Corner Office Building with
For Sale
$150,000
4840 N 10th St, Abilene, TX 79603
Fenced General Commercial and General Retail property with multiple access points and a flexible office layout.
Property Size500 SF
Price / SF$125
Days on Market56
Property Features for 4840 N 10th St
General Information
Standard status
Active
Size
500 SF
Zoning
General Commercial and General Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Additional Details
Land Use
commercial, office, retail
Amenities
workshop
storage building
Building Details
Year Built
2023
Buildings
3
Building Size
500 SF
Construction
metal building
Abandoned
No
Listing Agency:
KW SYNERGY*
Listed By:
Karlena Brooks · License #0818139
(325) 692-4488
Source:
Heritance
Added: Aug 25
Changed: Oct 11
Last Checked: Oct 7 at 3:35PM
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*
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Investment Insights
Based on property information with market context.
This 2023 office property includes an approximately 500-square-foot finished metal building arranged as a four-room workplace. The interior provides reception and waiting space, a main office, a private office, storage and coffee areas, and a restroom. Two additional metal buildings expand the site’s functional capacity for storage, equipment, inventory, workshop activities, or business operations. The property size is listed at 1,200 square feet.
The asset occupies a fenced corner lot just under one acre at 4840 N 10th Street in Abilene, east of Hwy 277 North. It is adjacent to Stafford Elementary School and the Boys & Girls Club of Abilene, with multiple points of ingress and egress. General Commercial and General Retail zoning support a range of commercial applications, including professional offices, retail, convenience, food service, auto sales, and equipment rental.
The asset occupies a fenced corner lot just under one acre at 4840 N 10th Street in Abilene, east of Hwy 277 North. It is adjacent to Stafford Elementary School and the Boys & Girls Club of Abilene, with multiple points of ingress and egress. General Commercial and General Retail zoning support a range of commercial applications, including professional offices, retail, convenience, food service, auto sales, and equipment rental.
Key Highlights
- 2023 office property with a listed property size of 1,200 square feet
- Approximately 500‑square‑foot finished metal office building with four rooms
- Two additional metal buildings: approximately 10' x 12' and 30' x 20'
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,311
Cap Rate
8.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$266,220
$266.2K
Cap Rate 7%
$190,157
$190.2K
Cap Rate 9%
$147,900
$147.9K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$20.9K $17.40/SF
− Vacancy
−$3.1K −$2.61/SF
EGI
$17.7K $14.79/SF
− OpEx
−$4.4K −$3.70/SF
NOI
$13.3K $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%
$266,220
Cap Rate 7%
$190,157
Cap Rate 9%
$147,900
Alternative Uses
Best Use
Office B
$190.2K
$166.4K – $221.9K
NOI $13,311 @ 7.0% cap · market cap 8.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$267.9K
$234.4K – $312.6K
NOI $18,755 @ 7.0% cap · market cap 12.50%
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
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
112
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 - Fenced General Commercial and General Retail property with multiple access points and a flexible office layout.
Where is this office building located?
The property is located at 4840 N 10th St Abilene, TX.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 2023 office property with a listed property size of 1,200 square feet; Approximately 500‑square‑foot finished metal office building with four rooms; Two additional metal buildings: approximately 10' x 12' and 30' x 20'
