Auto Repair Shop with
4509 N 1st Street, Abilene, TX 79603
For Sale
$299,000
CommercialSale, Abilene, TX
Property Size2,367 SF
Lot Size0.52 Acres
Price / SF$126.32
Days on Market14
Property Features for 4509 N 1st Street
General Information
Property type
Property subtype
Zoning description
Parking features
Subdivision
Directions
Standard status
APN
Size
Lot size
Additional Details
Real Estate Included
Automotive Uses
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
offices
waiting room
breakroom
overhead doors
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Coldwell Banker Apex, REALTORS
(325) 690-4000
Listed By:
Lisa Walton
(972) 208-8797
Added: Oct 31
Changed: Nov 10
Last Checked: Nov 13 at 7:06PM
MLS# 21425306
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.
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Investment Insights
Based on property information with market context.
The 2,367-square-foot auto repair building includes two offices, a waiting room, and a breakroom. Three repair bays have overhead doors, and the property is equipped with two vehicle lifts and tire repair equipment. A separate 1,400-square-foot warehouse area has eight overhead doors.
Built in 1975, the property sits on 0.516 acres in Abilene. Construction is brick and frame, with laminate flooring, central electric heating and cooling, and public water and sewer service.
Built in 1975, the property sits on 0.516 acres in Abilene. Construction is brick and frame, with laminate flooring, central electric heating and cooling, and public water and sewer service.
Key Highlights
- Three auto service bays with overhead doors
- Two vehicle lifts and tire repair equipment included
- Separate 1,400‑square‑foot warehouse area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,121
Cap Rate
6.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$402,420
$402.4K
Cap Rate 7%
$287,443
$287.4K
Cap Rate 9%
$223,567
$223.6K
Market Conditions
NOI Build-Up for 2,367 SF
Gross rent
$31.2K $13.20/SF
− Vacancy
−$2.5K −$1.06/SF
EGI
$28.7K $12.14/SF
− OpEx
−$8.6K −$3.64/SF
NOI
$20.1K $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%
$402,420
Cap Rate 7%
$287,443
Cap Rate 9%
$223,567
Alternative Uses
Best Use
Retail
$287.4K
$251.5K – $335.4K
NOI $20,121 @ 7.0% cap · market cap 6.73%
Second Best
Warehouse
$247.0K
$216.2K – $288.2K
NOI $17,293 @ 7.0% cap · market cap 5.78%
Theoretical Best
Office A
$528.5K
$462.4K – $616.6K
NOI $36,993 @ 7.0% cap · market cap 12.37%
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
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Current Use
Lease Details
3
Drive-in doors
3
Service bays
Location Intelligence
Trade Area within ½ mile
429
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79603, TX
23,746
Population
9,960
Households
2.4
Avg Household Size
35
Median Age
17%
College-Educated
83%
High-School Grad
59.2 sq mi
ZIP Area
401
Density / Sq Mi
$53,579
Median Household Income
$32,339
Median Earnings
$1,022
Median Rent
$114,000
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
- Jerry's Automotive & Trailer — 5132 S 7th St, Abilene, TX 79605
- Big D's Autocare — 5126 questa dr, abilene, tx 79605
- Big Texas RV Service — 5368 Encino Rd, Abilene, TX 79605
- garage safty inspecion — 5307 Lamesa Ave, Abilene, TX 79605
- Rosales Auto Glass — 5126 Lamesa Ave, Abilene, TX 79605
Frequently Asked Questions
What type of property is this?
Auto shop - Three repair bays, service equipment, and a separate warehouse area support automotive operations.
Where is this auto shop located?
The property is located at 4509 N 1st Street Abilene, TX.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Three auto service bays with overhead doors; Two vehicle lifts and tire repair equipment included; Separate 1,400‑square‑foot warehouse area
