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Automotive Shop with Flexible Layout
For Sale
$674,000

409 N Treadaway Boulevard, Abilene, TX 79601

CommercialSale, Abilene, TX

Property Size5,400 SF
Lot Size0.45 Acres
Price / SF$124.81
Days on Market50

Property Features for 409 N Treadaway Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Parking features Alley, Parking Lot
Subdivision Ot Abilene
Directions From I-20, Take exit 286A toward US-83 BUS S and head South toward the center of Abilene. Veer to the Left to continue onto Treadaway Blvd. Property will be on your Left.
Standard status Active
APN 15239
Lot size 0.45 Acres

Additional Details

Real Estate Included Yes
Automotive Uses auto repair
Property Use Light Industrial

Taxes and HOA fees

Tax Description OT ABILENE, BLOCK 100, LOT 7-8-9 LESS W ROW
Tax Annual Amount 5562
Legal Description OT ABILENE, BLOCK 100, LOT 7-8-9 LESS W ROW

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air

Amenities

skylights
pneumatic air
ample power (110v and 220v)
air-conditioned front reception area
back office
overhead gas heater
loft storage
fenced paved gated yard with awning
pylon signs
4-post lift with HawkEye alignment system

Building Details

Year built 1981
Floors in Building 1
Number of units 1
Flooring type Concrete, Linoleum
Building materials MetalSiding
Roof type Metal
Buildings 1
Listing Agency: Berkshire Hathaway HS Stovall
Listed By: John Mark Willits
Added: Sep 14 Changed: Oct 25 Last Checked: Nov 2 at 3:06PM
MLS# 21385137

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Located at 409 N Treadaway Boulevard in Abilene, this automotive property includes a 5,400 SF insulated metal building on a 0.4477-acre, 19,500 SF lot. The facility was built in 1981 and has four exterior overhead doors with windows, skylights, natural-gas heating, central air, public sewer, and concrete and linoleum flooring. A front reception area and rear office support daily operations, while the building is plumbed for pneumatic air and includes both 110v and 220v power.

The approximately 3,000 SF front shop has an overhead gas heater, loft and downstairs storage, and a 4-post lift with HawkEye alignment system that is negotiable with purchase. The approximately 2,400 SF rear shop is separated by two interior overhead doors. Outside, the fenced and paved yard includes a gated awning, customer parking, two pylon signs, and 150 feet of frontage along Treadaway Boulevard, also known as Business 83.

Key Highlights

  • 5,400 SF insulated metal automotive building on a 0.4477‑acre, 19,500 SF lot
  • 150 feet of frontage on Treadaway Boulevard, also known as Business 83
  • Four exterior overhead doors with windows plus two interior overhead doors

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 (±1% cap)
NOI $45,904 @ 7.0% cap · market cap 6.81%
Second Best
Flex RnD
$650.5K
$569.2K – $758.9K (±1% cap)
NOI $45,532 @ 7.0% cap · market cap 6.76%
Theoretical Best
Office A
$1.21M
$1.05M – $1.41M (±1% cap)
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

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

Current Use

The Handle Bar at Bike ... Tour Operator Perry Automotive Auto Repair Shop Com-Ware Computer & Electronic Repair

Suggested Use

Top Pick Dental Office Pharmacy Grocery & Convenience Store Real Estate Agency Garden Center (Bike/Boat/Book/etc) Store

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

Yes
Fenced yard
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,328
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Gs Tint Shop — 1518 S 6th St, Abilene, TX 79602
  • First Roadside Mobile Tire & Mechanic — 602 Butternut St, Abilene, TX 79602
  • J&R mobile truck and trailer repair — Abilene, TX 79605
  • Big Country Hail Repair — 642 Pecan St, Abilene, TX 79601
  • LM Auto Hail Services — Abilene, TX 79602

Frequently Asked Questions

What type of property is this?
Auto shop - Insulated metal building with separated shop areas, office space, gated yard, and multiple overhead doors.
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 SF insulated metal automotive building on a 0.4477‑acre, 19,500 SF lot; 150 feet of frontage on Treadaway Boulevard, also known as Business 83; Four exterior overhead doors with windows plus two interior overhead doors
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