Convenience Store with Car
For Sale
Contact for pricing
5815 S Western St, Amarillo, TX
Existing convenience store with gas pumps and attached car wash.
Property Size3,491 SF
Lot Size1.02 Acres
Price / SF$285.02
Days on Market450
Property Features for 5815 S Western St
General Information
Standard status
Active
Size
3,491 SF
Lot size
1.02 Acres
Property subtype
RETAIL
Listing Agency:
Gaut Whittenburg Emerson CRE
(806) 373-3111
Listed By:
Miles Bonifield · License ##594133
Source:
Moodyscre
Added: May 7, 2025
Changed: Jul 6
Last Checked: Jul 21 at 4:14AM
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 property features an existing convenience store available for purchase. It is located on a hard corner with approximately 204 feet of frontage on Western Street and 216 feet on Hillside Road. The building is configured as a convenience store with existing refrigeration units and a cash register area. The layout includes a back workroom with a 3-bay sink, a manager’s office, and two bathrooms. The property also features four gas pumps under a covered canopy and a large parking lot. An operating attached car wash provides an additional 1,275 square feet of space. The property size is 3,491 square feet.
Key Highlights
- Hard corner location with high visibility frontage on two streets.
- Existing convenience store setup with refrigeration units and cash register area.
- Includes four gas pumps under a covered canopy and a large parking lot.
Financial Insights For Specialty 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 | $58.6k | $16.80 |
| − Vacancy | −$3.5k | −$1.01 |
| EGI | $55.1k | $15.79 |
| − OpEx | −$13.8k | −$3.95 |
| NOI | $41.3k | $11.84 |
3,491 SF · lease $16.80/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$590.7K
$516.8K – $689.1K
NOI $41,347 @ 7.0% cap · market cap 4.16%
Second Best
Retail
$481.8K
$421.5K – $562.1K
NOI $33,723 @ 7.0% cap · market cap 3.39%
Theoretical Best
Office A
$779.4K
$682.0K – $909.3K
NOI $54,560 @ 7.0% cap · market cap 5.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
586
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Existing convenience store with gas pumps and attached car wash.
Where is this gas station located?
The property is located at 5815 S Western St Amarillo, TX.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Hard corner location with high visibility frontage on two streets.; Existing convenience store setup with refrigeration units and cash register area.; Includes four gas pumps under a covered canopy and a large parking lot.
