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5005 Lexington Square
Amarillo, TX 79119
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$2,600,000
12177 FM 2590
Amarillo, TX 79119
MLS# 24-7906

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Property Description
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.

Details
Maps
Contract Information
L/A Supervisor: Adrian Farris
L/A Supervisor License Number: 467078
Directions: S Soncy Rd - Loop 335 Continue south under Loop, Soncy turns into VFW / 2590 Rd. Property is located on the left.
Property Information
To Be Auctioned: No
Zone: 2000 - SW of Amarillo City Limits
Photos are Virtually Staged: No
Realtor.COM Type: Commercial
Type: Office/Warehouse
Square Foot Source: Appr Measure
Current Price: $2,600,000
List Price: $2,600,000
Area: 2133 - Boatwright Trew
Status: Active
Year Built: 2023
Taxes and Legal Information
City: Amarillo
Legal: Shepherd Property Investments LLC
House #: 12177
Street Name: FM 2590
State/Province: TX
Postal Code: 79119
County: Randall
Road Frontage
FM Road: 1
Miscellaneous
Overhead Doors: 2
Tenancy Term: 12 mo
Commercial Zoning
Light Commercial: 1
Roof
Metal Roof: 1
Income/Expense
Gross Income: $98,963.88
Net Operating Income: $94,828.70
Total Operating Exp: $4,135.18
Utility Expense: $1,455
Construction
Metal Fab: 1
Utilities Available
Private Water: 1
Septic: 1
Walls
Metal: 1
Tenant/Owner Pd Exp
Building Repairs: Owner
Electric Exp: Tenant
Personal Prop Tax: Tenant
Property Insurance: Owner
Real Estate Taxes: Owner
Water Sewer: Owner
Property Features
Commercial Zoning: Light Commercial
Construction: Metal Fab
Road Frontage: FM Road
Utilities Available: Private Water; Septic
Walls: Metal
Roof: Metal Roof
Listing Office: Keller Williams Realty Amarillo
Listing Agent: Bobby Tyler

Last Updated: September - 12 - 2025

Information deemed reliable but not guaranteed.

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