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Former C-Store Corner Location

1002 N Mockingbird Ln Abilene, TX

1002 N Mockingbird Ln, Abilene, TX, 00000
Contact for pricing
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
Listed by Matthew Muzechenko · License ##570282
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 (±1% cap)
NOI $23,976 @ 7.0% cap · market cap 6.50%
Second Best
Retail
$291.5K
$255.0K – $340.0K (±1% cap)
NOI $20,402 @ 7.0% cap · market cap 5.53%
Theoretical Best
Office A
$535.8K
$468.9K – $625.2K (±1% cap)
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

Suggested Use

Real Estate Agency Building Supply Restaurant Dental Office Law Firm Big Box & Wholesale Store Auto Parts Store Kitchen & Bath Showroom Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

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
Contact an agent
(325) 439-1420 Call to check price and availability
More about this property
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