Seven-Unit Retail
For Sale
$2,200,000
8700 CLINTON GLENN Road, Amarillo, TX 79119
Commercial Sale, Amarillo, TX
Property Size11,400 SF
Lot Size1.84 Acres
Price / SF$192.98
Days on Market93
Property Features for 8700 CLINTON GLENN Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
2000 - SW of Amarillo City Limits
Parking features
Parking Lot
Directions
NW Corner of FM 2590 (Soncy) and Clinton Glen (South of McCormick & North of 2219)
Subdivision
2172 - 4 Corners/Wildflower/Maple Fields
Standard status
Active
APN
197221
Size
11,400 SF
Lot size
1.84 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
WILDFLOWER VLG AT FOUR CRNRS # 1LOT 008 BLOCK 0002
Legal Description
WILDFLOWER VLG AT FOUR CRNRS # 1LOT 008 BLOCK 0002
Utilities
Cooling system
Electric, Central Air
Building Details
Year built
2021
Building materials
Stucco
Roof type
Metal
Listing Agency:
Panhandle Plains Realty
(806) 662-1312
Listed By:
Christine Price Ufford · License #576038
(806) 670-6601
Added: Aug 2
Changed: Oct 27
Last Checked: Nov 2 at 2:06PM
MLS# 26-322
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.
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Investment Insights
Based on property information with market context.
Built in 2021, this 11,400-square-foot shopping center contains seven retail units, with each unit measuring approximately 40 by 40 feet. The property includes two operating restaurants, a church, and two currently open units. Stucco construction, a metal roof, central air, electric cooling, and a parking lot support the existing commercial configuration. Utilities are metered separately for each unit.
The 1.84-acre property is located on Clinton Glenn Road in Amarillo, between Canyon and Amarillo. Its retail-center layout accommodates a mix of established commercial occupants and available space within the same property.
The 1.84-acre property is located on Clinton Glenn Road in Amarillo, between Canyon and Amarillo. Its retail-center layout accommodates a mix of established commercial occupants and available space within the same property.
Key Highlights
- Seven‑unit retail center totaling 11,400 square feet
- 1.84‑acre property with approximately 40‑by‑40‑foot units
- Two operating restaurants, a church, and two open units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$135,022
Cap Rate
6.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,700,440
$2.7M
Cap Rate 7%
$1,928,886
$1.9M
Cap Rate 9%
$1,500,244
$1.5M
Market Conditions
NOI Build-Up for 11,400 SF
Gross rent
$191.5K $16.80/SF
− Vacancy
−$11.5K −$1.01/SF
EGI
$180.0K $15.79/SF
− OpEx
−$45.0K −$3.95/SF
NOI
$135.0K $11.84/SF
Area
Amarillo, TX
Vacancy
6.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,700,440
Cap Rate 7%
$1,928,886
Cap Rate 9%
$1,500,244
Alternative Uses
Best Use
Specialty Retail
$1.93M
$1.69M – $2.25M
NOI $135,022 @ 7.0% cap · market cap 6.14%
Second Best
Retail
$1.57M
$1.38M – $1.84M
NOI $110,124 @ 7.0% cap · market cap 5.01%
Theoretical Best
Office A
$2.55M
$2.23M – $2.97M
NOI $178,168 @ 7.0% cap · market cap 8.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
83
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Shopping center - Stucco retail center with separately metered utilities, central air, and on-site parking.
Where is this shopping center located?
The property is located at 8700 CLINTON GLENN Road Amarillo, TX.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Seven‑unit retail center totaling 11,400 square feet; 1.84‑acre property with approximately 40‑by‑40‑foot units; Two operating restaurants, a church, and two open units
