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    Retail and Residential Redevelopment Opportunity Title is generated by Realmo AI

    3617 Buffalo Gap Road, Abilene, TX 79605

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    For Sale
    $395,000

    Under half an acre with retail and residential buildings.

    Type:Commercial
    Property size:
    2,743 SF
    Lot size:
    0.50 Acres
    Price / SF:
    $144/SF
    Added:
    Apr 22, 2026
    Days on Market:
    50
    Last Refresh:
    Apr 22 at 5:22 pm

    Property Features for 3617 Buffalo Gap Road

    General Information

    Standard status
    Active
    Size
    2,743 SF
    Lot size
    0.50 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1952

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    Listing Contact
    Timothy Smith

    Listing agent Timothy Smith

    Listing office Barnett & Hill

    Listing date Apr 22, 2026

    Source Signaturere

    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 Barnett & Hill

    HighLights

    • High traffic location on Buffalo Gap Rd (approx. 20,000 cars/day).
    • Zoned NR (Neighborhood Retail) for both buildings.
    • Redevelopment opportunity.
    • Includes both a residential home and a separate retail building.
    • Buffalo Gap Rd frontage.
    • Large lot size: Just under .5 acres.

    Overview

    Available for sale is a property consisting of just under 0.5 acres, featuring a residential home located at 2379 Moore St and a separate small retail building with frontage on Buffalo Gap Rd. This property presents a redevelopment opportunity, or the existing residential home and retail space could be renovated for office or neighborhood retail use. The zoning for both the home and the other retail building is NR (neighborhood retail). The property includes a total of 2743 square feet of space. Daily traffic counts on this section of Buffalo Gap Rd are approximately 20,000 cars per day.

    Local Financial Insights For Office B

    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 $47.7k $17.40
    − Vacancy −$7.2k −$2.61
    EGI $40.6k $14.79
    − OpEx −$10.1k −$3.70
    NOI $30.4k $11.09
    2,743 SF · lease $17.40/SF/yr · vacancy 15.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $434.7K
    $380.3K – $507.1K (±1% cap)
    NOI $30,427 @ 7.0% cap · market cap 7.70%
    Second Best
    Retail
    $333.1K
    $291.5K – $388.6K (±1% cap)
    NOI $23,318 @ 7.0% cap · market cap 5.90%
    Theoretical Best
    Office A
    $612.4K
    $535.9K – $714.5K (±1% cap)
    NOI $42,870 @ 7.0% cap · market cap 10.85%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Luciles Flowers & Gifts (Bike/Boat/Book/etc) Store

    Suggested Use

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

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

    Similar Places Nearby

    • Beezy Queen Floral Decor — 2518 Stonecrest Dr, Abilene, TX 79606
    • Luciles Flowers & Gifts — 3617 Buffalo Gap Rd, Abilene, TX 79605

    Location Insight

    • Map
    • Local Demand
    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.7558922
    Latitude
    32.4063226

    FAQs

    What type of property is this?
    Storefront property - Under half an acre with retail and residential buildings.
    Where is this storefront property located?
    The property is located at 3617 Buffalo Gap Road Abilene, TX.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: High traffic location on Buffalo Gap Rd (approx. 20,000 cars/day).; Zoned NR (Neighborhood Retail) for both buildings.; Redevelopment opportunity.
    More about this property
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