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Property profile

13900 I-27 Amarillo, TX 79119

OFF-MARKET
Warehouses
12,300 SF Built 1978
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Property summary

AI-generated overview

This exceptional 12,300-square-foot industrial property in Randall County, Texas, presents a unique investment opportunity. Situated on 1.08 acres and zoned OCL (Outside City Limits), this property features two buildings totaling 12,300 square feet of vacant space. The first building, constructed in 1978, offers 7,800 square feet, including a 2,500-square-foot office area with a lobby, six private offices, break room, file room, and technical room. This section also boasts HVAC, well and septic systems, and natural gas availability. The adjacent 5,300-square-foot warehouse/shop features a clear span design, divided into two 2,650-square-foot sections, 16-foot sidewalls, three 14' x 14' grade-level doors, a paint bay, floor drains, and gas heating. The second building is a 4,500-square-foot clear span structure with 16-foot sidewalls and four 14' x 14' grade-level doors, two of which are equipped with power openers. The property includes a fenced yard with asphalt and crushed gravel surfacing, paved and striped front parking, and an on-site pole sign. Four drive-in doors provide convenient access. The property is available on a triple net (NNN) lease at a rate of $0.91 per square foot. This versatile space is ideal for a variety of businesses seeking a functional and flexible location.

Property profile

Verified
Property type Warehouses
Year built 1978
Total area 12,300 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

13900 I-27 Amarillo, TX 79119
Amarillo metro
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Value estimations

Realmo proprietary · 4 methods
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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
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