request_info_guest false

Amarillo Self Storage

Market Price

700 N Houston St, Amarillo, TX 79107

Active
Last Updated: 04/04/2025

5

Cap Rate

42,447.2112

NOI

Details:
Cap Rate:    5%
NOI:    $42,447.21
Building Size:    13,680 sqft
Lot Area:    0.86 acres
Occupancy:    72%
Year Built:    2004
Floors:    1
Highlights:
  • 13,680 SF building
  • Over 60,000 people within 3 miles
  • Only 4.43 SF per person Supply
  • 72% occupancy rate
Description:

Explore the potential of this prime investment opportunity in Amarillo, Texas. This listing features a well-maintained 13,680 SF property, constructed in 2004, and zoned MF1. Amarillo Self Storage is paved and fenced with an automated gate. There is a growing population of over 60,000 people and only a 4.43 SF per person supply within a 3-mile radius. The property's strategic location provides favorable accessibility to key transportation routes, making it an ideal choice for both tenants and suppliers. Don't miss out on the chance to acquire a property with a solid foundation and significant potential for growth in the thriving Amarillo market.

The estimated population of Amarillo is 200,393, representing nearly half of the Texas Panhandle’s population. As of 2020, the Amarillo metropolitan area has a population of approximately 308,297.

Amarillo is known as "Rotor City, USA" due to its V-22 Osprey hybrid aircraft assembly plant. The city also boasts one of the largest meat-packing operations in the United States, along with one of the most productive helium fields in the country. Additionally, Pantex, the only nuclear weapons assembly and disassembly facility in the U.S., is a significant employer in Amarillo.

U.S. Routes 60, 87, 287, and 66 intersect in Amarillo, making it a key stop for tourists with its many motels, restaurants, and curio shops.

Amarillo is also home to approximately 10,000 college students across several higher education institutions, including Amarillo College, Wayland Baptist University, and the Texas Tech University Health Sciences Center (TTUHSC) Amarillo campus.

Nearby attractions such as the iconic Cadillac Ranch and Palo Duro Canyon State Park draw visitors to the area, contributing to the local economy.

Map:
Documents:
Title
Amarillo_Self_Storage_OM.pdf
View
Amarillo_Self_Storage_OM.pdf
View
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery