Industrial
New
For Sale
$399,993
5801 N WESTERN Street, Amarillo, TX 79124
Commercial Sale, Amarillo, TX
Property Size4,184 SF
Lot Size1.50 Acres
Price / SF$95.60
Days on Market2
Property Features for 5801 N WESTERN Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
3000 - NE of Amarillo City Limits
Directions
from the Loop exit on Western and go North.
Subdivision
3999 - All Others Not Identified
Special listing conditions
Auction
Standard status
Active
APN
217666
Size
4,184 SF
Lot size
1.50 Acres
Additional Details
Property Use
Industrial
Taxes and HOA fees
Tax Description
SECT 14 B S & F BLK 0009, 233.34FT W X 300FT S BEG 590.8FT N & 30FT W OF SE COR OF SECT, 1.5000 ACRES
Legal Description
SECT 14 B S & F BLK 0009, 233.34FT W X 300FT S BEG 590.8FT N & 30FT W OF SE COR OF SECT, 1.5000 ACRES
Building Details
Year built
1965
Listing Agency:
Assiter Auctioneers
(806) 655-3900
Listed By:
Lila Monden
(806) 335-6562
Added: Nov 2
Last Checked: Nov 3 at 12:06AM
MLS# 26-8617
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.
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Investment Insights
Based on property information with market context.
At 5801 N Western Street in Amarillo, this industrial facility contains 4,184 square feet and occupies approximately 1.5 acres. The property was previously used for fuel wholesaling.
Key Highlights
- 4,184‑square‑foot industrial facility
- Approximately 1.5‑acre property
- Previously used for fuel wholesaling
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,173
Cap Rate
6.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,460
$503.5K
Cap Rate 7%
$359,614
$359.6K
Cap Rate 9%
$279,700
$279.7K
Market Conditions
NOI Build-Up for 4,184 SF
Gross rent
$37.7K $9.00/SF
− Vacancy
−$1.7K −$0.41/SF
EGI
$36.0K $8.59/SF
− OpEx
−$10.8K −$2.58/SF
NOI
$25.2K $6.02/SF
Area
Amarillo, TX
Vacancy
4.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,460
Cap Rate 7%
$359,614
Cap Rate 9%
$279,700
Alternative Uses
Best Use
Industrial
$359.6K
$314.7K – $419.6K
NOI $25,173 @ 7.0% cap · market cap 6.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$934.2K
$817.4K – $1.09M
NOI $65,391 @ 7.0% cap · market cap 16.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
Explore this area
Business Placement
Demographics for 79124, TX
11,585
Population
4,676
Households
2.5
Avg Household Size
45
Median Age
39%
College-Educated
94%
High-School Grad
181.2 sq mi
ZIP Area
64
Density / Sq Mi
$110,144
Median Household Income
$64,296
Median Earnings
$1,158
Median Rent
$325,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Industrial property - The Amarillo property was previously used for fuel wholesaling.
Where is this industrial property located?
The property is located at 5801 N WESTERN Street Amarillo, TX.
What is the asking price?
The asking price for this property is $399,993.
What are key features of this property?
This property features: 4,184‑square‑foot industrial facility; Approximately 1.5‑acre property; Previously used for fuel wholesaling
