Commercial Land with Metal Office
For Sale
$175,000
4840 N 10th Street, Abilene, TX 79603
SINGLE_FAMILY - Abilene, TX
Property Size1,200 SF
Lot Size0.79 Acres
Price / SF$145.83
Days on Market53
Property Features for 4840 N 10th Street
General Information
Property type
Residential
Property subtype
Retail
Zoning description
GC
Parking features
Parking Lot
Subdivision
Farrington Marketing
Directions
From 84 west loop, exit N 10 St. The property is on the north east corner of N 10th and N Danville Dr.
Standard status
Active
APN
17667
Size
1,200 SF
Lot size
0.79 Acres
Taxes and HOA fees
Tax Description
FARRINGTON MARKETING, BLOCK A, LOT 101 REP
Tax Annual Amount
1320
Legal Description
FARRINGTON MARKETING, BLOCK A, LOT 101 REP
Utilities
Sewer type
Public Sewer
Heating system
Zoned, Electric (Heating)
Cooling system
Electric, Zoned
Water source
Public
Building Details
Year built
2023
Floors in Building
1
Number of units
3
Flooring type
Laminate
Building materials
SteelSiding
Roof type
Metal
Listing Agency:
KW SYNERGY* · Keller Williams Realty
(325) 692-4488
Listed By:
Karlena Brooks · License #0818139
(325) 692-4488
Added: Jun 11
Changed: Aug 1
Last Checked: Aug 2 at 3:06AM
MLS# 21293365
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Hard-corner commercial property on a fenced corner lot offering multiple points of ingress and egress. A professionally finished metal building of approximately 500 square feet has been converted into a functional four-room office space, with a reception and waiting area, a main office, additional private office space, a storage and coffee room, and a restroom. Construction includes steel siding and a metal roof, with laminate flooring and zoned electric heating and electric cooling.
The property includes two additional metal buildings measuring approximately 10' x 12' and 30' x 20' for storage, equipment, inventory, workshop use, or future business operations. It sits on the east side of Hwy 277 North near Stafford Elementary School and the Boys & Girls Club of Abilene, with parking in a parking lot. Utilities include public water and public sewer.
Zoned General Commercial and General Retail, the site supports a range of commercial uses, and its corner placement provides operational flexibility for day-to-day access and traffic flow.
The property includes two additional metal buildings measuring approximately 10' x 12' and 30' x 20' for storage, equipment, inventory, workshop use, or future business operations. It sits on the east side of Hwy 277 North near Stafford Elementary School and the Boys & Girls Club of Abilene, with parking in a parking lot. Utilities include public water and public sewer.
Zoned General Commercial and General Retail, the site supports a range of commercial uses, and its corner placement provides operational flexibility for day-to-day access and traffic flow.
Key Highlights
- Fenced corner lot with multiple points of ingress and egress
- 0.794‑acre corner commercial site with parking lot
- Approximately 500 SF finished metal building converted to four‑room office
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.9k | $17.40 |
| − Vacancy | −$3.1k | −$2.61 |
| EGI | $17.7k | $14.79 |
| − OpEx | −$4.4k | −$3.70 |
| NOI | $13.3k | $11.09 |
1,200 SF · lease $17.40/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$190.2K
$166.4K – $221.9K
NOI $13,311 @ 7.0% cap · market cap 7.61%
Second Best
Retail
$145.7K
$127.5K – $170.0K
NOI $10,201 @ 7.0% cap · market cap 5.83%
Theoretical Best
Office A
$267.9K
$234.4K – $312.6K
NOI $18,755 @ 7.0% cap · market cap 10.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Office units
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
402
Businesses Nearby
Explore this area
Business Placement
Demographics for 79603, TX
23,746
Population
9,960
Households
2.4
Avg Household Size
35
Median Age
17%
College-Educated
83%
High-School Grad
59.2 sq mi
ZIP Area
401
Density / Sq Mi
$53,579
Median Household Income
$32,339
Median Earnings
$1,022
Median Rent
$114,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Hard-corner commercial lot with a finished metal office and additional metal outbuildings, zoned General Commercial/General Retail.
Where is this commercial land located?
The property is located at 4840 N 10th Street Abilene, TX.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Fenced corner lot with multiple points of ingress and egress; 0.794‑acre corner commercial site with parking lot; Approximately 500 SF finished metal building converted to four‑room office
