Commercial Kitchen with Bakery
For Sale
$250,000
4118 BUSHLAND Boulevard, Amarillo, TX 79106
Commercial Sale, Amarillo, TX
Property Size784 SF
Lot Size0.16 Acres
Price / SF$318.88
Days on Market105
Property Features for 4118 BUSHLAND Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
0100 - NW Amarillo in City Limits
Directions
From western and 6th the property will be on the NE corner.
Subdivision
0111 - San Jacinto
Standard status
Active
APN
218069
Size
784 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Description
SAN JACINTO HEIGHTS # 8, LOT 10A, BLK 0205, 0.1600 ACRES
Legal Description
SAN JACINTO HEIGHTS # 8, LOT 10A, BLK 0205, 0.1600 ACRES
Building Details
Year built
1953
Listing Agency:
RockOne Realty, LLC
(806) 599-9900
Listed By:
Cornerstone Realty Group
(806) 599-9900
Added: May 11
Changed: Aug 19
Last Checked: Aug 23 at 11:06AM
MLS# 26-3577
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.
Located at 4118 Bushland Boulevard in Amarillo, this 784-square-foot commercial kitchen property is configured for bakery and food-service operations. The sale includes commercial kitchen and bakery equipment, providing an existing equipment package for an owner-user or food-focused business.
A City of Amarillo-approved renovation was completed in 2024. Improvements included plumbing, electrical, HVAC, flooring, drywall, paint, and commercial kitchen systems. The property occupies a 0.16-acre corner site at Bushland Boulevard and Western Street, with access from a highly visible intersection.
A City of Amarillo-approved renovation was completed in 2024. Improvements included plumbing, electrical, HVAC, flooring, drywall, paint, and commercial kitchen systems. The property occupies a 0.16-acre corner site at Bushland Boulevard and Western Street, with access from a highly visible intersection.
Key Highlights
- 784 SF commercial kitchen property
- Commercial kitchen and bakery equipment included
- City of Amarillo‑approved renovation completed in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$9,286
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.71%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$185,720
$185.7K
Cap Rate 7%
$132,657
$132.7K
Cap Rate 9%
$103,178
$103.2K
Market Conditions
NOI Build-Up for 784 SF
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.
Gross rent
$13.2K $16.80/SF
− Vacancy
−$790 −$1.01/SF
EGI
$12.4K $15.79/SF
− OpEx
−$3.1K −$3.95/SF
NOI
$9.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$185,720
Cap Rate 7%
$132,657
Cap Rate 9%
$103,178
Alternative Uses
Best Use
Specialty Retail
$132.7K
$116.1K – $154.8K
NOI $9,286 @ 7.0% cap · market cap 3.71%
Second Best
Retail
$108.2K
$94.7K – $126.2K
NOI $7,573 @ 7.0% cap · market cap 3.03%
Theoretical Best
Office A
$175.0K
$153.2K – $204.2K
NOI $12,253 @ 7.0% cap · market cap 4.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
291
Businesses Nearby
Explore this area
Business Placement
Demographics for 79106, TX
27,692
Population
13,385
Households
2.1
Avg Household Size
37
Median Age
24%
College-Educated
87%
High-School Grad
8.6 sq mi
ZIP Area
3,220
Density / Sq Mi
$54,407
Median Household Income
$36,061
Median Earnings
$995
Median Rent
$163,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial kitchen - Renovated food-service facility with updated building systems and included commercial equipment.
Where is this commercial kitchen located?
The property is located at 4118 BUSHLAND Boulevard Amarillo, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 784 SF commercial kitchen property; Commercial kitchen and bakery equipment included; City of Amarillo‑approved renovation completed in 2024
