Auto Repair Facility with
New
For Sale
$299,000
4509 N 1st St, Abilene, TX 79605
Office and customer-waiting areas accompany equipped repair bays and dedicated warehouse space.
Property Size2,367 SF
Price / SF$126.32
Days on Market5
Property Features for 4509 N 1st St
General Information
Standard status
Active
Size
2,367 SF
Site & Location
Neighborhood
Westwood Richland
Taxes and HOA fees
Annual Taxes
$3,459
Listing Agency:
Coldwell Banker Apex, REALTORS
Listed By:
Lisa Walton
(325) 690-4000
Source:
Exprealty
Added: Oct 31
Changed: Nov 4
Last Checked: Nov 3 at 2:44PM
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 Coldwell Banker Apex, REALTORS
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.
The 2,367-square-foot facility combines two offices, a waiting room and a breakroom with three auto repair bays. Two lifts and tire repair equipment are included. A separate 1,400 square feet of warehouse space has eight overhead doors.
Located at 4509 N 1st St in Abilene, Texas, the property brings repair operations and warehouse capacity together at one address.
Located at 4509 N 1st St in Abilene, Texas, the property brings repair operations and warehouse capacity together at one address.
Key Highlights
- Three auto repair bays with overhead doors
- Two vehicle lifts and tire repair equipment included
- 1,400 square feet of warehouse space with 8 overhead doors
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
Flex RnD
$285.1K
$249.5K – $332.6K
NOI $19,958 @ 7.0% cap · market cap 6.67%
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
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
429
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79605, TX
30,239
Population
12,795
Households
2.4
Avg Household Size
35
Median Age
25%
College-Educated
87%
High-School Grad
11.0 sq mi
ZIP Area
2,749
Density / Sq Mi
$59,565
Median Household Income
$33,537
Median Earnings
$1,077
Median Rent
$159,800
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
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 - Office and customer-waiting areas accompany equipped repair bays and dedicated warehouse space.
Where is this auto shop located?
The property is located at 4509 N 1st St 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 repair bays with overhead doors; Two vehicle lifts and tire repair equipment included; 1,400 square feet of warehouse space with 8 overhead doors
