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    Move-In Ready Salon Building Title is generated by Realmo AI

    1207 Avenue D, Abernathy, TX 79311

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    For Sale
    $99,900

    COMMERCIAL - Abernathy, TX

    Property size:
    648 SF
    Lot size:
    0.28 Acres
    Price / SF:
    $154/SF
    Added:
    May 28, 2026
    Days on Market:
    8
    Last Refresh:
    Jun 4 at 12:06 am

    Property Features for 1207 Avenue D

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Security features
    Security System
    Standard status
    Active
    APN
    49640
    Size
    648 SF
    Lot size
    0.28 Acres

    Taxes and HOA fees

    Tax Description
    OT ABY BLK 49 S/2 LOT 6, N15' LOT 7
    Tax Annual Amount
    490

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Ceiling Fan(s), Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    1958
    Floors in Building
    1
    Flooring type
    Tile, Vinyl
    Building materials
    Block, Concrete

    We can help!

    Listing Contact
    Nan Riley
    Nan Riley

    Listing agent Nan Riley License #0461193

    Listing office Realty Refined 6401 107th Street, Ste 100, Lubbock, TX

    Listing date May 28, 2026

    MLS# 202607358

    Copyright © 2026 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Operational nail/beauty salon with a front room, large back room, small facial room, and bathroom
    • 50 amp RV hook‑up on the back plus ample front and back parking
    • Built in 1958 with cinder block construction and thermoplastic roofing
    • Central heat & air with central air and electric heating; ceiling fans included
    • Public water and public sewer; tile and vinyl plank flooring
    • Recent interior and exterior paint; some equipment and furniture negotiable

    Overview

    This move-in ready property is currently operating as a nail/beauty salon and is designed for a straightforward customer flow. The interior includes a spacious front room for nails and hair, a large back room, a small room used for facials, and a bathroom. Finishes and updates include recent interior and exterior paint, tile and vinyl plank flooring, and central heat and air. The structure features thermoplastic roofing and cinder block construction, and there is also a 50 amp RV hook up on the back. The property’s footprint is approximately 648 square feet on a 0.28-acre lot, and some equipment and furniture are negotiable.

    Located at 1207 Avenue D in Abernathy, Texas, the property is presented as a high-visibility, easy-access option for a new or expanding operator. It offers ample front and back parking, supporting an on-site, appointment-based business model and offering convenience for customers and staff. The large lot is also noted as being able to serve a wide range of uses.

    With its existing salon layout, built-in back-of-house space, and practical parking arrangement, this property is a strong fit for tenants or buyers looking for a service business space that can be occupied quickly. The combination of flexible use options and an operational setup makes it especially relevant for beauty, nail, and spa-type operations, as well as other compatible service uses that benefit from a ready-to-go interior and accessible exterior parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Spa & wellness properties

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Abernathy
    County
    Hale
    State
    Texas
    Longitude
    -101.84333
    Latitude
    33.835898

    Nearby Similar for Sale

    • $1,750,000
      18,988 SF

      Abernathy Investment Opportunity

      Three buildings including retail, shop, living space, and warehouse.
      932 W. I-27 Service Rd, Abernathy, TX 79311
      View Details
    • $65,000

      Abernathy Commercial Property For Sale

      Versatile commercial property in Abernathy, ideal for retail or office.
      403 1st Pl, Abernathy, TX
      View Details

    FAQs

    What type of property is this?
    Spa & wellness property - Operational nail and beauty salon with flexible interior layout, central HVAC, and ample parking for service-oriented businesses.
    Where is this spa & wellness property located?
    The property is located at 1207 Avenue D Abernathy, TX.
    What is the asking price?
    The asking price for this property is $99,900.
    What are key features of this property?
    This property features: Operational nail/beauty salon with a front room, large back room, small facial room, and bathroom; 50 amp RV hook‑up on the back plus ample front and back parking; Built in 1958 with cinder block construction and thermoplastic roofing
    (806) 239-7256
    We can help!
    Listing Contact
    Nan Riley
    Nan Riley
    Real Estate License ID: 0461193
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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