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    Fully Leased Retail Storefront Investment Title is generated by Realmo AI

    917 S Treadaway Boulevard, Abilene, TX 79602

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    Picture of Storefront properties at 917 S Treadaway Boulevard, Abilene, TX
    For Sale
    $450,000

    SINGLE_FAMILY - Abilene, TX

    Type:Retail
    Lot size:
    0.30 Acres
    Added:
    Mar 17, 2026
    Days on Market:
    80
    Last Refresh:
    Jun 4 at 4:06 pm

    Property Features for 917 S Treadaway Boulevard

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Parking features
    Off Street, Alley
    Standard status
    Active
    APN
    16098
    Lot size
    0.30 Acres

    Taxes and HOA fees

    Tax Description
    OT ABILENE, BLOCK 190, LOT 2 & 3, OUTLOT 2-W
    Tax Annual Amount
    3174

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    1958
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Concrete, Vinyl
    Building materials
    Brick, Block, WoodSiding
    Roof type
    Synthetic

    We can help!

    Listing Contact
    Chad Chaney
    Chad Chaney

    Listing agent Chad Chaney License #0588387

    Listing office Coldwell Banker Apex, REALTORS Plano, TX

    Listing date Mar 17, 2026

    MLS# 21207017

    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.

    HighLights

    • Investment property with two units currently fully leased
    • Lease terms: one expires at the end of October 2028; the other expires at the end of February 2031
    • Parking available: off‑street parking in front plus space in the back for parking or loading
    • Includes utilities/services: public water and public sewer
    • Construction includes brick, block, and wood siding; synthetic roof
    • Central heating and central air conditioning with electric heating

    Overview

    This investment property includes two retail storefront units and is currently fully leased. One lease runs through the end of October 2028, and the other extends through the end of February 2031. Both businesses appear to be satisfied with their locations, and renewal may be possible.

    Each unit offers parking in the front of the building, with additional space toward the rear for parking or loading. The space to the north includes a fenced area for material storage and a bit of additional parking, supporting day-to-day operational needs.

    For investors or buyers seeking a turn-key retail holding, the leased status and staggered expiration dates can be attractive for planning and cash flow. The shared retail configuration with practical onsite parking and storage space may also appeal to tenants looking for accessible, straightforward storefront operations.
    Property Profile Location Intelligence

    Current Use by Public Records

    WestTech Foundation Repair Construction Company

    Suggested Use

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

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

    Similar Places Nearby

    • Beezy Queen Floral Decor — 2518 Stonecrest Dr, Abilene, TX 79606
    • Sam's Club Floral — 5550 S Clack St, Abilene, TX 79606

    Location Insight

    • Map
    • Local Demand
    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.728087
    Latitude
    32.438754

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    FAQs

    What type of property is this?
    Storefront property - Two leased storefronts with front parking and rear parking or loading provide steady income potential for an owner-operator.
    Where is this storefront property located?
    The property is located at 917 S Treadaway Boulevard Abilene, TX.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Investment property with two units currently fully leased; Lease terms: one expires at the end of October 2028; the other expires at the end of February 2031; Parking available: off‑street parking in front plus space in the back for parking or loading
    (972) 208-8797
    We can help!
    Listing Contact
    Chad Chaney
    Chad Chaney
    Real Estate License ID: 0588387
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    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.

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