Property profile

12980 Wandering Rd Amarillo, TX 79118

OFF-MARKET
Retail properties & Spaces
5,940 SF 0.69 ac lot Built 2012
Saved · see the list in your Dashboard

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

Location

12980 Wandering Rd Amarillo, TX 79118
Amarillo metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12980 Wandering Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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