Amarillo Commercial Property For
For Sale
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4710 Bell St, Amarillo, TX 79109
8,000 SF commercial property in Amarillo, Texas for sale.
Property Size8,000 SF
Lot Size0.60 Acres
Price / SF$312.50
Days on Market678
Property Features for 4710 Bell St
General Information
Standard status
Active
Size
8,000 SF
Class
A
Lot size
0.60 Acres
Property subtype
Retail
Building Details
Year Built
2014
Buildings
1
Stories
1
Listing Agency:
FIMC Commercial Realty
(806) 358-7151
Listed By:
Bill Chudej · License #TX 331043
Source:
Crexi
Added: Oct 21, 2024
Changed: Aug 23
Last Checked: Aug 28 at 11:12AM
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 FIMC Commercial Realty
Investment Insights
Based on property information with market context.
Located in Amarillo, Texas, the property at 4710 S BELL is a steel building constructed in 2014. The 8,000 SF structure includes a showroom, office space, and warehouse. The property is situated on a 0.60-acre lot with a concrete parking lot. It features one 14-foot overhead door and 18 parking spaces. The location benefits from high traffic, with approximately 38,374 cars passing by daily. The property is located in the SW Amarillo area and is intended for various commercial uses, offering visibility and accessibility to attract customers.
Key Highlights
- High‑traffic location: 38,374 cars pass by daily, ensuring excellent visibility.
- Spacious 8,000 SF steel building features showroom, office, and warehouse space.
- Ample parking with 18 spaces and a concrete parking lot.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$91,800
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,836,000
$1.8M
Cap Rate 7%
$1,311,429
$1.3M
Cap Rate 9%
$1,020,000
$1.0M
Market Conditions
NOI Build-Up for 8,000 SF
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.
Gross rent
$144.0K $18.00/SF
− Vacancy
−$21.6K −$2.70/SF
EGI
$122.4K $15.30/SF
− OpEx
−$30.6K −$3.82/SF
NOI
$91.8K $11.48/SF
Area
Amarillo, TX
Vacancy
15.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,836,000
Cap Rate 7%
$1,311,429
Cap Rate 9%
$1,020,000
Alternative Uses
Best Use
Office B
$1.31M
$1.15M – $1.53M
NOI $91,800 @ 7.0% cap · market cap 3.67%
Second Best
Retail
$1.10M
$966.0K – $1.29M
NOI $77,280 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$1.79M
$1.56M – $2.08M
NOI $125,030 @ 7.0% cap · market cap 5.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
268
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79109, TX
42,509
Population
20,308
Households
2.1
Avg Household Size
39
Median Age
33%
College-Educated
93%
High-School Grad
10.3 sq mi
ZIP Area
4,127
Density / Sq Mi
$68,579
Median Household Income
$41,410
Median Earnings
$945
Median Rent
$217,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Showroom - 8,000 SF commercial property in Amarillo, Texas for sale.
Where is this showroom located?
The property is located at 4710 Bell St Amarillo, TX.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: High‑traffic location: 38,374 cars pass by daily, ensuring excellent visibility.; Spacious 8,000 SF steel building features showroom, office, and warehouse space.; Ample parking with 18 spaces and a concrete parking lot.
