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Two-Suite Mixed-Use Property

4042 South Treadaway Boulevard, Abilene, TX 79602

For Sale
Contact for pricing

Each of the two spaces has an ADA restroom, with a kitchen in the larger suite.

Property Size1,200 SF
Price / SF$291.67
Days on Market9

Property Features for 4042 South Treadaway Boulevard

General Information

Standard status Active
Size 1,200 SF
Property subtype Retail, Office, Mixed Use

Site & Location

Neighborhood Red Bud Park Area

Additional Details

Tenant in Place Yes

Amenities

ADA restrooms
full kitchen

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Moore Property Group, LLC
Listed By: Alex Moore · License TX #635055
Source: Crexi
Added: Nov 5 Changed: Nov 8 Last Checked: Nov 12 at 4:41AM

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 Moore Property Group, LLC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The mixed-use building contains two separate spaces totaling 1,200 square feet. The smaller suite measures 400 square feet, while the 800-square-foot larger space has marble flooring and a full kitchen. Both suites include ADA restrooms. The smaller space is occupied under a month-to-month lease.

Located at 4042 South Treadaway Boulevard in Abilene, the property sits directly across from Abilene Country Club.

Key Highlights

  • 1,200‑square‑foot building configured as two separate spaces
  • 400‑square‑foot suite currently on a month‑to‑month lease
  • 800‑square‑foot larger space with marble floors and a full kitchen

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,285
Cap Rate
3.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$245,700 $245.7K
Cap Rate 7%
$175,500 $175.5K
Cap Rate 9%
$136,500 $136.5K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$21.6K $18.00/SF
− Vacancy
−$1.9K −$1.62/SF
EGI
$19.7K $16.38/SF
− OpEx
−$7.4K −$6.14/SF
NOI
$12.3K $10.24/SF
Area
Abilene, TX
Vacancy
9.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$245,700
Cap Rate 7%
$175,500
Cap Rate 9%
$136,500

Alternative Uses

Best Use
Mixed Use
$175.5K
$153.6K – $204.8K (±1% cap)
NOI $12,285 @ 7.0% cap · market cap 3.51%
Second Best
Retail
$145.7K
$127.5K – $170.0K (±1% cap)
NOI $10,201 @ 7.0% cap · market cap 2.91%
Theoretical Best
Office A
$267.9K
$234.4K – $312.6K (±1% cap)
NOI $18,755 @ 7.0% cap · market cap 5.36%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

A Cut Above Hair Salon

Suggested Use

Top Pick Restaurant Grocery & Convenience Store Pharmacy Hair Salon Cafe & Coffee Shop Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

565
Businesses Nearby

Demographics for 79602, TX

25,389
Population
11,127
Households
2.3
Avg Household Size
36
Median Age
34%
College-Educated
91%
High-School Grad
121.7 sq mi
ZIP Area
209
Density / Sq Mi
$84,845
Median Household Income
$39,044
Median Earnings
$1,123
Median Rent
$233,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Each of the two spaces has an ADA restroom, with a kitchen in the larger suite.
Where is this mixed-use property located?
The property is located at 4042 South Treadaway Boulevard Abilene, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1,200‑square‑foot building configured as two separate spaces; 400‑square‑foot suite currently on a month‑to‑month lease; 800‑square‑foot larger space with marble floors and a full kitchen
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