Spacious Warehouse in Amarillo,
1802 SE 22nd Ave Amarillo, TX 79103
1802 SE 22nd Ave, Amarillo, TX, 79103
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For Sale
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Versatile 4,800 sqft warehouse suitable for various industrial uses.
Property Size4,800 SF
Price / SF$115
Days on Market682
Property Features for 1802 SE 22nd Ave
General Information
- Standard status
- Active
- Size
- 4,800 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2022
Listing Agency
Capitol Peak Realty
(806) 513-7299
Listed by
Shelby Massey · License #TX 0634719
Source
Crexi
Added: Sep 4, 2024 Checked: Jul 15 at 10:21 pm
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 Capitol Peak Realty
Investment Insights
Based on property information with market context.
This warehouse, situated in Amarillo, Texas, provides approximately 4,800 sqft of adaptable space suitable for storage, distribution, manufacturing, and other industrial applications. Its location offers accessibility to major transportation routes, facilitating deliveries and freight services. The warehouse features high ceilings, large roll-up doors, and a concrete floor. Essential utilities, including electricity, water, and sewer connections, are available. On-site parking is provided. The premises are secured with fencing and lighting.
Key Highlights
- 4,800 sqft of open, flexible warehouse space suitable for various industrial uses.
- Convenient location near major transportation routes for easy accessibility.
- Equipped with high ceilings, large roll‑up doors, and sturdy concrete floor.
Local Financial Insights For Warehouse
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 | $46.1k | $9.60 |
| − Vacancy | −$1.8k | −$0.38 |
| EGI | $44.2k | $9.22 |
| − OpEx | −$6.6k | −$1.38 |
| NOI | $37.6k | $7.83 |
4,800 SF · lease $9.60/SF/yr · vacancy 4.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$537.2K
$470.0K – $626.7K
NOI $37,601 @ 7.0% cap · market cap 6.81%
Second Best
Industrial
$412.6K
$361.0K – $481.3K
NOI $28,879 @ 7.0% cap · market cap 5.23%
Theoretical Best
Office A
$1.07M
$937.7K – $1.25M
NOI $75,018 @ 7.0% cap · market cap 13.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
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Similar Off Market Nearby
- Amarillo Safe Storage — 2101 S Bolton St, Amarillo, TX 79103
- Vital Records Control — 6055 I-40, Amarillo, TX 79118
FAQs
What type of property is this?
Warehouse - Versatile 4,800 sqft warehouse suitable for various industrial uses.
Where is this warehouse located?
The property is located at 1802 SE 22nd Ave Amarillo, TX.
What is the asking price?
The asking price for this property is $552,000.
What are key features of this property?
This property features: 4,800 sqft of open, flexible warehouse space suitable for various industrial uses.; Convenient location near major transportation routes for easy accessibility.; Equipped with **high ceilings, large roll‑up doors, and sturdy concrete floor.**
