Automotive Shop with Fenced
409 N Treadaway Boulevard, Abilene, TX 79601
For Sale
$674,000
Separate front and rear shop areas support distinct work and storage functions.
Property Size5,400 SF
Price / SF$124.81
Days on Market47
Property Features for 409 N Treadaway Boulevard
General Information
Standard status
Size
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
Berkshire Hathaway HS Stovall
Listed By:
John Mark Willits
(325) 280-9232
Source:
Minteerteam
Added: Sep 24
Changed: Oct 25
Last Checked: Oct 7 at 4:55PM
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 Berkshire Hathaway HS Stovall
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Investment Insights
Based on property information with market context.
The 5,400-square-foot automotive shop in Abilene has a metal, insulated structure with skylights and four exterior overhead doors. Inside, the approximately 3,000-square-foot front shop connects to a loft and ground-level storage, while two interior overhead doors separate it from the approximately 2,400-square-foot rear shop. The property also includes an air-conditioned reception area and office, 110v and 220v power, and plumbing for pneumatic air. A 4-post lift with HawkEye alignment system remains on-site and is negotiable with purchase.
The 0.45-acre property has 150 feet of frontage on Treadaway Boulevard, also designated Business 83. Its fenced, paved yard includes a gate and awning, with customer parking at the front. Two pylon signs are positioned along the frontage.
The 0.45-acre property has 150 feet of frontage on Treadaway Boulevard, also designated Business 83. Its fenced, paved yard includes a gate and awning, with customer parking at the front. Two pylon signs are positioned along the frontage.
Key Highlights
- 5,400‑square‑foot building on a 0.45‑acre lot
- 150 feet of frontage on Treadaway Boulevard (Business 83)
- Four exterior overhead doors; skylights provide natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,904
Cap Rate
6.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$918,080
$918.1K
Cap Rate 7%
$655,771
$655.8K
Cap Rate 9%
$510,044
$510.0K
Market Conditions
NOI Build-Up for 5,400 SF
Gross rent
$71.3K $13.20/SF
− Vacancy
−$5.7K −$1.06/SF
EGI
$65.6K $12.14/SF
− OpEx
−$19.7K −$3.64/SF
NOI
$45.9K $8.50/SF
Area
Abilene, TX
Vacancy
8.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$918,080
Cap Rate 7%
$655,771
Cap Rate 9%
$510,044
Alternative Uses
Best Use
Retail
$655.8K
$573.8K – $765.1K
NOI $45,904 @ 7.0% cap · market cap 6.81%
Second Best
Flex RnD
$650.5K
$569.2K – $758.9K
NOI $45,532 @ 7.0% cap · market cap 6.76%
Theoretical Best
Office A
$1.21M
$1.05M – $1.41M
NOI $84,396 @ 7.0% cap · market cap 12.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,073
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 79601, TX
26,515
Population
9,422
Households
2.8
Avg Household Size
32
Median Age
21%
College-Educated
84%
High-School Grad
263.0 sq mi
ZIP Area
101
Density / Sq Mi
$54,515
Median Household Income
$24,704
Median Earnings
$988
Median Rent
$182,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Sioux Muffler & Brake Shop — 1241 Butternut St, Abilene, TX 79602
- Procter Automotive — 1325 Butternut St, Abilene, TX 79602
- Key City Collision Butternut — 1273 Butternut St, Abilene, TX 79602
- Rhino Linings & Truck Accessories — 1310 S Treadaway Blvd, Abilene, TX 79602
- Seven Horses Restoration — 1202 Butternut St, Abilene, TX 79602
Frequently Asked Questions
What type of property is this?
Auto shop - Separate front and rear shop areas support distinct work and storage functions.
Where is this auto shop located?
The property is located at 409 N Treadaway Boulevard Abilene, TX.
What is the asking price?
The asking price for this property is $674,000.
What are key features of this property?
This property features: 5,400‑square‑foot building on a 0.45‑acre lot; 150 feet of frontage on Treadaway Boulevard (Business 83); Four exterior overhead doors; skylights provide natural light
