Versatile Commercial Space, High
3981 Ridgemont Drive, Abilene, TX 79606
4,752 SF commercial space in high-traffic area.
Type:Commercial/Industrial
Property size:
4,752 SFLot size:
0.49 AcresPrice / SF:
$147/SF- Added:
- Mar 12, 2026
- Days on Market:
- 80
- Last Refresh:
- Apr 5 at 9:06 pm
Property Features for 3981 Ridgemont Drive
General Information
- Standard status
- Active
- Size
- 4,752 SF
- Lot size
- 0.49 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1985
Listing agent Sandra Minnick License #0686545
Listing office Berkshire Hathaway HS Stovall (325) 691-1410
Listing date Mar 12, 2026
Source Exitrealty
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 Berkshire Hathaway HS Stovall
HighLights
- Excellent high‑traffic location.
- Benefit from 22 dedicated parking spaces.
- Versatile space featuring office, examination rooms, and a kennel, totaling 4,752 sf.
- Zoned general commercial.
- Adaptable for various business types.
- Proximity to major retailers like Target, Lowe's, and the Mall of Abilene.
Overview
This 4,752 square foot commercial space is located in a high-traffic area and features 22 dedicated parking spaces. Previously used as a veterinary clinic, the property includes office space, examination rooms, and kennel space. The property is zoned General Commercial and is suitable for various types of businesses. The surrounding area includes big box retailers such as Target and Lowe's, the Mall of Abilene, and numerous restaurants.
Local Financial Insights For Healthcare Medical
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 | $96.9k | $20.40 |
| − Vacancy | −$6.3k | −$1.33 |
| EGI | $90.6k | $19.07 |
| − OpEx | −$36.3k | −$7.63 |
| NOI | $54.4k | $11.44 |
4,752 SF · lease $20.40/SF/yr · vacancy 6.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$776.9K
$679.8K – $906.4K
NOI $54,384 @ 7.0% cap · market cap 7.77%
Second Best
Office B
$753.0K
$658.9K – $878.5K
NOI $52,712 @ 7.0% cap · market cap 7.53%
Theoretical Best
Office A
$1.06M
$928.4K – $1.24M
NOI $74,268 @ 7.0% cap · market cap 10.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar Places Nearby
- Big Country Veterinary Clinic — 2426 Industrial Blvd, Abilene, TX 79605
- Buffalo Gap Road Animal Clinic — 4522 Buffalo Gap Rd, Abilene, TX 79606
- Petco Vaccination Clinic — 3542 S Clack St, Abilene, TX 79606
Location Insight
- Map
- Local Demand
- City
- Abilene
- County
- Taylor
- State
- Texas
- Longitude
- -99.7651
- Latitude
- 32.4033
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - 4,752 SF commercial space in high-traffic area.
Where is this medical office space located?
The property is located at 3981 Ridgemont Drive Abilene, TX.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Excellent high‑traffic location.; Benefit from **22 dedicated parking spaces**.; Versatile space featuring office, examination rooms, and a kennel, totaling 4,752 sf.
