Four-Room Office on Corner
4840 N 10th Street Abilene, TX 79603
For Sale
$175,000
SINGLE_FAMILY - Abilene, TX
Property Size1,200 SF
Lot Size0.79 Acres
Price / SF$145.83
Days on Market45
Property Features for 4840 N 10th Street
General Information
- Property type
- Residential
- Property subtype
- Retail
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 17667
- Size
- 1,200 SF
- Lot size
- 0.79 Acres
Taxes and HOA fees
- Tax Description
- FARRINGTON MARKETING, BLOCK A, LOT 101 REP
- Tax Annual Amount
- 1320
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Zoned
- Cooling system
- Electric, Zoned
- Water source
- Public
Building Details
- Year built
- 2023
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Laminate
- Building materials
- SteelSiding
- Roof type
- Metal
Listing Agency:
KW SYNERGY*
(325) 692-4488
Listed By:
Karlena Brooks · License #0818139
(325) 692-4488
Added: Jun 11
Last Checked: Jul 25 at 6:06AM
MLS# 21293365
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This hard-corner commercial property includes a professionally finished metal building converted into a functional four-room office space. The interior features a reception and waiting area, a spacious main office, additional private office space, a storage and coffee room, and a restroom. The site also includes two additional metal buildings sized approximately 10' x 12' and 30' x 20', which can support storage, equipment, inventory, or workshop needs.
Located at 4840 N. 10th Street in Abilene, the property sits on the east side of Hwy 277 North and is adjacent to Stafford Elementary School and the Boys & Girls Club of Abilene. The fenced corner lot provides multiple points of ingress and egress to support day-to-day operations. The property is zoned General Commercial and General Retail. It is currently leased on a month-to-month basis for $1,500 per month.
With office layout in place alongside dedicated storage buildings, the property may suit professional users who need both customer-facing and back-of-house space. Its corner-lot configuration and commercial zoning can also support a range of general retail and commercial activity, depending on the tenant’s specific requirements. Buyers should review the existing lease terms in coordination with leasing details prior to planning for an ownership transition.
Located at 4840 N. 10th Street in Abilene, the property sits on the east side of Hwy 277 North and is adjacent to Stafford Elementary School and the Boys & Girls Club of Abilene. The fenced corner lot provides multiple points of ingress and egress to support day-to-day operations. The property is zoned General Commercial and General Retail. It is currently leased on a month-to-month basis for $1,500 per month.
With office layout in place alongside dedicated storage buildings, the property may suit professional users who need both customer-facing and back-of-house space. Its corner-lot configuration and commercial zoning can also support a range of general retail and commercial activity, depending on the tenant’s specific requirements. Buyers should review the existing lease terms in coordination with leasing details prior to planning for an ownership transition.
Key Highlights
- Approx. 500 SF metal building converted into a four‑room office with reception, waiting area, main office, private office, storage/coffee room, and restroom
- Leased on a month‑to‑month basis for $1,500 per month
- Just under one‑acre fenced corner lot with multiple points of ingress and egress and parking lot parking
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
Flex RnD
$144.5K
$126.5K – $168.6K
NOI $10,118 @ 7.0% cap · market cap 5.78%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Port O Fresh
Building Supply
A-1 Portables
Construction Company
FAQs
What type of property is this?
Flex space - Professionally finished metal office space plus additional storage buildings on a fenced corner lot with multiple ingress and egress.
Where is this flex space 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: Approx. 500 SF metal building converted into a four‑room office with reception, waiting area, main office, private office, storage/coffee room, and restroom; Leased on a month‑to‑month basis for $1,500 per month; Just under one‑acre fenced corner lot with multiple points of ingress and egress and parking lot parking
