4530 Canyon Drive Amarillo, TX 79109
12,153 SF commercial property with redevelopment potential.
Property Features for 4530 Canyon Drive
General Information
- Standard status
- Active
- Size
- 12,153 SF
- Property subtype
- Retail
Listing office Coldwell Banker Commercial First Equity
Listing date May 22, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial First Equity
Investment Insights
Based on property information with market context.
Key Highlights
- Strategic location off I‑27 with convenient access to downtown Amarillo.
- High visibility and easy access for maximum exposure.
- Versatile 12,153 SF layout with expansive rooms and multiple office spaces.
Local Financial Insights For Retail
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 | $182.3k | $15.00 |
| − Vacancy | −$14.6k | −$1.20 |
| EGI | $167.7k | $13.80 |
| − OpEx | −$50.3k | −$4.14 |
| NOI | $117.4k | $9.66 |
