Retail and Residential Redevelopment Opportunity

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

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.

We can help!

Listing Contact

Timothy Smith

Learn more

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

We can help!

Listing Contact

Timothy Smith

Listing agent Timothy Smith

Listing office Barnett & Hill

Listing date Apr 22, 2026

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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

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

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

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For sale
Storefront properties
TX
Abilene
79605
3617 Buffalo Gap Road

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.