Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    805 N Judge Ely Blvd Abilene, TX 79601

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail shopping center in a rapidly growing area of Abilene.

    Type:Retail
    Added:
    Apr 1, 2022
    Days on Market:
    1493
    Last Refresh:
    Mar 17 at 1:18 pm

    Property Features for 805 N Judge Ely Blvd

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Building Details

    Year Built
    1974

    Spaces For Lease

    at 805 N Judge Ely Blvd Contact us

    1142 Russwood $14 /Mo

    Size
    750 SF
    Type
    Retail
    Contact us

    1149 EN 10th $18 /Mo

    Size
    5,000 SF
    Type
    Retail
    Tenant improvement allowances available and negotiable.
    Contact us

    805 North Judge Ely $18 /Mo

    Size
    Type
    Retail
    9,070 square foot of shell space. Newly renovated facade. Owner is willing to demise...
    show more
    Contact us

    We can help!

    Listing Contact
    Cory Wood

    Listing agent Cory Wood License #602791

    Listing office Shade Real Estate Group, LLC

    Listing date Apr 1, 2022

    Source Crexi

    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 Shade Real Estate Group, LLC

    Overview

    Retail Shopping Center For Rent

    This retail shopping center is situated in a rapidly developing area on the northeast side of Abilene, Texas, at the intersection of EN 10th Street and Judge Ely Boulevard. Its location offers proximity to Abilene Christian University (ACU) and Hardin-Simmons University. The center has recently undergone a complete facade remodel.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • University Hills Shopping Center — 1095 N Judge Ely Blvd, Abilene, TX 79601
    • Coin Cloud Bitcoin ATM — 301 n judge ely blvd, abilene, tx 79601

    Location Insight

    • Map
    • Local Demand
    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.705927
    Latitude
    32.456013

    Nearby Similar for Lease

    • $3,000/Mo

      Abilene Commercial Space For Lease

      Versatile commercial space near downtown Abilene, ideal for various businesses.
      257 Butternut Street, Abilene, TX 79602
      View Details
    • $4,021/Mo

      Versatile Building in Abilene, TX

      Over 8,000 sq ft, potential for various uses.
      1701 N Treadaway Boulevard, Abilene, TX 79601
      View Details
    • $3,500/Mo

      Commercial Space in South Abilene

      Commercial space perfect for tradesman with secured yard.
      1929 S Treadaway Boulevard, Abilene, TX 79602
      View Details
    • $3,000/Mo

      Abilene Industrial Unit For Lease

      Industrial unit with office, warehouse, and fenced yard.
      926 Energy Drive, Abilene, TX 79602
      View Details
    • $1,000/Mo

      Abilene Retail Storefront For Lease

      Storefront retail space available at a busy intersection in Abilene.
      3660 N 6th Street, Abilene, TX 79603
      View Details
    • $3,800/Mo

      New Medical Office Triplex

      Premier medical office space for lease near Hendrick Medical Center.
      6715 Memorial Drive, Abilene, TX 79606
      View Details
    • $1,700/Mo

      Abilene Office Space For Lease

      Second-level office space with excellent visibility and easy access.
      2002 Sayles Boulevard, Abilene, TX 79605
      View Details
    • $2,000/Mo

      Retail Space in Abilene, TX

      2,600+ sqft retail space near North 1st.
      3660 N 6th Street, Abilene, TX 79603
      View Details
    • $6,500/Mo

      Abilene Industrial Flex Property

      Industrial flex property for lease with high visibility.
      133 A S Treadaway Boulevard, Abilene, TX 79602
      View Details
    • $2,400/Mo

      Abilene Office Space For Lease

      Professional office space in central Abilene with high visibility.
      3408 S 14th Street, Abilene, TX 79605
      View Details
    • $2,400/Mo

      Retail Building with Fenced Yard

      3500 SF retail building with flexible layout and yard.
      1926 N 1st Street, Abilene, TX 79603
      View Details
    • $2,100/Mo

      Office Space in Central Abilene

      Professional office space in a high visibility central Abilene location.
      3404 S 14th Street, Abilene, TX 79605
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail shopping center in a rapidly growing area of Abilene.
    Where is this shopping center located?
    The property is located at 805 N Judge Ely Blvd Abilene, TX.
    What are key features of this property?
    This property features: Located in one of Abilene's fastest growing areas.; Recently underwent a **full façade remodel**.; Located at the intersection of EN 10th and Judge Ely Blvd.
    (325) 673-7736 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Cory Wood
    Real Estate License ID: 602791
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    805 N Judge Ely Blvd, Abilene, TX 79601

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!