2842 S 14th Street, Abilene, TX 79605
Turn-key dry cleaning business with real estate on high-traffic street.
- Added:
- Apr 22, 2026
- Days on Market:
- 60
- Last Refresh:
- Apr 22 at 5:40 pm
Property Features for 2842 S 14th Street
General Information
- Standard status
- Active
- Size
- 5,280 SF
- Lot size
- 0.31 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1984
Listing agent Shay Senter
Listing office Better Homes & Gardens Real Estate Senter, REALTORS
Listing date Apr 22, 2026
Source Signaturere
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HighLights
- Consistent annual net income of $100,000+
- Turn‑key dry cleaning and laundry business with all major equipment included
- High‑traffic location on S. 14th Street with approximately 15,000 vehicles per day
- Long‑standing business with a loyal customer base
- 5,280 sq. ft. building on 13,510 sq. ft. of land with extra parking
- Zoned RS6 in a busy commercial area with retail, restaurants, and services
Overview
Local Financial Insights For 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 | $69.7k | $13.20 |
| − Vacancy | −$5.6k | −$1.06 |
| EGI | $64.1k | $12.14 |
| − OpEx | −$19.2k | −$3.64 |
| NOI | $44.9k | $8.50 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Abilene
- County
- Taylor
- State
- Texas
- Longitude
- -99.7569388
- Latitude
- 32.4323365