate men’s and women’s restrooms, with additional areas framed for future expansion. The second floor and basement are framed, and the property also features a large overhang, an oversized garage door, abundant storage, and a private garage with two overhead doors.
The site provides taxiway frontage along the rear and south property lines, offering convenient access to the airport runway.
The building configuration supports both office build-out and expanded space in the framed second floor and basement while maintaining the functional loading and hangar-adjacent characteristics described in the listing materials.
The site provides taxiway frontage along the rear and south property lines, offering convenient access to the airport runway.
The building configuration supports both office build-out and expanded space in the framed second floor and basement while maintaining the functional loading and hangar-adjacent characteristics described in the listing materials.
Key Highlights
- Massive warehouse in Tradewinds Business Park built in 2005
- Taxiway frontage along the Rear and South property lines for convenient access to the airport runway
- Includes space envisioned for 8+ offices plus a conference room, break room, and reception area
Financial Insights For Warehouse
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 | $105.1k | $9.60 |
| − Vacancy | −$4.2k | −$0.38 |
| EGI | $100.9k | $9.22 |
| − OpEx | −$15.1k | −$1.38 |
| NOI | $85.8k | $7.83 |
10,947 SF · lease $9.60/SF/yr · vacancy 4.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.23M
$1.07M – $1.43M
NOI $85,754 @ 7.0% cap · market cap 4.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.44M
$2.14M – $2.85M
NOI $171,088 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Aviation real estate
Similar Off Market Nearby
- SecurCare Self Storage — 1500 SE 34th Ave, Amarillo, TX 79118
- Amarillo Vehicle Storage — 3710 Tradewind St, Amarillo, TX 79118
FAQs
What type of property is this?
Warehouse - Warehouse in Tradewinds Business Park with taxiway frontage and large overhead door access.
Where is this warehouse located?
The property is located at 3601 Airway Boulevard Amarillo, TX.
What is the asking price?
The asking price for this property is $1,865,000.
What are key features of this property?
This property features: Massive warehouse in Tradewinds Business Park built in 2005; Taxiway frontage along the Rear and South property lines for convenient access to the airport runway; Includes space envisioned for 8+ offices plus a conference room, break room, and reception area
