Flex Warehouse with Fenced
For Sale
Contact for pricing
4612 Maverick St, Amarillo, TX 79101
Flex warehouse with 15-foot clearance, 16-foot sidewalls, and power for equipment-heavy operations.
Property Size2,000 SF
Price / SF$135
Days on Market84
Property Features for 4612 Maverick St
General Information
Standard status
Active
Size
2,000 SF
Class
A
Property subtype
Industrial
Zoning
Light Commercial
Warehouse & Industrial
Clear Height
15 ft
Drive-In Doors
1
Heavy Power
Yes
Additional Details
Fenced Yard
Yes
Building Details
Year Built
2016
Listing Agency:
Gaut Whittenburg Emerson CRE
(806) 373-3111
Listed By:
Miles Bonifield · License #TX 0594133
Source:
Crexi
Added: Jun 1
Changed: Aug 23
Last Checked: Aug 22 at 9:46AM
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 Gaut Whittenburg Emerson CRE
Investment Insights
Based on property information with market context.
This flex warehouse offers 15 feet of clearance and 16-foot sidewalls, supporting a range of storage and light industrial uses. The facility includes a 12' x 14' overhead door for loading and unloading and is equipped with 220 and 3-phase electrical capability. Practical operating features include a sand separator and filtration system, an infrared tube heater for climate control, and an ADA-compliant restroom.
The property is offered with outdoor space, including side yard area and a fenced yard, which can support storage, staging, or other business needs. Concrete parking is provided for convenient on-site access. The offering notes that $175 per quarter in dues applies to the property.
With its combination of clear height, functional loading access, and industrial-oriented systems, this building is well suited for tenants needing a flex setup that can accommodate both equipment and day-to-day operations. The location at 4612 Maverick St, Amarillo, TX 79101, provides a straightforward option for owner-users or purchasers looking for a workable warehouse and flex configuration. 4612 and 4614 Maverick can be purchased as a bulk sale, if desired.
The property is offered with outdoor space, including side yard area and a fenced yard, which can support storage, staging, or other business needs. Concrete parking is provided for convenient on-site access. The offering notes that $175 per quarter in dues applies to the property.
With its combination of clear height, functional loading access, and industrial-oriented systems, this building is well suited for tenants needing a flex setup that can accommodate both equipment and day-to-day operations. The location at 4612 Maverick St, Amarillo, TX 79101, provides a straightforward option for owner-users or purchasers looking for a workable warehouse and flex configuration. 4612 and 4614 Maverick can be purchased as a bulk sale, if desired.
Key Highlights
- Flex warehouse built in 2016 with 15' clearance and 16' sidewalls for storage or operations
- 12' x 14' overhead door for loading and unloading
- 220V and 3‑phase electrical capability for equipment‑heavy use
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
$15,667
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
5.80%
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%
$313,340
$313.3K
Cap Rate 7%
$223,814
$223.8K
Cap Rate 9%
$174,078
$174.1K
Market Conditions
NOI Build-Up for 2,000 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
$19.2K $9.60/SF
− Vacancy
−$768 −$0.38/SF
EGI
$18.4K $9.22/SF
− OpEx
−$2.8K −$1.38/SF
NOI
$15.7K $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 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%
$313,340
Cap Rate 7%
$223,814
Cap Rate 9%
$174,078
Alternative Uses
Best Use
Warehouse
$223.8K
$195.8K – $261.1K
NOI $15,667 @ 7.0% cap · market cap 5.80%
Second Best
Flex RnD
$205.0K
$179.4K – $239.2K
NOI $14,352 @ 7.0% cap · market cap 5.32%
Theoretical Best
Office A
$446.5K
$390.7K – $521.0K
NOI $31,258 @ 7.0% cap · market cap 11.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
15 ft
Clear height
1
Drive-in doors
Yes
Heavy power
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
756
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79101, TX
2,307
Population
1,309
Households
1.8
Avg Household Size
51
Median Age
15%
College-Educated
81%
High-School Grad
1.6 sq mi
ZIP Area
1,442
Density / Sq Mi
$40,313
Median Household Income
$36,409
Median Earnings
$898
Median Rent
$152,300
Median Home Value
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Flex warehouse with 15-foot clearance, 16-foot sidewalls, and power for equipment-heavy operations.
Where is this flex space located?
The property is located at 4612 Maverick St Amarillo, TX.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Flex warehouse built in 2016 with 15' clearance and 16' sidewalls for storage or operations; 12' x 14' overhead door for loading and unloading; 220V and 3‑phase electrical capability for equipment‑heavy use
