Amarillo Flex Space For
For Sale
$220,000
919 SW 8TH Avenue, Amarillo, TX 79101
COMMERCIAL - Amarillo, TX
Property Size2,100 SF
Price / SF$104.76
Days on Market117
Property Features for 919 SW 8TH Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
0100 - NW Amarillo in City Limits
Directions
Washington and 8th. West to property on south side.
Subdivision
0100 - Plemons
Standard status
Active
APN
216439
Size
2,100 SF
Taxes and HOA fees
Tax Description
PLEMONS, BLK 0097, W 75FT EACH OF 9 & 10 & S PTN OF 8 PLUS IRREG STRIP IN SECT 187 AB&M ADJ THEREON
Legal Description
PLEMONS, BLK 0097, W 75FT EACH OF 9 & 10 & S PTN OF 8 PLUS IRREG STRIP IN SECT 187 AB&M ADJ THEREON
Utilities
Cooling system
Central Air
Building Details
Year built
1945
Flooring type
Tile
Building materials
Block
Listing Agency:
Pace Realty Group
(806) 672-9579
Listed By:
Jarec Pace · License #0652486
(806) 672-9579
Added: Apr 6
Changed: May 14
Last Checked: Jul 31 at 2:06PM
MLS# 26-2080
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 property in Amarillo, Texas, offers flex space with a large, fully fenced lot enclosed by solid metal fencing. The 2,100 square foot property includes three private offices, a reception area, and a large shop. All spaces are equipped with both heating and air conditioning. The roof is fully insulated to reduce energy costs. The property also features three-phase electrical power.
Key Highlights
- Large, fully fenced lot with solid metal fencing.
- Large shop with full heat and air conditioning.
- 3 phase electrical power.
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 | $25.2k | $12.00 |
| − Vacancy | −$2.0k | −$0.96 |
| EGI | $23.2k | $11.04 |
| − OpEx | −$8.1k | −$3.86 |
| NOI | $15.1k | $7.18 |
2,100 SF · lease $12.00/SF/yr · vacancy 8.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$215.3K
$188.4K – $251.2K
NOI $15,070 @ 7.0% cap · market cap 6.85%
Second Best
Industrial
$180.5K
$157.9K – $210.6K
NOI $12,635 @ 7.0% cap · market cap 5.74%
Theoretical Best
Office A
$468.9K
$410.3K – $547.0K
NOI $32,820 @ 7.0% cap · market cap 14.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,369
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79101, TX
2,307
Population
1,309
Households
1.8
Avg Household Size
51
Median Age
15%
College-Educated
81%
High-School Grad
1.6 sq mi
ZIP Area
1,442
Density / Sq Mi
$40,313
Median Household Income
$36,409
Median Earnings
$898
Median Rent
$152,300
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Flex space with large fenced lot and three-phase electrical.
Where is this flex space located?
The property is located at 919 SW 8TH Avenue Amarillo, TX.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Large, fully fenced lot with solid metal fencing.; Large shop with full heat and air conditioning.; 3 phase electrical power.
