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    OFF-MARKET
    Retail properties & Spaces

    12980 Wandering Rd, Amarillo, TX 79118

    5,940 SF 0.69 ac lot Built 2012
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a four-unit hangar complex ideally situated at 12980 Wandering Rd, Amarillo, TX 79118, within the River Falls HOA. Built in 2012, this property boasts a total of 5,940 square feet across four individual units, each measuring 33x45 feet. Each unit features 41-foot hangar doors, providing ample space for aircraft storage and maintenance. The property sits on a 0.69-acre lot and offers convenient taxiway access directly to Rivers Falls Airport-H81. The hangars are equipped with full electrical service, including 110 and 220-volt plugs, and automatic doors for ease of access. Security is ensured with locked gates surrounding the property. The asking price for this turnkey investment is $295,000, representing a price per square foot of $1. This is a rare opportunity to acquire a well-maintained, strategically located hangar complex with excellent access to airport facilities. Don't miss out on this chance to own a piece of Amarillo's aviation infrastructure.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2012
    Total area 5,940 SF
    Lot 0.69 ac (30,056 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
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