Former C-Store Corner
1002 N Mockingbird Ln Abilene, TX
1002 N Mockingbird Ln, Abilene, TX, 00000
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For Sale
Contact for pricing
Former convenience store with excellent visibility and access.
Property Size2,400 SF
Lot Size0.36 Acres
Price / SF$153.75
Days on Market234
Property Features for 1002 N Mockingbird Ln
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 0.36 Acres
- Property subtype
- RETAIL
Listing Agency
Paul Johnson & Associates
(325) 439-1420
Listed by
Matthew Muzechenko · License ##570282
(325) 439-1420
Source
Moodyscre
Added: Nov 25, 2025 Checked: Jul 17 at 4:17 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Paul Johnson & Associates
Investment Insights
Based on property information with market context.
This property is a former convenience store located at the northwest corner of N. 10th and Mockingbird Ln. The property size is 2,400 square feet. It features excellent visibility and access.
Key Highlights
- NW corner location
- Excellent visibility
- Excellent access
Local Financial Insights For Specialty Retail
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 | $34.6k | $14.40 |
| − Vacancy | −$2.6k | −$1.08 |
| EGI | $32.0k | $13.32 |
| − OpEx | −$8.0k | −$3.33 |
| NOI | $24.0k | $9.99 |
2,400 SF · lease $14.40/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$342.5K
$299.7K – $399.6K
NOI $23,976 @ 7.0% cap · market cap 6.50%
Second Best
Retail
$291.5K
$255.0K – $340.0K
NOI $20,402 @ 7.0% cap · market cap 5.53%
Theoretical Best
Office A
$535.8K
$468.9K – $625.2K
NOI $37,509 @ 7.0% cap · market cap 10.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
ALON
Grocery & Convenience Store
Western Union
Bank
Allsup's Convenience Store
Grocery & Convenience Store
Coin Cloud Bitcoin ...
Atm
LibertyX Bitcoin ATM
Atm
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FAQs
What type of property is this?
Grocery and convenience store - Former convenience store with excellent visibility and access.
Where is this grocery and convenience store located?
The property is located at 1002 N Mockingbird Ln Abilene, TX.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: NW corner location; Excellent visibility; Excellent access