Medical Office with Dental
New
For Sale
$3,000,000
4741 Buffalo Gap Road, Abilene, TX 79606
A purpose-built clinical layout includes operatories, imaging rooms, treatment areas and patient reception space.
Property Size8,000 SF
Price / SF$375
Days on Market2
Property Features for 4741 Buffalo Gap Road
General Information
Standard status
Active
Size
8,000 SF
Amenities
covered drive-through portico
employee break area
reception and patient waiting area
Listing Agency:
Ekdahl Real Estate STAMFORD
(325) 773-3676
Listed By:
Connor Carlton · License #0793184
(325) 660-2304
Source:
Diligentcre
Added: Sep 26
Last Checked: Sep 26 at 3:06PM
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 Ekdahl Real Estate STAMFORD
Investment Insights
Based on property information with market context.
This approximately 8,000-square-foot medical office is configured as a dental facility, with 21 dental chair hookups and medical gas and oxygen lines throughout. The layout includes five private operatories, additional treatment areas, two X-ray rooms, private offices and consultation rooms. Built-in cabinetry and clinical workspaces complement dental equipment sanitizing areas, an employee break room, and a reception and waiting area. The property also has two public restrooms and two private restrooms, a covered drive-through portico, and a large front parking lot, with easement access to additional employee parking.
The building is located at the corner of Buffalo Gap Road and Stonecrest in Abilene. Its existing clinical infrastructure and room configuration support dental or other healthcare use, including medical office operations.
The building is located at the corner of Buffalo Gap Road and Stonecrest in Abilene. Its existing clinical infrastructure and room configuration support dental or other healthcare use, including medical office operations.
Key Highlights
- Approximately 8,000 SF configured as a dental facility
- 21 dental chair hookups; medical gas and oxygen lines throughout
- Five private operatories, additional treatment areas and two X‑ray rooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$91,555
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.05%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,831,100
$1.8M
Cap Rate 7%
$1,307,929
$1.3M
Cap Rate 9%
$1,017,278
$1.0M
Market Conditions
NOI Build-Up for 8,000 SF
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.
Gross rent
$163.2K $20.40/SF
− Vacancy
−$10.6K −$1.33/SF
EGI
$152.6K $19.07/SF
− OpEx
−$61.0K −$7.63/SF
NOI
$91.6K $11.44/SF
Area
Abilene, TX
Vacancy
6.50%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,831,100
Cap Rate 7%
$1,307,929
Cap Rate 9%
$1,017,278
Alternative Uses
Best Use
Healthcare Medical
$1.31M
$1.14M – $1.53M
NOI $91,555 @ 7.0% cap · market cap 3.05%
Second Best
Office B
$1.27M
$1.11M – $1.48M
NOI $88,740 @ 7.0% cap · market cap 2.96%
Theoretical Best
Office A
$1.79M
$1.56M – $2.08M
NOI $125,030 @ 7.0% cap · market cap 4.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
678
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Chimney Rock Animal Hospital — 3264 Chimney Rock Rd, Abilene, TX 79606
- Buffalo Gap Road Animal Clinic — 4522 Buffalo Gap Rd, Abilene, TX 79606
- Big Country Veterinary Clinic — 2426 Industrial Blvd, Abilene, TX 79605
Frequently Asked Questions
What type of property is this?
Medical Office Space - A purpose-built clinical layout includes operatories, imaging rooms, treatment areas and patient reception space.
Where is this medical office space located?
The property is located at 4741 Buffalo Gap Road Abilene, TX.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Approximately 8,000 SF configured as a dental facility; 21 dental chair hookups; medical gas and oxygen lines throughout; Five private operatories, additional treatment areas and two X‑ray rooms
