Flex Space with
New
For Sale
$1,400,000
1541 S Treadaway Blvd, Abilene, TX 79602
Renovated interiors combine customer-facing display space with insulated, climate-controlled warehouse capacity.
Property Size6,142 SF
Price / SF$227.94
Days on Market7
Property Features for 1541 S Treadaway Blvd
General Information
Standard status
Active
Size
6,142 SF
Property subtype
Commercial
Site & Location
Neighborhood
South Treadaway Area
Road Access
Yes
Additional Details
Conditioned Warehouse
Yes
Building Details
Year Built
1955
Listing Agency:
Tommy Simons (office)
Listed By:
Tommy Simons · License #0583499
(325) 721-8800
Source:
Tylerhomeguide
Added: Oct 22
Changed: Oct 26
Last Checked: Oct 26 at 3:51PM
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 Tommy Simons (office)
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Investment Insights
Based on property information with market context.
This 6,142-square-foot flex property includes a showroom, two upstairs offices overlooking the main floor, and two restrooms. The insulated warehouse is climate controlled and features a double-wide roll-up door, industrial ceiling fans, and upgraded LED lighting. The building was constructed in 1955 and has been renovated throughout.
The property sits on S Treadaway Boulevard in Abilene, along a major industrial thoroughfare and on a curve. The sale includes the building and land only; the business is not included and will relocate.
The property sits on S Treadaway Boulevard in Abilene, along a major industrial thoroughfare and on a curve. The sale includes the building and land only; the business is not included and will relocate.
Key Highlights
- 6,142 square feet of flex space
- Showroom with two upstairs offices overlooking the main floor
- Insulated, climate‑controlled warehouse with a double‑wide roll‑up door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,212
Cap Rate
3.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,044,240
$1.0M
Cap Rate 7%
$745,886
$745.9K
Cap Rate 9%
$580,133
$580.1K
Market Conditions
NOI Build-Up for 6,142 SF
Gross rent
$81.1K $13.20/SF
− Vacancy
−$6.5K −$1.06/SF
EGI
$74.6K $12.14/SF
− OpEx
−$22.4K −$3.64/SF
NOI
$52.2K $8.50/SF
Area
Abilene, TX
Vacancy
8.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,044,240
Cap Rate 7%
$745,886
Cap Rate 9%
$580,133
Alternative Uses
Best Use
Retail
$745.9K
$652.7K – $870.2K
NOI $52,212 @ 7.0% cap · market cap 3.73%
Second Best
Flex RnD
$739.8K
$647.4K – $863.1K
NOI $51,788 @ 7.0% cap · market cap 3.70%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $95,992 @ 7.0% cap · market cap 6.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
424
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 79602, TX
25,389
Population
11,127
Households
2.3
Avg Household Size
36
Median Age
34%
College-Educated
91%
High-School Grad
121.7 sq mi
ZIP Area
209
Density / Sq Mi
$84,845
Median Household Income
$39,044
Median Earnings
$1,123
Median Rent
$233,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Joe Allen's Pit Bar-B-Que — 301 S 11th St, Abilene, TX 79602
- Allen's Joe Lytle Bend Pvln — 301 S 11th St, Abilene, TX 79602
- Joe Allen's Catering — 1185 China St, Abilene, TX 79602
Frequently Asked Questions
What type of property is this?
Flex space - Renovated interiors combine customer-facing display space with insulated, climate-controlled warehouse capacity.
Where is this flex space located?
The property is located at 1541 S Treadaway Blvd Abilene, TX.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 6,142 square feet of flex space; Showroom with two upstairs offices overlooking the main floor; Insulated, climate‑controlled warehouse with a double‑wide roll‑up door
