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Flex Shop with Overhead Door
New
For Sale
$275,000

6601 LOWES Lane, Amarillo, TX 79106

COMMERCIAL - Amarillo, TX

Property Size2,400 SF
Price / SF$114.58
Days on Market1

Property Features for 6601 LOWES Lane

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Zoning description 0100 - NW Amarillo in City Limits
Parking features Parking Lot, Garage
Directions North on Amarillo BLVD, left on Lowes Ln. Complex is located West of Lowes.
Subdivision 0113 - Quail Creek
Standard status Active
APN 314905

Taxes and HOA fees

Tax Description QUAIL CREEK ADDN # 39, LOT 07A, BLK 0014, 2.8390 ACRES
HOA Fee $2,000 Annually
Legal Description QUAIL CREEK ADDN # 39, LOT 07A, BLK 0014, 2.8390 ACRES

Utilities

Cooling system Electric, Central Air

Building Details

Year built 2026
Building materials Metal Fab
Roof type Metal
Listing Agency: Triangle Realty, LLC
Listed By: Carley Saikowski
Added: Jul 31 Last Checked: Jul 31 at 3:06PM
MLS# 26-6150

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.

Investment Insights

Based on property information with market context.

Founders Club Garages offers an under-construction flex shop built with metal fabrication and a metal roof. The unit is configured with an overhead door with operator, central HVAC, spray foam insulation, and a bathroom with a sink and toilet, plus a dedicated mechanical room.

The condo association fee covers water, trash, sewer, gate access, and front landscaping. Gas and electric are metered per building, and on-site parking is provided with a parking lot and garage.

Built in 2026, this is a straightforward single-shop setup for a variety of light flex uses, with key building utilities and common-area services included through the association.

Key Highlights

  • 60 by 40 flex shop in Founders Club Garages
  • Overhead door with operator and central HVAC
  • Spray foam insulation plus mechanical room

Financial Insights For Flex RnD

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 $28.8k $12.00
− Vacancy −$2.3k −$0.96
EGI $26.5k $11.04
− OpEx −$9.3k −$3.86
NOI $17.2k $7.18
2,400 SF · lease $12.00/SF/yr · vacancy 8.00% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$246.0K
$215.3K – $287.0K (±1% cap)
NOI $17,222 @ 7.0% cap · market cap 6.26%
Second Best
Industrial
$206.3K
$180.5K – $240.7K (±1% cap)
NOI $14,440 @ 7.0% cap · market cap 5.25%
Theoretical Best
Office A
$535.8K
$468.9K – $625.2K (±1% cap)
NOI $37,509 @ 7.0% cap · market cap 13.64%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Restaurant Auto Repair Shop Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

689
Businesses Nearby
Under-served
Demand for This Use

Demographics for 79106, TX

27,692
Population
13,385
Households
2.1
Avg Household Size
37
Median Age
24%
College-Educated
87%
High-School Grad
8.6 sq mi
ZIP Area
3,220
Density / Sq Mi
$54,407
Median Household Income
$36,061
Median Earnings
$995
Median Rent
$163,100
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Nineteen49 Catering — 6700 Killgore Dr, Amarillo, TX 79106

Frequently Asked Questions

What type of property is this?
Flex space - Under-construction NW Amarillo flex shop with a 60 by 40 metal building, HVAC, spray foam insulation, and an overhead door.
Where is this flex space located?
The property is located at 6601 LOWES Lane Amarillo, TX.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 60 by 40 flex shop in Founders Club Garages; Overhead door with operator and central HVAC; Spray foam insulation plus mechanical room
More about this property
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