Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1900 20Th St Bushland, TX 79124

    • Commercial real estate
    • 20,975 SF
    • 0.48 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1900 20Th St

    Lot size
    0.48 lot acres
    Property size
    20,975 SF
    Property type
    Commercial real estate

    Description

    This exceptional 20,975 square foot commercial property in Bushland, Texas, presents a unique investment opportunity. Situated on a 0.48-acre lot at the highly visible corner of I-40 frontage road and FM 2381, this property boasts unmatched road access and visibility. The existing building features a retail storefront, multiple individual offices, a reception area, a break room, and substantial warehouse storage space, providing versatility for a range of businesses. The property includes a mix of paved, gravel, and caliche driveways and parking lots, enhanced by additional parking area lighting. Four conveniently located fuel pumps are also included on the property. This cornerstone Bushland location offers significant potential for business expansion and increased revenue generation. The property's prime location and existing infrastructure make it an ideal platform for future growth and development, catering to a variety of commercial uses. The combination of retail space, office space, warehouse storage, and fuel pumps creates a unique and versatile offering in a high-demand area. This is an exceptional opportunity for investors seeking a strong return on investment in a thriving Texas community. The asking price is $1,400,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bushland
    County
    Potter
    State
    Texas
    Longitude
    -102.065
    Latitude
    35.193

    Comparable in this City

    • Value Estimation by Request
      5.00 Acres

      4100 Soncy Rd

      Land • 5.00 Acres
      4100 Soncy Rd, Amarillo, TX 79124
      View Details
    • Value Estimation by Request
      1.45 Acres

      Research And Fleming

      Land • 1.45 Acres
      0 Research And Fleming, Amarillo, TX 79124
      View Details
    • Value Estimation by Request
      16.06 Acres

      Amarillo Blvd At Plum Crk

      Land • 16.06 Acres
      0 Amarillo Blvd At Plum Crk, Amarillo, TX 79124
      View Details
    • Value Estimation by Request
      4.39 Acres

      1903 Simmons Rd

      COMMERCIAL (GENERAL) • 4.39 Acres
      1903 Simmons Rd, Amarillo, TX 79124-1239
      View Details
    • Value Estimation by Request
      2,310 SF

      2101 Adkisson Rd

      COMMERCIAL (GENERAL) • 2,310 SF
      2101 Adkisson Rd, Amarillo, TX 79124
      View Details
    • Value Estimation
      $3,125,000
      31,684 SF

      6800 Plum Crk Dr

      COMMERCIAL (GENERAL) • 31,684 SF
      6800 Plum Crk Dr, Amarillo, TX 79124-1626
      View Details

    Similar Nearby for Sale

    • $4,500,000
      20.00 Acres

      I-40 Amarillo Commercial Land

      20 Acres, High Visibility, I-40 Access
      I-40 Rd, Amarillo, TX 79124
      View Details
    • Contact for pricing
      15.18 Acres

      Amarillo Commercial Land Investment

      15 Acres, Prime Location, High Potential
      3001 Tascosa Rd, Amarillo, TX 79124
      View Details
    • $1,850,000
      52.50 Acres

      Western And Frst

      Multifamily properties • 52.50 Acres
      0 Western And Frst, Amarillo, TX 79124
      View Details
    • $886,184
      2.54 Acres

      Amarillo Retail Land Investment

      Prime 2.5-acre commercial lot, high visibility.
      1491 Tascosa Rd, Amarillo, TX 79124
      View Details
    • Contact for pricing
      16.06 Acres

      Amarillo Blvd Commercial Land

      Prime Retail Development Opportunity
      0 Amarillo Blvd At Plum Crk, Amarillo, TX 79124
      View Details
    • Contact for pricing
      1.00 Acre

      I-40 Amarillo Commercial Land

      Prime Amarillo retail land, I-40 access.
      I-40 Of Soncy, Amarillo, TX 79124
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      2,400 SF

      Amarillo Medical Office Space For Lease

      Class A, 2400 sq ft, Single Tenant
      603 Quail Creek Dr, Amarillo, TX 79124
      View Details
    • $33 SF/Yr
      44,494 SF

      Amarillo Medical Office Building

      44,494 SF Class A Medical Facility in Amarillo, TX
      7501 Wallace Blvd, Amarillo, TX 79124
      View Details
    • $16 SF/Yr
      50,790 SF

      Amarillo Warehouse - 50,790 SF

      Versatile industrial warehouse, prime location.
      10300 I-40 Frontage Rd, Amarillo, TX 79124
      View Details
    • Contact for pricing
      1,360 SF

      Retail Space in Westgate Plaza

      Retail space available in high-traffic Westgate Plaza, Amarillo, TX.
      2710-2912 S Soncy Rd, Amarillo, TX 79124
      View Details
    • $15 SF/Yr
      2,654 SF

      Bushland Restaurant Space For Lease

      Prime Retail Location, High Traffic Area
      1500 Fm 2381, Amarillo, TX 79124
      View Details
    • $24 SF/Yr
      3,936 SF

      Retail Space in Growing Corridor

      Retail space available in Amarillo's growing retail corridor.
      3350 S Soncy Rd, Amarillo, TX 79124
      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.
    1900 20Th St
    Bushland, TX 79124
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.