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Highway Frontage Commercial Opportunity
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935 FM1151, Amarillo, TX 79118

Commercial property with highway frontage, redevelopment potential, and income opportunities.

Property Size924 SF
Lot Size5.00 Acres
Price / SF$540.04
Days on Market176

Property Features for 935 FM1151

General Information

Standard status Active
Size 924 SF
Lot size 5.00 Acres
Property subtype Retail

Building Details

Year Built 1978
Listing Agency: RockOne Realty
Listed By: Doug Eudey · License #0635298
Source: Crexi
Added: Feb 28 Changed: Aug 15 Last Checked: Aug 22 at 5:57PM

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 RockOne Realty

Investment Insights

Based on property information with market context.

This commercial property, situated on 5 acres, features highway frontage on FM-1151 (Claude Highway). Currently operating as the 'Lone Star Bar & Grill', the property has been in operation since the 1970s. The site includes an additional rental office space and three shipping containers, offering supplemental income potential. The property, with a building size of 924 square feet, offers redevelopment or expansion opportunities. It is suitable for investors, owner-operators, or future commercial development.

Key Highlights

  • Prime 5‑acre commercial property with excellent highway frontage on FM‑1151.
  • Currently operating as the ''Lone Star Bar & Grill'' with established history since the 1970s.
  • Strong visibility and accessibility due to highway frontage.

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick HVAC Service Real Estate Agency Big Box & Wholesale Store Plumbing Service Auto Repair Shop Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

25
Businesses Nearby
Well-served
Demand for This Use

Demographics for 79118, TX

27,608
Population
11,116
Households
2.5
Avg Household Size
35
Median Age
25%
College-Educated
92%
High-School Grad
159.4 sq mi
ZIP Area
173
Density / Sq Mi
$87,011
Median Household Income
$44,141
Median Earnings
$1,328
Median Rent
$224,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Bar & Pub - Commercial property with highway frontage, redevelopment potential, and income opportunities.
Where is this bar & pub located?
The property is located at 935 FM1151 Amarillo, TX.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Prime 5‑acre commercial property with excellent highway frontage on FM‑1151.; Currently operating as the ''Lone Star Bar & Grill'' with established history since the 1970s.; Strong visibility and accessibility due to highway frontage.
More about this property
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