Corner Lot Office and Storage
For Sale
$175,000
4840 N 10th Street, Abilene, TX 79603
Professionally finished four-room office space plus multiple metal buildings on a fenced corner lot with multiple access points.
Property Size1,200 SF
Price / SF$145.83
Days on Market61
Property Features for 4840 N 10th Street
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Retail
Zoning
General Commercial and General Retail
Additional Details
Fenced Yard
Yes
Building Details
Year Built
2023
Listing Agency:
KW SYNERGY*
(325) 692-4488
Listed By:
Karlena Brooks · License #0818139
Source:
Xome
Added: Jun 3
Changed: Jul 10
Last Checked: Aug 1 at 11:51AM
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 KW SYNERGY*
Investment Insights
Based on property information with market context.
The property is a highly visible hard-corner commercial site with a professionally finished metal building converted into a functional four-room office layout. Interior features include a reception and waiting area, a main office, additional private office space, a storage and coffee room, and a restroom. The site is fenced and includes multiple metal buildings for added flexibility, including two additional structures sized for storage, equipment, inventory, or workshop-type use.
The property is located at 4840 N 10th Street on the east side of Hwy 277 North. It is adjacent to Stafford Elementary School and the Boys & Girls Club of Abilene, and it sits on a corner lot with multiple points of ingress and egress.
Zoned General Commercial and General Retail, the property supports a range of potential commercial uses, including retail, convenience-focused concepts, professional offices, and other general commercial activities. It is currently leased on a month-to-month basis, offering an option for buyers seeking an existing tenant arrangement while positioning a fenced corner site for future business operations.
The property is located at 4840 N 10th Street on the east side of Hwy 277 North. It is adjacent to Stafford Elementary School and the Boys & Girls Club of Abilene, and it sits on a corner lot with multiple points of ingress and egress.
Zoned General Commercial and General Retail, the property supports a range of potential commercial uses, including retail, convenience-focused concepts, professional offices, and other general commercial activities. It is currently leased on a month-to-month basis, offering an option for buyers seeking an existing tenant arrangement while positioning a fenced corner site for future business operations.
Key Highlights
- 2023 professionally finished metal building converted to a four‑room office with reception/waiting, main office, private office, storage/coffee room, and restroom
- Hard‑corner commercial property at 4840 N 10th Street, Abilene, TX, on the east side of Hwy 277 North
- Just under 1 acre fenced corner lot with multiple points of ingress and egress for access and traffic flow
Financial Insights For Office B
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 | $20.9k | $17.40 |
| − Vacancy | −$3.1k | −$2.61 |
| EGI | $17.7k | $14.79 |
| − OpEx | −$4.4k | −$3.70 |
| NOI | $13.3k | $11.09 |
1,200 SF · lease $17.40/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$190.2K
$166.4K – $221.9K
NOI $13,311 @ 7.0% cap · market cap 7.61%
Second Best
Warehouse
$125.2K
$109.6K – $146.1K
NOI $8,767 @ 7.0% cap · market cap 5.01%
Theoretical Best
Office A
$267.9K
$234.4K – $312.6K
NOI $18,755 @ 7.0% cap · market cap 10.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
402
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Professionally finished four-room office space plus multiple metal buildings on a fenced corner lot with multiple access points.
Where is this office units located?
The property is located at 4840 N 10th Street Abilene, TX.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 2023 professionally finished metal building converted to a four‑room office with reception/waiting, main office, private office, storage/coffee room, and restroom; Hard‑corner commercial property at 4840 N 10th Street, Abilene, TX, on the east side of Hwy 277 North; Just under 1 acre fenced corner lot with multiple points of ingress and egress for access and traffic flow
