Vacant Second-Generation
For Sale
$2,800,000
5080 Coulter St S, Amarillo, TX 79119
Freestanding restaurant with existing infrastructure, immediate occupancy, and a large parcel along Amarillo’s South Coulter Street retail corridor.
Property Size8,138 SF
Lot Size1.95 Acres
Price / SF$344.06
Days on Market124
Property Features for 5080 Coulter St S
General Information
Standard status
Active
Size
8,138 SF
Lot size
1.95 Acres
Property subtype
Restaurant
Lease Type
NNN
Additional Details
Asking Price
$2,800,000
Traffic Count
20,480 vehicles/day
Amenities
Delivered Vacant at Closing | Immediate Owner-User Occupancy or Flexibility to Secure a New Tenant on Custom Terms
Offered at $2,800,000 ($344/SF), a Significant Discount to Estimated Replacement Cost
Modern 2017 Construction With Existing Restaurant Infrastructure and an Efficient Site Layout
Large ±1.95-Acre Parcel With Ample Parking, Future Adaptability, and Strong Residual Land Value
Prime South Coulter Street Retail Corridor (±20,480 VPD), Adjacent to Walmart Supercenter and Lowe's
Strong Trade Area Demographics: 73,371 Residents and $118,434 Average Household Income Within 3 Miles
Amarillo Ranked #1 Mid-Size U.S. City for Projected Growth (USA Today, 2025); MSA Population ±276,145
Active Corridor Infrastructure: $133M Loop 335 Segment C-1 Freeway Upgrade and Coulter Road Extension
Building Details
Building Size
8,138 SF
Year Built
2017
Listing Agency:
Marcus & Millichap - Los Angeles
Listed By:
Jason Fefer · License #License(s): CA: 02100489
(310) 909-2394
Source:
Marcusmillichap
Added: Jun 16
Changed: Oct 3
Last Checked: Oct 16 at 5:49AM
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 Marcus & Millichap - Los Angeles
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Investment Insights
Based on property information with market context.
Freestanding restaurant property totaling approximately 8,138 square feet on approximately 1.95 acres. Constructed in 2017, the building retains restaurant infrastructure and is being delivered vacant at closing. Its existing configuration can accommodate full-service, fast-casual, entertainment, or specialty dining concepts, providing immediate occupancy for an owner-user or flexibility for a future tenant arrangement.
The property is positioned on South Coulter Street with approximately 20,480 vehicles per day. Walmart Supercenter and Lowe’s are adjacent, with additional national retail and dining destinations located nearby. The site is in Amarillo, Texas, at 5080 Coulter St S, and includes a substantial parcel that supports parking and future adaptability.
The property is positioned on South Coulter Street with approximately 20,480 vehicles per day. Walmart Supercenter and Lowe’s are adjacent, with additional national retail and dining destinations located nearby. The site is in Amarillo, Texas, at 5080 Coulter St S, and includes a substantial parcel that supports parking and future adaptability.
Key Highlights
- Approximately 8,138‑square‑foot freestanding restaurant
- Approximately 1.95‑acre parcel
- Built in 2017
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$96,386
Cap Rate
3.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,927,720
$1.9M
Cap Rate 7%
$1,376,943
$1.4M
Cap Rate 9%
$1,070,956
$1.1M
Market Conditions
NOI Build-Up for 8,138 SF
Gross rent
$136.7K $16.80/SF
− Vacancy
−$8.2K −$1.01/SF
EGI
$128.5K $15.79/SF
− OpEx
−$32.1K −$3.95/SF
NOI
$96.4K $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%
$1,927,720
Cap Rate 7%
$1,376,943
Cap Rate 9%
$1,070,956
Alternative Uses
Best Use
Specialty Retail
$1.38M
$1.20M – $1.61M
NOI $96,386 @ 7.0% cap · market cap 3.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M
NOI $127,187 @ 7.0% cap · market cap 4.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
20,480 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
445
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79119, TX
21,147
Population
9,839
Households
2.1
Avg Household Size
37
Median Age
44%
College-Educated
97%
High-School Grad
99.5 sq mi
ZIP Area
213
Density / Sq Mi
$100,546
Median Household Income
$63,728
Median Earnings
$1,217
Median Rent
$335,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding restaurant with existing infrastructure, immediate occupancy, and a large parcel along Amarillo’s South Coulter Street retail corridor.
Where is this conventional restaurant located?
The property is located at 5080 Coulter St S Amarillo, TX.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Approximately 8,138‑square‑foot freestanding restaurant; Approximately 1.95‑acre parcel; Built in 2017
