Professional Office Building with Private
For Sale
$399,000
4625 N 1st St, Abilene, TX 79603
All-electric office property with conference space, kitchen area, restrooms, and concrete parking.
Property Size1,953 SF
Price / SF$204.30
Days on Market60
Property Features for 4625 N 1st St
General Information
Standard status
Active
Size
1,953 SF
Additional Details
Highway Access
Yes
Amenities
private offices
executive offices
conference area
restrooms
kitchen break area
Building Details
Year Built
1973
Buildings
1
Construction
stucco
Listing Agency:
Epique Realty LLC
Listed By:
Robbie Johnson · License #0660906
(325) 428-9114
Source:
Tonyaharbin
Added: Aug 24
Changed: Oct 16
Last Checked: Oct 5 at 8:25PM
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 Epique Realty LLC
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Investment Insights
Based on property information with market context.
This office building contains eight private offices, including three executive offices, with one executive office connected to a conference or meeting area. The layout also includes two restrooms and a kitchen break area. The all-electric property has an updated stucco exterior with added insulation and a concrete parking area. Built in 1973, it is currently used as an operating business office.
The property is located at 4625 N 1st St near Winters Freeway, with access to Interstate 20 and other major transportation corridors. It is approximately five minutes from the Stargate AI data center development and nearby technology, commercial, industrial, and infrastructure projects. The site is positioned within an established commercial and industrial context in Abilene and includes on-site parking for employees, clients, vendors, and visitors.
The property is located at 4625 N 1st St near Winters Freeway, with access to Interstate 20 and other major transportation corridors. It is approximately five minutes from the Stargate AI data center development and nearby technology, commercial, industrial, and infrastructure projects. The site is positioned within an established commercial and industrial context in Abilene and includes on-site parking for employees, clients, vendors, and visitors.
Key Highlights
- Eight private offices, including three executive offices
- Executive office with adjoining conference or meeting area
- Two restrooms and a kitchen break area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,664
Cap Rate
5.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$433,280
$433.3K
Cap Rate 7%
$309,486
$309.5K
Cap Rate 9%
$240,711
$240.7K
Market Conditions
NOI Build-Up for 1,953 SF
Gross rent
$34.0K $17.40/SF
− Vacancy
−$5.1K −$2.61/SF
EGI
$28.9K $14.79/SF
− OpEx
−$7.2K −$3.70/SF
NOI
$21.7K $11.09/SF
Area
Abilene, TX
Vacancy
15.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$433,280
Cap Rate 7%
$309,486
Cap Rate 9%
$240,711
Alternative Uses
Best Use
Office B
$309.5K
$270.8K – $361.1K
NOI $21,664 @ 7.0% cap · market cap 5.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$436.0K
$381.5K – $508.7K
NOI $30,523 @ 7.0% cap · market cap 7.65%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
364
Businesses Nearby
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 Office in South region
Frequently Asked Questions
What type of property is this?
Office building - All-electric office property with conference space, kitchen area, restrooms, and concrete parking.
Where is this office building located?
The property is located at 4625 N 1st St Abilene, TX.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Eight private offices, including three executive offices; Executive office with adjoining conference or meeting area; Two restrooms and a kitchen break area
