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    6801 Bell St Amarillo, TX 79109

    For Sale
    $3,975,000

    Thriving Amarillo retail center, 20,884 SF, 6% cap rate.

    Property size:
    20,884 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Exceptional investment opportunity in Amarillo, Texas, presents the Copper Ridge Center, a multi-tenant retail property totaling 20,884 square feet. This well-maintained shopping center, built in 2001, boasts a desirable location at 6801 Bell S, Amarillo, TX 79109, within Randall County. The property sits on a substantial 80,234 square foot lot and is zoned GR - General Retail, allowing for a variety of retail uses. Currently housing seven (7) units, including established tenants such as Optimal Physical Therapy, Serenity Nails, Green Gorilla, State Farm Insurance, The Sugaring Bar & Boutique, and Pizza Planet, this center offers a strong existing income stream. The asking price is $3,975,000, representing a compelling 6.00% capitalization rate. One available suite (Suite 400) measures 3,000 square feet and features concrete floors, a large open retail area, two water fountains, a private office/storage area, two restrooms, and pole signage. The center benefits from high visibility, ample parking, and excellent accessibility, making it an attractive destination for both tenants and customers. This NNN-leased property provides a stable investment with significant upside potential in a growing Amarillo market.

    Property Features for 6801 Bell St

    General Information

    Property type
    Lifestyle centers
    Square Feet
    20,884 SF

    Building Details

    Year Built
    2001
    Units
    7

    HighLights

    • 20,884 SF multi‑tenant retail center in Amarillo, TX.
    • Located at 6801 Bell S, Amarillo, TX 79109, on an 80,234 SF lot.
    • Built in 2001, zoned GR - General Retail, with seven (7) units and strong existing tenants.
    • Asking price: $3,975,000, offering a 6.00% capitalization rate.
    • One 3,000 SF available suite (Suite 400) with concrete floors, open retail area, private office/storage, and pole signage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Camille Fritzler Physical Therapist SERENITY NAILS AND SPA Nail Salon The Society Barbershop 2 Barber Shop The Society Barbershop Barber Shop Green Gorilla Vaporizer Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.9012568
    Latitude
    35.1386314

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    FAQs

    What type of property is this?
    Lifestyle center - Thriving Amarillo retail center, 20,884 SF, 6% cap rate.
    Where is this lifestyle center located?
    The property is located at 6801 Bell St Amarillo, TX.
    What is the asking price?
    The asking price for this property is $3,975,000.
    What are key features of this property?
    This property features: 20,884 SF multi-tenant retail center in Amarillo, TX.; Located at 6801 Bell S, Amarillo, TX 79109, on an 80,234 SF lot.; Built in 2001, zoned GR - General Retail, with seven (7) units and strong existing tenants.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6801 Bell St Amarillo, TX 79109
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