Customizable Flex
For Sale
$425,000
3801 BUSINESS PARK Unit 1300 Drive, Amarillo, TX 79110
Commercial Sale, Amarillo, TX
Property Size4,860 SF
Price / SF$87.45
Days on Market78
Property Features for 3801 BUSINESS PARK Unit 1300 Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
0400 - SE Amarillo in City Limits
Directions
I-27 and Western Business Park
Subdivision
0431 - Western Business Park
Standard status
Active
APN
310196
Taxes and HOA fees
Tax Description
SOUTH SIDE ACRES # 27 / PARADISE VILLAS CONDO, BLK 0002, CND UT 1700, PLUS 5.55% INT COMMON ELEM OF LOT 24A & 20B
Legal Description
SOUTH SIDE ACRES # 27 / PARADISE VILLAS CONDO, BLK 0002, CND UT 1700, PLUS 5.55% INT COMMON ELEM OF LOT 24A & 20B
Building Details
Building materials
Metal Fab
Roof type
Metal
Listing Agency:
Keller Williams Realty Amarillo
(806) 359-4000
Listed By:
Bobby Tyler · License #690582
(806) 676-7709
Added: Aug 13
Changed: Oct 26
Last Checked: Oct 29 at 6:06PM
MLS# 26-6522
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex-space unit measures 90' x 54' and is built with metal-fabricated construction beneath a metal roof. Its unfinished interior can be configured with a layout and finishes suited to the intended operation.
The property is on Business Park Drive in southwest Amarillo, south of I-27 and Western Street.
The property is on Business Park Drive in southwest Amarillo, south of I-27 and Western Street.
Key Highlights
- 90' x 54' commercial flex‑space unit
- Unfinished interior can be laid out and finished to suit operational requirements
- Metal‑fabricated construction with a metal roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,071
Cap Rate
8.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$761,420
$761.4K
Cap Rate 7%
$543,871
$543.9K
Cap Rate 9%
$423,011
$423.0K
Market Conditions
NOI Build-Up for 4,860 SF
Gross rent
$46.7K $9.60/SF
− Vacancy
−$1.9K −$0.38/SF
EGI
$44.8K $9.22/SF
− OpEx
−$6.7K −$1.38/SF
NOI
$38.1K $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%
$761,420
Cap Rate 7%
$543,871
Cap Rate 9%
$423,011
Alternative Uses
Best Use
Warehouse
$543.9K
$475.9K – $634.5K
NOI $38,071 @ 7.0% cap · market cap 8.96%
Second Best
Flex RnD
$498.2K
$435.9K – $581.3K
NOI $34,875 @ 7.0% cap · market cap 8.21%
Theoretical Best
Office A
$1.09M
$949.5K – $1.27M
NOI $75,956 @ 7.0% cap · market cap 17.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
408
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79110, TX
18,285
Population
7,760
Households
2.4
Avg Household Size
35
Median Age
15%
College-Educated
91%
High-School Grad
5.4 sq mi
ZIP Area
3,386
Density / Sq Mi
$65,896
Median Household Income
$39,833
Median Earnings
$1,173
Median Rent
$153,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- 3 Square Meals — 4132 Business Park Dr, Amarillo, TX 79110
Frequently Asked Questions
What type of property is this?
Flex space - An unfinished commercial unit allows the interior layout to be tailored to a business's operational needs.
Where is this flex space located?
The property is located at 3801 BUSINESS PARK Unit 1300 Drive Amarillo, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 90' x 54' commercial flex‑space unit; Unfinished interior can be laid out and finished to suit operational requirements; Metal‑fabricated construction with a metal roof
