Mixed-Use Property with
3803 E AMARILLO Boulevard, Amarillo, TX 79107
For Sale
$769,000
Commercial Sale, Amarillo, TX
Property Size5,580 SF
Price / SF$137.81
Days on Market51
Property Features for 3803 E AMARILLO Boulevard
General Information
Property type
Property subtype
Zoning description
Parking features
Directions
Subdivision
Standard status
Size
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Cooling system
Building Details
Year built
Flooring type
Building materials
Listing Agency:
Keller Williams Realty Amarillo
(806) 359-4000
Listed By:
Tami Gaut · License TX #577978
(806) 382-4332
Added: Sep 23
Changed: Oct 8
Last Checked: Nov 12 at 9:06AM
MLS# 26-7624
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.
The 5,580-square-foot property at 3803 E Amarillo Boulevard includes a cafe, a bar business operated under lease, and two private rental spaces with tenants. The cafe has operated continuously, 24 hours a day, since 1952. Building records show a 1961 construction date, with brick veneer, tile flooring, central air, and a parking lot.
The property is in Amarillo near historic Route 66. Its sign was recently refurbished through a City of Amarillo historic improvement initiative.
The property is in Amarillo near historic Route 66. Its sign was recently refurbished through a City of Amarillo historic improvement initiative.
Key Highlights
- 5,580‑square‑foot mixed‑use property
- Cafe has served customers 24 hours a day since 1952
- Includes a leased bar operation and two private rental spaces with tenants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,090
Cap Rate
8.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,321,800
$1.3M
Cap Rate 7%
$944,143
$944.1K
Cap Rate 9%
$734,333
$734.3K
Market Conditions
NOI Build-Up for 5,580 SF
Gross rent
$93.7K $16.80/SF
− Vacancy
−$5.6K −$1.01/SF
EGI
$88.1K $15.79/SF
− OpEx
−$22.0K −$3.95/SF
NOI
$66.1K $11.84/SF
Area
Amarillo, TX
Vacancy
6.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,321,800
Cap Rate 7%
$944,143
Cap Rate 9%
$734,333
Alternative Uses
Best Use
Specialty Retail
$944.1K
$826.1K – $1.10M
NOI $66,090 @ 7.0% cap · market cap 8.59%
Second Best
Mixed Use
$860.9K
$753.3K – $1.00M
NOI $60,264 @ 7.0% cap · market cap 7.84%
Theoretical Best
Office A
$1.25M
$1.09M – $1.45M
NOI $87,209 @ 7.0% cap · market cap 11.34%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
170
Businesses Nearby
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Business Placement
Demographics for 79107, TX
37,480
Population
12,346
Households
3
Avg Household Size
34
Median Age
6%
College-Educated
61%
High-School Grad
19.6 sq mi
ZIP Area
1,912
Density / Sq Mi
$39,474
Median Household Income
$28,084
Median Earnings
$1,016
Median Rent
$88,400
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The offering combines an around-the-clock cafe, a leased bar operation, and two occupied rental spaces.
Where is this mixed-use property located?
The property is located at 3803 E AMARILLO Boulevard Amarillo, TX.
What is the asking price?
The asking price for this property is $769,000.
What are key features of this property?
This property features: 5,580‑square‑foot mixed‑use property; Cafe has served customers 24 hours a day since 1952; Includes a leased bar operation and two private rental spaces with tenants
