Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    12760 I-27 Amarillo, TX 79119
    Back to Search
    Property profile & analytics

    12760 I-27, Amarillo, TX 79119

    View on Map
    • Industrial properties
    • 7,500 SF
    • 4.34 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 12760 I-27

    Year built
    2019
    Lot size
    4.34 lot acres
    Property type
    Industrial properties
    Property subtype
    Distribution centers

    Description

    This fee-simple industrial property in Amarillo, Texas offers a compelling investment opportunity. The 7,500-square-foot distribution center sits on a 4.34-acre lot at 12760 I-27, Amarillo, TX 79119. Built in 2019 and renovated in 2020, the property is currently under a 15-year absolute triple-net (NNN) lease with EquipmentShare, commencing October 1, 2021, and expiring September 30, 2036. This leaves approximately 11.9 years remaining on the primary lease term. The current annual net operating income (NOI) is $228,467, resulting in a 6.65% capitalization rate based on the asking price of $3,435,593. The lease includes two five-year renewal options, potentially extending the lease term to 25 years. Annual rent increases of 1.7% are scheduled to begin in year six and continue throughout the base term and renewal options. This property presents a strong, long-term investment with a stable tenant and attractive financial metrics. The price per square foot is $458.08. The property is located in Randall County and offers significant potential for future appreciation.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.919
    Latitude
    35.0779

    Comparable in this City

    • Value Estimation by Request
      19,200 SF

      12177 Fm 2590

      Distribution properties
      12177 Fm 2590, Amarillo, TX 79119
      View Details
    • Value Estimation by Request
      8,620 SF

      12828 I-27

      Distribution properties
      12828 I-27, Amarillo, TX 79119
      View Details
    • Value Estimation by Request
      14,400 SF

      8480 81St Ave

      Distribution properties
      8480 81St Ave, Amarillo, TX 79119
      View Details
    • Value Estimation by Request
      12,300 SF

      13900 I-27

      Distribution properties
      13900 I-27, Amarillo, TX 79119
      View Details
    • Value Estimation by Request
      5,910 SF

      12206 Interstate 27

      DISTRIBUTION WAREHOUSE
      12206 Interstate 27, Amarillo, TX 79119-2530
      View Details
    • Value Estimation by Request
      13,350 SF

      13400 Interstate 27

      DISTRIBUTION WAREHOUSE
      13400 Interstate 27, Amarillo, TX 79119-2534
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,000 SF

      Industrial Space with Modern Finishes

      6,000 SF industrial space with office and warehouse.
      7617 Jackelope Trl, Amarillo, TX 79119
      View Details
    • $999,000
      5,100 SF

      Functional Warehouse Near I-27

      Spacious warehouse with offices, high ceilings, and convenient highway access.
      7633 Jackelope Trl, Amarillo, TX 79119
      View Details
    • $1,600,000

      Amarillo Flex Space - $1.6M

      Versatile Amarillo industrial flex space, ideal for multiple tenants.
      19300 County Road 34, Amarillo, TX 79119
      View Details
    • Contact for pricing
      19,200 SF

      Commercial Shops on FM 2590

      Eight commercial shops with expansion potential on 11 acres.
      12177 Fm 2590, Amarillo, TX 79119
      View Details
    • Contact for pricing
      1.10 Acres

      Amarillo Commercial Land - Loop 335

      Prime Amarillo land, multiple lots available.
      NEC New Loop 335/Helium Rd & Hollywood Rd, Amarillo, TX 79119
      View Details
    • Contact for pricing
      0.84 Acres

      Amarillo Commercial Land - Prime Location

      High-visibility lot, ready for development.
      0 Of Hillside, Amarillo, TX 79119
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,500 SF

      New Construction Affordable Warehouse Space

      New construction warehouse space available for lease in Amarillo, TX.
      7684 SW 81St Ave, Amarillo, TX 79119
      View Details
    • Contact for pricing

      Industrial Space Available For Rent

      Industrial space available for rent, approximately 5,000 square feet.
      12941 Longoria Rd, Amarillo, TX 79119
      View Details
    • Contact for pricing
      2,400 SF

      Amarillo Warehouse with Overhead Doors

      2400 SF warehouse space with utilities included and two doors.
      8101 S Loop 335 W, Amarillo, TX 79119
      View Details
    • Contact for pricing

      New Construction Affordable Warehouse Space

      Available new construction warehouses in an affordable development for lease.
      7684 SW 81St Ave, Amarillo, TX 79119
      View Details
    • Contact for pricing
      5,000 SF

      Versatile Flex Space For Rent

      Flex space with customizable interiors and included utilities for rent.
      7871 Longoria Rd, Amarillo, TX 79119
      View Details
    • Contact for pricing

      Shop Warehouse Property For Rent

      Multi-unit shop warehouse property suitable for various business operations.
      8480 SW 81St Ave, Amarillo, TX 79119
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12760 I-27
    Amarillo, TX 79119
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    12760 I-27, Amarillo, TX, 79119
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!