Restaurant Property with Outdoor
4109 Ridgemont Drive Abilene Abilene, TX 79606
New
4109 Ridgemont Drive Abilene, Abilene, TX, 79606
$2,350,000
For Sale
$2,350,000
Restaurant building built in 1985 with multiple dining rooms, outdoor patio, and dedicated parking.
Property Size8,435 SF
Price / SF$278.60
Days on Market4
Property Features for 4109 Ridgemont Drive Abilene
General Information
- Standard status
- Active
- Size
- 8,435 SF
Building Details
- Year Built
- 1985
Listing Agency
(800) 683-5651
Listed by
Adria Tillman
(800) 683-5651
Source
Jparhouston
Added: Jul 14 Checked: Jul 15 at 2:08 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 Adria Tillman
Investment Insights
Based on property information with market context.
Restaurant property built in 1985 offering a primary dining room flanked by three additional dining rooms and an outdoor patio. A second-story party room is available for private parties and includes both interior and exterior access.
The asset is positioned near the Mall of Abilene, with surrounding national retailers and hotels. Parking for the mall abuts the property along the east and south sides, and the site includes 65 parking spaces in a 25,821 square foot asphalt parking lot.
While the restaurant business is not for sale, the real estate is being offered with a layout designed to support both main dining and private events.
The asset is positioned near the Mall of Abilene, with surrounding national retailers and hotels. Parking for the mall abuts the property along the east and south sides, and the site includes 65 parking spaces in a 25,821 square foot asphalt parking lot.
While the restaurant business is not for sale, the real estate is being offered with a layout designed to support both main dining and private events.
Key Highlights
- Restaurant building built in 1985 with 8,435 SF of interior dining and related space
- Interior layout includes a primary dining room plus three additional dining rooms
- Outdoor patio seating and an additional second‑story party room for private parties (with interior and exterior 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 | $121.5k | $14.40 |
| − Vacancy | −$9.1k | −$1.08 |
| EGI | $112.4k | $13.32 |
| − OpEx | −$28.1k | −$3.33 |
| NOI | $84.3k | $9.99 |
8,435 SF · lease $14.40/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.20M
$1.05M – $1.40M
NOI $84,266 @ 7.0% cap · market cap 3.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.88M
$1.65M – $2.20M
NOI $131,829 @ 7.0% cap · market cap 5.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Casa Herrera Restaurant
Restaurant
Similar For Sale Nearby
Similar Off Market Nearby
- Golden Chopsticks — 4358 Sayles Blvd, Abilene, TX 79605
- Buffet Asia — 3366 John Knox Dr, Abilene, TX 79606
FAQs
What type of property is this?
Conventional restaurant - Restaurant building built in 1985 with multiple dining rooms, outdoor patio, and dedicated parking.
Where is this conventional restaurant located?
The property is located at 4109 Ridgemont Drive Abilene Abilene, TX.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Restaurant building built in 1985 with 8,435 SF of interior dining and related space; Interior layout includes a primary dining room plus three additional dining rooms; Outdoor patio seating and an additional second‑story party room for private parties (with interior and exterior access)
