Multi-Tenant Retail Shopping
5901 Bell Street Amarillo, TX 79109
5901 Bell Street, Amarillo, TX, 79109
$5,250,000
For Sale
$5,250,000
SINGLE_FAMILY - Amarillo, TX
Property Size46,301 SF
Lot Size4.48 Acres
Price / SF$113.39
Days on Market184
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 Agency
TK Realty
(817) 697-0226
Roanoke, TX
Listed by
Ryan Wilson
(817) 789-1576
Added: Jan 15 Checked: Jul 18 at 8:06 am
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.
Investment Insights
Based on property information with market context.
Bell Hillside Shopping Center is a multi-tenant retail property featuring 21 units plus three satellite buildings. The center includes durable metal roofing over the main buildings and has updated signage intended to improve street presence. An existing billboard on-site is also included.
The property is located at 5901 Bell Street in Amarillo, TX 79109, on a signalized corner.
Offered for sale as a retail investment, the shopping center is described as being anchored by a mix of retail and service tenants.
The property is located at 5901 Bell Street in Amarillo, TX 79109, on a signalized corner.
Offered for sale as a retail investment, the shopping center is described as being anchored by a mix of retail and service tenants.
Key Highlights
- Bell Hillside Shopping Center on 4.48 acres at a signalized high‑traffic corner
- Multi‑tenant retail investment with 21 units plus 3 satellite buildings
- Metal roof over the main buildings
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 Analytics
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 ...
Currency Exchange Service
Dr. Thomas A. Sames, ...
Physician
Dr. Shawn Peters, ...
Physician
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FAQs
What type of property is this?
Shopping center - Shopping center with 21 units plus three satellite buildings, anchored by retail and service tenants, with a metal roof.
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 high‑traffic corner; Multi‑tenant retail investment with 21 units plus 3 satellite buildings; Metal roof over the main buildings
