Commercial Land With Existing
For Sale
$5,900,000
7432 S SONCY Road, Amarillo, TX 79119
Commercial Sale, Amarillo, TX
Property Size21,280 SF
Lot Size4.00 Acres
Price / SF$277.26
Days on Market148
Property Features for 7432 S SONCY Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
0200 - SW Amarillo in City Limits
Directions
Head South on Soncy property is on the right just before Arden Road.
Subdivision
0223 - Town Square/Time Square
Standard status
Active
APN
220070
Size
21,280 SF
Lot size
4.00 Acres
Taxes and HOA fees
Tax Description
HILLSIDE TERRACE ESTATES # 13 LOT 001BLOCK 0028
Legal Description
HILLSIDE TERRACE ESTATES # 13 LOT 001BLOCK 0028
Utilities
Cooling system
Central Air
Amenities
tennis court
commercial kitchen
Building Details
Year built
2011
Listing Agency:
FIMC Commercial Realty
Listed By:
Kirk Chudej · License #604402
(806) 358-7151
Added: May 14
Changed: Aug 26
Last Checked: Oct 8 at 7:06AM
MLS# 25-7294
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.
This commercial land offering includes 4 acres and a 21,280-square-foot building constructed in 2011. Existing improvements include a commercial kitchen, tennis court, central air conditioning, and on-site parking. The property is located at 7432 S Soncy Road in Amarillo, Texas.
The site is positioned at Soncy and Hillside, where the reported traffic count is 32,900. Additional acreage is available if desired, providing more land associated with the offering. The combination of land, building improvements, and existing amenities creates a property with a substantial physical footprint for commercial consideration.
The site is positioned at Soncy and Hillside, where the reported traffic count is 32,900. Additional acreage is available if desired, providing more land associated with the offering. The combination of land, building improvements, and existing amenities creates a property with a substantial physical footprint for commercial consideration.
Key Highlights
- 4‑acre commercial land offering with a 21,280‑square‑foot building
- Building constructed in 2011
- Commercial kitchen and tennis court included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$229,824
Cap Rate
3.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,596,480
$4.6M
Cap Rate 7%
$3,283,200
$3.3M
Cap Rate 9%
$2,553,600
$2.6M
Market Conditions
NOI Build-Up for 21,280 SF
Gross rent
$408.6K $19.20/SF
− Vacancy
−$40.9K −$1.92/SF
EGI
$367.7K $17.28/SF
− OpEx
−$137.9K −$6.48/SF
NOI
$229.8K $10.80/SF
Area
Amarillo, TX
Vacancy
10.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,596,480
Cap Rate 7%
$3,283,200
Cap Rate 9%
$2,553,600
Alternative Uses
Best Use
Mixed Use
$3.28M
$2.87M – $3.83M
NOI $229,824 @ 7.0% cap · market cap 3.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.75M
$4.16M – $5.54M
NOI $332,581 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
87
Businesses Nearby
Explore this area
Business Placement
Demographics for 79119, TX
21,147
Population
9,839
Households
2.1
Avg Household Size
37
Median Age
44%
College-Educated
97%
High-School Grad
99.5 sq mi
ZIP Area
213
Density / Sq Mi
$100,546
Median Household Income
$63,728
Median Earnings
$1,217
Median Rent
$335,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Existing improvements include a commercial kitchen, tennis court, and central air conditioning.
Where is this commercial land located?
The property is located at 7432 S SONCY Road Amarillo, TX.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: 4‑acre commercial land offering with a 21,280‑square‑foot building; Building constructed in 2011; Commercial kitchen and tennis court included
