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    Canyon, TX
    Strip Mall

    Canyon, TX Strip Malls for Sale

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    Amarillo, TX Happy, TX Wildorado, TX
    Retail Property with Diverse Tenants
    Updated: May 3, 2025
    Retail Property with Diverse Tenants

    1512 5th Ave, Canyon, TX

    $2,435,000
    10,432 sqft · 0.39 AC lot
    Diverse tenant line‑up promoting crossover exposure.
    NNN leases limiting expense leakage.
    Scheduled rental increases during initial terms.
    Scheduled rental increases during option periods.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1512 5th Ave, Canyon, TX

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    • Est. Cap Rate

      5.8%
      NOI ÷ price

    • Est. NOI

      $141K
      Annual

    • Price @ 7% Cap

      $2.02M
      Suggested

    • Property Type

      Community Center (Exempt)
      Built 2016
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    Canyon, TX Commercial Development Tract
    Updated: Jan 30
    Canyon, TX Commercial Development Tract

    PD Creek Business Park, Canyon, TX 79015

    $963,547
    6.32 AC lot
    Prime retail location in Palo Duro Creek Business Park.
    Zoned RC‑2 Commercial District, allowing for various business types.
    Water and sewer utilities available on the property.
    Enjoy views of Palo Duro Creek Golf Course and the creek.
    Potential for restaurant, strip mall, or office buildings.
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    Palo Duro Creek Development Tracts
    Palo Duro Creek Development Tracts

    Pd Creek Business Park, Canyon, TX 79015

    $963,547
    6.32 AC lot

    6.32 acres in prime retail location with development potential.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Canyon, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multi-Building Retail Office Units
    Multi-Building Retail Office Units

    6103 S Coulter Street, Amarillo, TX 79119

    $2,500,000
    10,402 sqft

    Two 2015 buildings with individually metered utilities and multiple flexible commercial spaces along high-traffic access.

    View details
    Retail Center on 34th Street
    Retail Center on 34th Street

    2621 34th St, Lubbock, TX

    $369,000
    4,000 sqft · 0.17 AC lot

    Retail center with two spaces available for sale or lease.

    View details
    Shadow-Anchored Grocery Retail Strip
    Shadow-Anchored Grocery Retail Strip

    3562 South Soncy Road, Amarillo, TX 79119

    $7,993,262
    22,329 sqft

    Retail strip center with a grocery shadow anchor, offering a neighborhood-style tenant environment.

    View details
    Lubbock Strip Center For Sale
    Lubbock Strip Center For Sale

    2225-2231 34th St, Lubbock, TX

    $450,000
    5,625 sqft · 0.22 AC lot

    Strip center in high-traffic area, great investor opportunity.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Canyon, TX Commercial Land
    Canyon, TX Commercial Land

    PD Creek Business Park, Canyon, TX 79015

    $963,547
    6.32 AC lot

    6.32 acres in prime retail location, zoned RC-2.

    View details
    Commercial Land in Clovis, NM
    Commercial Land in Clovis, NM

    1720 N Prince Street, Clovis, NM 88101

    $499,000
    0.64 AC lot

    Commercial land with frontage on Prince Street, suitable for development.

    View details
    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    2905 1st, Woodward, OK 73801

    $885,000
    8.85 AC lot

    Highly visible commercial land adjacent to Walmart Supercenter.

    View details
    Corner Commercial Land Site
    Corner Commercial Land Site

    6774 SOUTHWEST PARKWAY, Wichita Falls, TX 76310

    $695,000
    1.33 AC lot

    Corner lot at a major 4-way intersection with adjacent acreage available for flexible commercial development.

    View details

    Canyon, TX Strip Malls Market Trends and Statistics

    Explore 3 strip malls for sale in Canyon, TX, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 10,432 square feet of properties for sale, with an estimated market value of $2,435,000.

    Sale prices for retail strips in Canyon, TX start at $2,435,000, averaging $2,435,000, and reaching up to $2,435,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 2

    Demographics Overview

    Population 24K
    Population Growth (5Y) +4.6%
    Median Household Income $81,351
    College Educated 28.0%

    High-Yield Neighborhoods for Investment

    Identify Canyon submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    79015 $963.5K

    Taxes & Financing

    Tax Rate (average for all types) 1.34%
    Property Tax per SF $22.89 per SF
    Tax Rate vs County Average 0.15 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Randall County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Randall County

    Office

    Residential Income

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