Flex Space With Loading
For Sale
$650,000
1701 N Treadaway Boulevard, Abilene, TX 79601
Adaptable interior areas include climate-controlled rooms, multiple roll-up doors, and two ADA restroom facilities.
Property Size8,043 SF
Price / SF$80.82
Days on Market47
Property Features for 1701 N Treadaway Boulevard
General Information
Standard status
Active
Size
8,043 SF
Site & Location
Neighborhood
South Treadaway Area
Building Details
Year Built
1957
Listing Agency:
Coldwell Banker Apex, REALTORS
Listed By:
Chad Chaney · License #0588387
(325) 725-6641
Source:
Yourdavisteam
Added: Sep 8
Changed: Oct 12
Last Checked: Oct 7 at 5:06PM
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 Coldwell Banker Apex, REALTORS
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Investment Insights
Based on property information with market context.
This 8,043-square-foot flex property, constructed in 1957, offers open interior areas that can accommodate retail, warehouse, or industrial functions. A rear loading dock and roll-up door support receiving, while a second ground-level roll-up door is positioned along the south wall. Wide interior openings connect the building’s various areas and facilitate movement of products or mobile equipment.
Climate-controlled rooms occupy the southwest corner of the property. The building also includes two ADA restroom spaces, configured to provide separate men’s and women’s facilities. The combination of open areas, loading access, connected interior spaces, and dedicated climate-controlled rooms provides a functional foundation for a range of commercial operations.
Climate-controlled rooms occupy the southwest corner of the property. The building also includes two ADA restroom spaces, configured to provide separate men’s and women’s facilities. The combination of open areas, loading access, connected interior spaces, and dedicated climate-controlled rooms provides a functional foundation for a range of commercial operations.
Key Highlights
- 8,043 SF flex property constructed in 1957
- Rear loading dock with roll‑up door
- Ground‑level roll‑up door on the south wall
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,760
Cap Rate
9.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,175,200
$1.2M
Cap Rate 7%
$839,429
$839.4K
Cap Rate 9%
$652,889
$652.9K
Market Conditions
NOI Build-Up for 8,043 SF
Gross rent
$72.4K $9.00/SF
− Vacancy
−$3.3K −$0.41/SF
EGI
$69.1K $8.59/SF
− OpEx
−$10.4K −$1.29/SF
NOI
$58.8K $7.31/SF
Area
Abilene, TX
Vacancy
4.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,175,200
Cap Rate 7%
$839,429
Cap Rate 9%
$652,889
Alternative Uses
Best Use
Retail
$976.7K
$854.7K – $1.14M
NOI $68,372 @ 7.0% cap · market cap 10.52%
Second Best
Flex RnD
$968.8K
$847.7K – $1.13M
NOI $67,817 @ 7.0% cap · market cap 10.43%
Theoretical Best
Office A
$1.80M
$1.57M – $2.10M
NOI $125,702 @ 7.0% cap · market cap 19.34%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
381
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 79601, TX
26,515
Population
9,422
Households
2.8
Avg Household Size
32
Median Age
21%
College-Educated
84%
High-School Grad
263.0 sq mi
ZIP Area
101
Density / Sq Mi
$54,515
Median Household Income
$24,704
Median Earnings
$988
Median Rent
$182,900
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 - Adaptable interior areas include climate-controlled rooms, multiple roll-up doors, and two ADA restroom facilities.
Where is this flex space located?
The property is located at 1701 N Treadaway Boulevard Abilene, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 8,043 SF flex property constructed in 1957; Rear loading dock with roll‑up door; Ground‑level roll‑up door on the south wall
