Flex Warehouse with Fenced
For Sale
Contact for pricing
4614 Maverick St, Amarillo, TX 79101
Flex warehouse space for sale with an on-site fenced yard, suited for a range of business needs.
Property Size1,600 SF
Price / SF$137.50
Days on Market84
Property Features for 4614 Maverick St
General Information
Standard status
Active
Size
1,600 SF
Class
A
Property subtype
Industrial
Zoning
Light Commercial
Investment Type
Owner/User
Additional Details
Fenced Yard
Yes
Building Details
Year Built
2016
Buildings
1
Listing Agency:
Gaut Whittenburg Emerson CRE
(806) 373-3111
Listed By:
Miles Bonifield · License #TX 0594133
Source:
Crexi
Added: Jun 1
Changed: Aug 21
Last Checked: Aug 23 at 6:24AM
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 for-sale flex warehouse property includes a versatile interior layout designed to support a range of business uses, along with an available fenced yard for exterior storage or operational needs.
The offering also references the adjacent property at 4612 Maverick, which can be purchased together with 4614 Maverick as a bulk sale option.
For buyers seeking more space or a combined purchase, both addresses are noted as available through a single bulk sale opportunity.
The offering also references the adjacent property at 4612 Maverick, which can be purchased together with 4614 Maverick as a bulk sale option.
For buyers seeking more space or a combined purchase, both addresses are noted as available through a single bulk sale opportunity.
Key Highlights
- Flex warehouse space built in 2016
- Fenced yard on‑site
- Adjacent units 4612 and 4614 Maverick can be purchased together as a bulk sale for $475,000
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
$12,534
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
5.70%
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%
$250,680
$250.7K
Cap Rate 7%
$179,057
$179.1K
Cap Rate 9%
$139,267
$139.3K
Market Conditions
NOI Build-Up for 1,600 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
$15.4K $9.60/SF
− Vacancy
−$614 −$0.38/SF
EGI
$14.7K $9.22/SF
− OpEx
−$2.2K −$1.38/SF
NOI
$12.5K $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%
$250,680
Cap Rate 7%
$179,057
Cap Rate 9%
$139,267
Alternative Uses
Best Use
Warehouse
$179.1K
$156.7K – $208.9K
NOI $12,534 @ 7.0% cap · market cap 5.70%
Second Best
Flex RnD
$164.0K
$143.5K – $191.4K
NOI $11,482 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$357.2K
$312.6K – $416.8K
NOI $25,006 @ 7.0% cap · market cap 11.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex warehouse space for sale with an on-site fenced yard, suited for a range of business needs.
Where is this flex space located?
The property is located at 4614 Maverick St Amarillo, TX.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Flex warehouse space built in 2016; Fenced yard on‑site; Adjacent units 4612 and 4614 Maverick can be purchased together as a bulk sale for $475,000
