Warehouse with Drive-In
New
For Sale
$925,000
7633 JACKELOPE Trail, Amarillo, TX 79119
Commercial Sale, Amarillo, TX
Property Size3,600 SF
Price / SF$181.37
Days on Market2
Property Features for 7633 JACKELOPE Trail
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
6000 - All areas in the 6000's
Directions
I-27 and McCormick, Turn Right onto Coulter, Left on to Jackelope Trail.
Subdivision
6000 - S & W of Randall
Standard status
Active
APN
304443
Size
5,100 SF
Listing Agency:
Keller Williams Realty Amarillo
(806) 359-4000
Listed By:
Bobby Tyler · License #690582
(806) 676-7709
Added: Sep 18
Last Checked: Sep 19 at 12:06PM
MLS# 26-7490
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.
Located at 7633 Jackelope Trail in Amarillo, this 5,100-square-foot warehouse provides a 60' x 60' work area with offices, a lobby, kitchen, and two bathrooms. The building includes metal-finished interior walls, insulation, and electrical service with multiple outlets, including 220-volt capacity.
Three overhead doors measure 14' high by 12' wide and include openers for drive-in and drive-out access. The structure has 15' sidewalls, a 24' ceiling, and 14' of clear height for equipment, storage, and other warehouse operations. The property is positioned west of I-27 off McCormick.
Three overhead doors measure 14' high by 12' wide and include openers for drive-in and drive-out access. The structure has 15' sidewalls, a 24' ceiling, and 14' of clear height for equipment, storage, and other warehouse operations. The property is positioned west of I-27 off McCormick.
Key Highlights
- 5,100 square feet with a 60' x 60' warehouse layout
- Three overhead doors measuring 14' high by 12' wide
- 15' sidewalls, 24' ceiling, and 14' of clear height
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$39,951
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$799,020
$799.0K
Cap Rate 7%
$570,729
$570.7K
Cap Rate 9%
$443,900
$443.9K
Market Conditions
NOI Build-Up for 5,100 SF
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.
Gross rent
$49.0K $9.60/SF
− Vacancy
−$2.0K −$0.38/SF
EGI
$47.0K $9.22/SF
− OpEx
−$7.1K −$1.38/SF
NOI
$40.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$799,020
Cap Rate 7%
$570,729
Cap Rate 9%
$443,900
Alternative Uses
Best Use
Warehouse
$570.7K
$499.4K – $665.9K
NOI $39,951 @ 7.0% cap · market cap 4.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.14M
$996.3K – $1.33M
NOI $79,707 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
14 ft
Clear height
3
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
118
Businesses Nearby
Well-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- Stater's Acres R V's — 14301 Canyon E-Way, Amarillo, TX 79119
- Superior Self Storage — 13681 FM 2590, Amarillo, TX 79119
- Ware House Rentals — Texas 79118
Frequently Asked Questions
What type of property is this?
Warehouse - Insulated warehouse with office, lobby, kitchen, bathrooms, and electrical capacity for varied operational needs.
Where is this warehouse located?
The property is located at 7633 JACKELOPE Trail Amarillo, TX.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 5,100 square feet with a 60' x 60' warehouse layout; Three overhead doors measuring 14' high by 12' wide; 15' sidewalls, 24' ceiling, and 14' of clear height
