Amarillo, Texas Commercial Real Estate Market Report

The current inventory of commercial property in Amarillo available on Commrty consists of 110 active listings, all of which are offered for sale. This pool of properties reflects the regional economic focus on the Texas Panhandle, with a diverse mix of asset classes currently accessible to investors. With no new listings added in the last 30 days and all 110 listings appearing within the last 90 days, the marketplace shows a static volume of available assets. Only one transaction has been recorded as sold or leased in the previous 180 days, indicating a deliberate pace of activity within this specific segment of the market. Pricing for properties on Commrty varies significantly across the Amarillo market, spanning from $35,000 to $8.9 million. For the 61 listings that publish a specific asking price, the median figure sits at $825,000. Investors evaluating these opportunities will find a median advertised cap rate of 7.50%. These figures provide a baseline for understanding the current cost of entry and potential yield expectations for buyers targeting this geography. The property composition is dominated by 39 land listings and 31 retail properties, followed by 15 industrial and 13 office spaces. Smaller segments include six multifamily properties, two hospitality assets, two special purpose buildings, and one mixed-use property. This asset mix is well-suited for a variety of users, ranging from developers looking for raw land to operators seeking established retail or industrial footprints. Prospective buyers should utilize these metrics as a snapshot of available inventory to identify properties that align with their specific capitalization requirements and operational needs in the Amarillo region.