Restaurant Property with Outdoor
4109 Ridgemont Drive Abilene, TX 79606
4109 Ridgemont Drive, Abilene, TX, 79606
$2,350,000
For Sale
$2,350,000
COMMERCIAL - Abilene, TX
Property Size8,435 SF
Lot Size0.92 Acres
Price / SF$278.60
Days on Market53
Property Features for 4109 Ridgemont Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 38566
- Lot size
- 0.92 Acres
Taxes and HOA fees
- Tax Description
- CURRY PARK ADDN, BLOCK C, LOT 10 & 11, REPLAT
- Tax Annual Amount
- 45776
Utilities
- Heating system
- Central
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 1985
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Tile
- Building materials
- Stucco
- Roof type
- Composition
Listing Agency
Barnett & Hill
(325) 677-3500
Abilene, TX
Listed by
John Hill · License #0627718
(325) 677-3500
Added: May 27 Checked: Jul 18 at 2:06 am
MLS# 20473380
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.
Investment Insights
Based on property information with market context.
Built in 1985, this restaurant property is offered for sale with its operating business not included. The interior is designed for flexible service flow, featuring a primary dining room flanked by three additional dining rooms. Outdoor space is supported by an outdoor patio, providing a separate setting for guests. A second-story party room is also available for private events, with both interior and exterior access to support gatherings without disrupting day-to-day dining.
Positioned for visibility and demand, the property sits near the Mall of Abilene in a high-traffic setting surrounded by national retailers and hotels. The site includes 65 parking spaces supported by an asphalt parking lot, and parking for the Mall of Abilene abuts the property on the east and south.
For investors and operators, the configuration supports a range of hospitality concepts that value on-site event space and separated dining areas. The combination of established restaurant layout, outdoor patio, private party room access, and strong parking should be attractive for a buyer looking to reposition the foodservice use while leveraging the center-adjacent customer draw.
Positioned for visibility and demand, the property sits near the Mall of Abilene in a high-traffic setting surrounded by national retailers and hotels. The site includes 65 parking spaces supported by an asphalt parking lot, and parking for the Mall of Abilene abuts the property on the east and south.
For investors and operators, the configuration supports a range of hospitality concepts that value on-site event space and separated dining areas. The combination of established restaurant layout, outdoor patio, private party room access, and strong parking should be attractive for a buyer looking to reposition the foodservice use while leveraging the center-adjacent customer draw.
Key Highlights
- Restaurant property built in 1985 with 8,435 SF interior space plus an outdoor patio
- Interior layout includes a primary dining room, three additional dining rooms, and a second‑story party room with interior and exterior access
- Parking for up to 65 vehicles with a 25,821 SF asphalt parking lot; Mall of Abilene parking abuts the property on the east and south
Local 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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Casa Herrera Restaurant
Restaurant
Similar For Sale Nearby
Similar Off Market Nearby
- Golden Chopsticks — 4358 Sayles Blvd, Abilene, TX 79605
- Buffet Asia — 3366 John Knox Dr, Abilene, TX 79606
FAQs
What type of property is this?
Conventional restaurant - A built-in 1985 restaurant with multiple dining rooms, an outdoor patio, and a second-story party room supported by extensive parking.
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: Restaurant property built in 1985 with 8,435 SF interior space plus an outdoor patio; Interior layout includes a primary dining room, three additional dining rooms, and a second‑story party room with interior and exterior access; Parking for up to 65 vehicles with a 25,821 SF asphalt parking lot; Mall of Abilene parking abuts the property on the east and south
