Multi-Tenant Retail Shopping
5901 Bell Street, Amarillo, TX 79109
SINGLE_FAMILY - Amarillo, TX
Type:Retail
Property size:
46,301 SFLot size:
4.48 AcresPrice / SF:
$113/SF- Added:
- Jan 15, 2026
- Days on Market:
- 139
- Last Refresh:
- Jun 3 at 4:06 am
Property Features for 5901 Bell Street
General Information
- Property type
- Residential
- Property subtype
- Retail
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 000000218188
- Size
- 46,301 SF
- Lot size
- 4.48 Acres
Taxes and HOA fees
- Tax Description
- BELL STREET ADDN # 3, BLK 0002, 3 LESS 20FT A
- Tax Annual Amount
- 52503
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 1982
- Floors in Building
- 1
- Number of units
- 24
- Flooring type
- Laminate, Vinyl, Tile, Brick
- Building materials
- Brick
- Roof type
- Metal
Listing agent Ryan Wilson (817) 789-1576
Listing office TK Realty Roanoke, TX (817) 697-0226
Listing date Jan 15, 2026
MLS# 21144814
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Bell Hillside Shopping Center on 4.48 acres at a signalized corner location
- Includes 21 units plus 3 satellite buildings for a multi‑tenant retail setup
- Brick construction with metal roof over the main buildings
- Electric heating and electric cooling; public water and public sewer connections
- Parking lot onsite
- On‑site signage includes updated new signage and an existing billboard
Overview
Bell Hillside Shopping Center offers a diversified, multi-tenant retail investment featuring 21 units plus three satellite buildings. The property is supported by a mix of retail and service tenants designed to generate consistent operating income. Improvements include updated signage to strengthen street presence, along with an existing billboard on site that provides additional advertising revenue. A durable metal roof covers the main buildings, supporting long-term durability for the shopping center’s core improvements.
The center is positioned at a signalized high-traffic corner in Amarillo’s active commercial corridor, supporting strong visibility for day-to-day retail traffic. Its location and established retail configuration make it a practical choice for investors seeking a stabilized shopping center with operational continuity.
As an ownership opportunity, this asset is well suited to investors looking for a fully positioned retail platform with room for lease-up or re-leasing momentum through the lease roll. With signage upgrades already in place and multiple tenant spaces to underwrite, the property also offers a compelling structure for operators pursuing continued area growth and tenant demand.
The center is positioned at a signalized high-traffic corner in Amarillo’s active commercial corridor, supporting strong visibility for day-to-day retail traffic. Its location and established retail configuration make it a practical choice for investors seeking a stabilized shopping center with operational continuity.
As an ownership opportunity, this asset is well suited to investors looking for a fully positioned retail platform with room for lease-up or re-leasing momentum through the lease roll. With signage upgrades already in place and multiple tenant spaces to underwrite, the property also offers a compelling structure for operators pursuing continued area growth and tenant demand.
Local Financial Insights For 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 | $694.5k | $15.00 |
| − Vacancy | −$55.6k | −$1.20 |
| EGI | $639.0k | $13.80 |
| − OpEx | −$191.7k | −$4.14 |
| NOI | $447.3k | $9.66 |
46,301 SF · lease $15.00/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$6.39M
$5.59M – $7.45M
NOI $447,268 @ 7.0% cap · market cap 8.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.34M
$9.05M – $12.06M
NOI $723,629 @ 7.0% cap · market cap 13.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
The Door and Glass Company
Auto Repair Shop
Neon Sun Tanning ...
Tanning Salon
Coin Cloud Bitcoin ...
Atm
Dr. Thomas A. Sames, ...
Physician
Dr. Shawn Peters, ...
Physician
Similar Places Nearby
- Spanish Crossroads — 3415 Bell St, Amarillo, TX 79109
- Coin Cloud Bitcoin ATM — 3365 Bell St, Amarillo, TX 79106, United States
- The Village On Bell — Amarillo, TX 79106
- Coin Cloud Bitcoin ATM — 6001 I-40 Frontage Rd, Amarillo, TX 79106, United States
- Coin Cloud Bitcoin ATM — 6802 wolflin ave, amarillo, tx 79106
Location Insight
- Map
- Local Demand
- City
- Amarillo
- County
- Randall
- State
- Texas
- Longitude
- -101.900855
- Latitude
- 35.147282
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - Signalized high-traffic corner shopping center with 21 units, satellite buildings, and billboard income potential.
Where is this shopping center located?
The property is located at 5901 Bell Street Amarillo, TX.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: Bell Hillside Shopping Center on 4.48 acres at a signalized corner location; Includes 21 units plus 3 satellite buildings for a multi‑tenant retail setup; Brick construction with metal roof over the main buildings
