Corner Lot Office and Storage
4840 N 10th Street Abilene, TX 79603
4840 N 10th Street, Abilene, TX, 79603
$175,000
For Sale
$175,000
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 Market45
Property Features for 4840 N 10th Street
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2023
Listing Agency
KW SYNERGY*
(325) 692-4488
Listed by
Karlena Brooks · License #0818139
Source
Xome
Added: Jun 3 Checked: Jul 16 at 1:20 pm
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
Local 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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Port O Fresh
Building Supply
A-1 Portables
Construction Company
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FAQs
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
