11250 W Lake Rd, Abilene, TX
Retail space renovated in 2022 near Fort Phantom Lake.
- Added:
- Mar 12, 2025
- Days on Market:
- 455
- Last Refresh:
- May 19 at 8:30 pm
Property Features for 11250 W Lake Rd
General Information
- Standard status
- Active
- Size
- 1,600 SF
- Lot size
- 2.42 Acres
- Property subtype
- RETAIL
Listing agent Matthew Muzechenko License ##570282 (325) 439-1420
Listing office Paul Johnson & Associates (325) 439-1420
Listing date Mar 12, 2025
Source Moodyscre
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
HighLights
- Renovated in 2022
- Situated on 2.11 Acres
- 1,600 SF of space
- Located at Fort Phantom Lake
- Located at West Lake Rd
Overview
Local Financial Insights For 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 | $21.1k | $13.20 |
| − Vacancy | −$1.7k | −$1.06 |
| EGI | $19.4k | $12.14 |
| − OpEx | −$5.8k | −$3.64 |
| NOI | $13.6k | $8.50 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Abilene
- County
- Taylor
- State
- Texas
- Longitude
- -99.6889
- Latitude
- 32.611
