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Investment Highlights

  • Right off of Ridgemere Blvd

Executive Summary

Investment property in excellent condition. Has been leased to the same national company for over 25 years. Estimated net operating income $22,356 annually.
8,450 SF industrial building
Prime location in Amarillo
Ideal for warehouse/distribution use
Spacious interior for efficient operations
Modern and well-maintained facility
Ample parking and loading/unloading space
Close proximity to major transportation routes
Flexibility for various industrial applications
Strong potential for business growth

Attachments

Brochure

Property Facts

Price $295,000
Price Per SF $34.91
Sale Type Investment
Cap Rate 8%
Property Type Flex
Property Subtype Flex Research & Development
Building Class C
Lot Size 0.49 AC
Rentable Building Area 8,450 SF
No. Stories 1
Year Built 1980
Zoning I2

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Wholesaler
  • -
  • -
  • -

Applied Industrial Technologies began in 1923 as The Ohio Ball Bearing Company and later adopted its current name to reflect a broader industrial product mix. The company has grown into a value-added distributor and technical solutions provider serving industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies. Its business spans bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, and aftermarket repair and support services for industrial and OEM customers. Applied also supports customers with engineering, design, systems integration, and inventory management services across a wide network of operating facilities in North America and select international markets.

Tenant Industry SF Occupied Rent/SF Lease End
Wholesaler - - -
Somewhat walkable
30/100
Very drivable
80/100
Minimal public transit
10/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
R-052-9000-1950-0
Land Assessment
$10,455
Improvements Assessment
$166,137
Total Assessment
$176,592
  • Listing ID: 40108857

  • Date on Market: 4/10/2026

  • Last Updated:

  • Address: 2411 Ridgemere Blvd, Amarillo, TX 79107

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