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    Corner Retail/Office with Drive-Through Title is generated by Realmo AI

    1917 S 20th Street, Abilene, TX 79602

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    For Sale
    $325,000

    SINGLE_FAMILY - Abilene, TX

    Type:Retail
    Lot size:
    0.55 Acres
    Added:
    Mar 11, 2026
    Days on Market:
    86
    Last Refresh:
    Jun 4 at 3:06 pm

    Property Features for 1917 S 20th Street

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Parking features
    Alley, Parking Lot
    Standard status
    Active
    APN
    25567
    Lot size
    0.55 Acres

    Taxes and HOA fees

    Tax Description
    RAYMOND THOMASON OF HALE, BLOCK A, LOT 3,4,5
    Tax Annual Amount
    6485

    Utilities

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

    Building Details

    Year built
    1983
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Laminate
    Building materials
    Brick, Frame
    Roof type
    Flat

    We can help!

    Listing Contact
    Chad Chaney
    Chad Chaney

    Listing agent Chad Chaney License #0588387

    Listing office Coldwell Banker Apex, REALTORS Plano, TX

    Listing date Mar 11, 2026

    MLS# 20915434

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Commercial property on a prominent corner lot in south Abilene, TX, adjacent to Bowie Elementary
    • 1983 construction with brick and frame exterior and flat roof
    • Interior features a spacious central hub room plus 6–8 smaller rooms for offices or consultation spaces
    • Includes 2 restrooms and a breakroom
    • Multiple ingress and egress with four doors; alley access and an expansive asphalt parking lot
    • Exterior supports 2–3 lane drive‑through capability for quick service, delivery, or drop‑off use

    Overview

    This brick commercial property offers a flexible interior layout designed for multiple business models. Inside, you’ll find a spacious central hub room surrounded by 6–8 smaller rooms that can work as offices, consultation spaces, or private meeting areas. The building includes two restrooms, a breakroom, and four doors for convenient ingress and egress.

    Set on a prominent corner lot, the site is designed for straightforward customer flow with multiple ingress and egress points, alley access, and an expansive asphalt parking lot. The exterior also supports 2–3 lane drive-through capability, making it well-suited for quick service concepts, delivery and drop-off operations, or retail uses. The property is located directly adjacent to Bowie Elementary and is described as easily accessible to the south shopping district on Buffalo Gap Road.

    With its combination of adaptable interior space and drive-through functionality, the property can serve a range of tenants, including office users, retail operators, delivery and drop-off services, and restaurant or QSR formats. If you’re looking for a site that can accommodate both walk-in and drive-through customers, this corner location provides a practical setup for customizing your operation around the existing room configuration.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hay Good Lookin’ ... Hair Salon Nails by Autumn ... Spa & Massage Center ChrispyClean Hair Salon TX Roots Salon ... Hair Salon

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.745209
    Latitude
    32.42452

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    FAQs

    What type of property is this?
    Retail space - Brick commercial corner lot with flexible interior rooms, restrooms, and drive-through capability for office, retail, or quick service.
    Where is this retail space located?
    The property is located at 1917 S 20th Street Abilene, TX.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: Commercial property on a prominent corner lot in south Abilene, TX, adjacent to Bowie Elementary; 1983 construction with brick and frame exterior and flat roof; Interior features a spacious central hub room plus 6–8 smaller rooms for offices or consultation spaces
    (972) 208-8797
    We can help!
    Listing Contact
    Chad Chaney
    Chad Chaney
    Real Estate License ID: 0588387
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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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