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    Property profile & analytics
    FOR SALE
    Retail space

    100 Westgate Pkwy E, Amarillo, TX 79121

    14,461 SF 1.37 ac lot Built 1989
    Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US82-0252872
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1989
    Total area 14,461 SF
    Lot 1.37 ac (59,677 SF)
    Zoning code PD
    APN R-086-1580-3070
    UPID US82-0252872
    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
    Current use
    Occupant on record · Public records
    • Barnes Jewelry (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $2.15M
    Comparable Approach Comparable
    $2.20M
    Blend (final) Blend
    $2.18M
    Owner & transaction history
    Barnes Jewelry LLC · 7 yrs held
    Barnes Jewelry LLC
    since 2019
    4 recorded transactions
    2019
    2005
    1969
    1969
    Zoning & alternative use
    PD · Amarillo, TX
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $2.4M +74.4%
    Restaurant $1.7M +27.9%
    Auto repair, garage $1.5M +10.7%
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    More about this property
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