Restaurant Property Near Mall of
For Sale
$2,350,000
4109 Ridgemont Drive, Abilene, TX 79606
High-visibility restaurant property with ample parking near Mall of Abilene.
Property Size8,435 SF
Lot Size0.59 Acres
Price / SF$278.60
Days on Market106
Property Features for 4109 Ridgemont Drive
General Information
Standard status
Active
Size
8,435 SF
Lot size
0.59 Acres
Property subtype
Commercial
Building Details
Year Built
1985
Listing Agency:
Barnett & Hill
(325) 677-3500
Listed By:
John Hill · License #0627718
(325) 721-4428
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Aug 4 at 2:07PM
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
Investment Insights
Based on property information with market context.
This commercial property, built in 1985, is located near the Mall of Abilene. The 8,435 square foot interior space is currently configured as a restaurant, featuring a primary dining room and three additional dining areas, along with an outdoor patio. A second-story party room, accessible from both inside and outside, is available for private events. The property includes a 25,821 square foot asphalt parking lot with 65 parking spaces. Additional parking is available adjacent to the property, provided by the Mall of Abilene on the east and south sides. The property benefits from a high-traffic location and is surrounded by national retailers and hotels. The property is suitable for conventional restaurants, retail properties, and other commercial real estate ventures.
Key Highlights
- High‑visibility, high‑traffic location near the Mall of Abilene.
- Boasts 8435 sq ft of interior space, ideal for a restaurant or various commercial ventures.
- Features 65 parking spaces with a 25,821 sq ft asphalt parking lot.
Financial Insights For Specialty Retail
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 | $121.5k | $14.40 |
| − Vacancy | −$9.1k | −$1.08 |
| EGI | $112.4k | $13.32 |
| − OpEx | −$28.1k | −$3.33 |
| NOI | $84.3k | $9.99 |
8,435 SF · lease $14.40/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.20M
$1.05M – $1.40M
NOI $84,266 @ 7.0% cap · market cap 3.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.88M
$1.65M – $2.20M
NOI $131,829 @ 7.0% cap · market cap 5.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,007
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79606, TX
27,818
Population
13,191
Households
2.1
Avg Household Size
36
Median Age
38%
College-Educated
97%
High-School Grad
69.5 sq mi
ZIP Area
400
Density / Sq Mi
$83,201
Median Household Income
$48,062
Median Earnings
$1,165
Median Rent
$248,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Golden Chopsticks — 4358 Sayles Blvd, Abilene, TX 79605
- Buffet Asia — 3366 John Knox Dr, Abilene, TX 79606
Frequently Asked Questions
What type of property is this?
Conventional restaurant - High-visibility restaurant property with ample parking near Mall of Abilene.
Where is this conventional restaurant located?
The property is located at 4109 Ridgemont Drive Abilene, TX.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: High‑visibility, high‑traffic location near the Mall of Abilene.; Boasts 8435 sq ft of interior space, ideal for a restaurant or various commercial ventures.; Features 65 parking spaces with a 25,821 sq ft asphalt parking lot.
