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$1,419,631

NAL Estimated Property Value

12177 Fm 2590, Amarillo, TX, 79119

Off MarketInfo
Baths0 Bath
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size4 acres

Land Information

APN000000314433
Land UseOffice
Legal DescriptionSECT 35 B S & F BLK 0009, IRREG TR BEG APPRX 706.35FT S OF SW COR OF LOT 3 BLK 1 PETE MOORE'S SUB # 1, 4.0000 ACRES
Census Tract021707
Assessed Land Value$86,675
Assessed Improvement Value$1,332,956
Assessment Year2025

About this property

Exceptional commercial listing on the rapidly growing FM 2590/VFW Road corridor. This property features eight newly constructed 40 x 60 commercial shops, each equipped with amenities including overhead doors, bathrooms, and, spray foam insulation and additional 9 acres for potential future development. Strategic Location: Situated on a high-traffic, expanding road, ensuring excellent visibility and accessibility. Turnkey Shops: Each unit is designed to meet contemporary business needs with overhead doors for easy access, dedicated bathrooms, and superior insulation for energy efficiency. The existing shops are 100% occupied, demonstrating strong demand and a vibrant business environment. Expansion Potential: The additional 9 acres of land are primed for future growth.

Investor Tools

Property Icon
$1,419,631
Estimated Property Value
$0Estimated Mortgage Balance
$1,419,631Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,600 /month
Positive
Cash Flow Estimate:
$5,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,319/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$1,419,631
2025
$86,675
$1,332,956
$1,419,631
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$1,419,631

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,419,631
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Amarillo

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12177 Fm 2590 | Property Details | No Agent List