Flex Space with Four Overhead
New
For Sale
$360,000
6325 Star Lane, Amarillo, TX 79109
A warehouse-dominant layout includes front office and lobby areas with central heating and air conditioning.
Property Size4,000 SF
Price / SF$90
Days on Market1
Property Features for 6325 Star Lane
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Commercial
Zoning
0200 - SW Amarillo in City Limits
Building Details
Building Size
4,000 SF
Year Built
1983
Buildings
1
Listing Agency:
Lyons Realty
(806) 358-3900
Listed By:
Lisa Carr
(806) 336-2222
Source:
Panhandleplainsrealty
Added: Nov 6
Last Checked: Nov 6 at 1:40AM
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 Lyons Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,000-square-foot flex property combines a large warehouse area with a front lobby, offices, and a bathroom. Four overhead doors provide access to the warehouse. Central heating and air conditioning serve the lobby and office area. The building dates to 1983 and is zoned 0200 - SW Amarillo in City Limits.
Located at 6325 Star Lane in Amarillo, the property is within city limits.
Located at 6325 Star Lane in Amarillo, the property is within city limits.
Key Highlights
- 4,000‑square‑foot building with a warehouse‑dominant layout
- Four overhead doors
- Front lobby, offices, and bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,334
Cap Rate
8.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$626,680
$626.7K
Cap Rate 7%
$447,629
$447.6K
Cap Rate 9%
$348,156
$348.2K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$38.4K $9.60/SF
− Vacancy
−$1.5K −$0.38/SF
EGI
$36.9K $9.22/SF
− OpEx
−$5.5K −$1.38/SF
NOI
$31.3K $7.83/SF
Area
Amarillo, TX
Vacancy
4.00%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$626,680
Cap Rate 7%
$447,629
Cap Rate 9%
$348,156
Alternative Uses
Best Use
Warehouse
$447.6K
$391.7K – $522.2K
NOI $31,334 @ 7.0% cap · market cap 8.70%
Second Best
Flex RnD
$410.1K
$358.8K – $478.4K
NOI $28,704 @ 7.0% cap · market cap 7.97%
Theoretical Best
Office A
$893.1K
$781.4K – $1.04M
NOI $62,515 @ 7.0% cap · market cap 17.37%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
680
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79109, TX
42,509
Population
20,308
Households
2.1
Avg Household Size
39
Median Age
33%
College-Educated
93%
High-School Grad
10.3 sq mi
ZIP Area
4,127
Density / Sq Mi
$68,579
Median Household Income
$41,410
Median Earnings
$945
Median Rent
$217,600
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Our Daily Bread — 5500 Bluebird St Suite 400, Amarillo, TX 79109
- Two Knives Catering — 5500 Bluebird St Suite 400, Amarillo, TX 79109
- 3 Square Meals — 4132 Business Park Dr, Amarillo, TX 79110
Frequently Asked Questions
What type of property is this?
Flex space - A warehouse-dominant layout includes front office and lobby areas with central heating and air conditioning.
Where is this flex space located?
The property is located at 6325 Star Lane Amarillo, TX.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: 4,000‑square‑foot building with a warehouse‑dominant layout; Four overhead doors; Front lobby, offices, and bathroom
