100 W Westgate Pkwy Amarillo, TX 79121
For Sale
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This exceptional 14,461 square foot retail property presents a unique investment or leasing opportunity. Located on Westgate Parkway, this single-tenant building boasts a highly desirable location near Interstate 40 and Westgate Mall, ensuring high visibility and significant foot traffic. The property features two convenient front entrances, providing easy access for customers. Ample parking is available, enhancing the convenience for both employees and patrons. Inside, the building offers 11 well-appointed offices, four bathrooms, and multiple storage rooms, providing versatile space for a variety of business needs. The property benefits from a well-maintained HVAC system for climate control, a recently replaced hot water heater (2021), and a newer roof (2017), minimizing maintenance concerns. Its strategic location near popular national retailers such as Target and Best Buy further enhances its appeal and potential for success. This property is ideally suited for a business seeking a prominent presence in a thriving commercial area with excellent accessibility and high traffic counts. The combination of its prime location, modern amenities, and functional layout makes this an exceptional opportunity for growth and profitability. This is a rare chance to acquire a well-maintained, high-traffic retail space in a sought-after location.
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Barnes Jewelry (Bike/Boat/Book/etc) Store
remelting purposes, which is located in the A, GR, LC, CB, HC, I-1 and PD Zoning Districts. It also does not include the incidental outdoor display of commodities for retail sale where the use is permitted by section 4-10-82 in a GR General Retail District. Where either this designation of an open storage activity or another designation might apply, the more…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PD · Amarillo, TXremelting purposes, which is located in the A, GR, LC, CB, HC, I-1 and PD Zoning Districts. It also does not include the incidental outdoor display of commodities for retail sale where the use is permitted by section 4-10-82 in a GR General Retail District. Where either this designation of an open storage activity or another designation might apply, the more restrictive shall govern. (89) Secondhand Merchandise Dealers or Storage: The keeping, handling, storage or use of furniture, appliances and/or other merchandise or goods for sale or display. "Secondhand merchandise" is defined as an item which has previously been sold at the wholesale or retail level or previously used by an individual or business. Except in an I-2 Zoning District, any outdoor storage or display of such merchandise shall require visual screening to the standards set out in
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.