Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4450-4536 Buffalo Gap Rd Abilene, TX 79606
    Back to Search
    Property profile & analytics

    4450-4536 Buffalo Gap Rd Abilene, TX 79606

    View on Map
    • Neighborhood centers
    • 48,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Neighborhood centers

    Property Details for 4450-4536 Buffalo Gap Rd

    Year built
    1984
    Property size
    48,000 SF
    Property type
    Neighborhood centers
    Property subtype
    Retail properties & Spaces

    Description

    This exceptional retail opportunity presents a 48,000 square foot Class B strip center located at 4450-4536 Buffalo Gap Road in Abilene, Texas, 79606. The property, known as The Village at Buffalo Gap Road, sits on a 3.81-acre lot and boasts a prime location just south of the Mall of Abilene and US Highway 83, ensuring high visibility and accessibility. Built in 1984, the single-building complex offers multiple tenancy options, with spaces ranging from a minimum of 2,550 square feet to a maximum contiguous space of 5,958 square feet. Currently, there are 21,959 square feet of vacant space available, providing significant potential for new businesses. The property is strategically situated on Buffalo Gap Road and Rebecca Lane, benefiting from substantial traffic flow. This multi-tenant retail building is anchored by Market Street, further enhancing its appeal and drawing in a consistent customer base. The property is located in Taylor County and offers an excellent opportunity for businesses seeking a well-established location in a thriving retail corridor. The property's size and location make it ideal for a variety of retail uses.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.7635
    Latitude
    32.3968

    Comparable in this City

    • Value Estimation by Request
      2.86 Acres

      4118 Antilley Rd

      Lifestyle centers • 2.86 Acres
      4118 Antilley Rd, Abilene, TX 79606
      View Details
    • Value Estimation by Request
      1.50 Acres

      7602 Us-83

      Lifestyle centers • 1.50 Acres
      7602 Us-83, Abilene, TX 79606
      View Details
    • Value Estimation by Request
      1.00 Acre

      6800 Buffalo Gap Rd

      Restaurants • 1.00 Acre
      6800 Buffalo Gap Rd, Abilene, TX 79606
      View Details
    • Value Estimation by Request
      2,800 SF

      5317 Buffalo Gap Rd

      Restaurants • 2,800 SF
      5317 Buffalo Gap Rd, Abilene, TX 79606
      View Details
    • Value Estimation by Request
      11,750 SF

      24 Hospital Dr

      Retail properties & Spaces • 11,750 SF
      24 Hospital Dr, Abilene, TX 79606
      View Details
    • Value Estimation by Request
      9,880 SF

      3562 Catclaw Dr

      Restaurants • 9,880 SF
      3562 Catclaw Dr, Abilene, TX 79606
      View Details

    Similar Nearby for Sale

    • $2,100,000
      2.86 Acres

      Restaurant Building on Ridgemont Drive

      Spacious restaurant with high traffic and expansion potential in Abilene.
      4400 Ridgemont Dr, Abilene, TX 79606
      View Details
    • $3,307,692
      6,675 SF

      Red Robin Abilene Investment Opportunity

      Established Red Robin, Abilene, TX, NNN Lease
      3549 Catclaw Dr, Abilene, TX 79606
      View Details
    • $2,350,000
      0.92 Acres

      Abilene Restaurant Property For Sale

      Restaurant property with high visibility and traffic near Mall of Abilene.
      4109 Ridgemont Dr, Abilene, TX 79606
      View Details
    • Contact for pricing
      8,435 SF

      Restaurant Property Near Mall of Abilene

      High-visibility restaurant property with ample parking near Mall of Abilene.
      4109 Ridgemont Dr, Abilene, TX 79606
      View Details
    • $3,307,692
      6,675 SF

      Red Robin Abilene Investment Opportunity

      Abilene, TX Red Robin: NNN Lease, High Traffic
      3549 Catclaw Dr, Abilene, TX 79606
      View Details
    • Contact for pricing
      1,404 SF

      Development Opportunity in South Abilene

      Prime location for restaurant, retail, or office development.
      1873 Beltway S, Abilene, TX 79606
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,160 SF

      Retail Space Available for Lease

      4,160 SF retail property available for lease.
      3414 Catclaw Dr, Abilene, TX 79606
      View Details
    • Contact for pricing
      24,039 SF

      Retail Space in Abilene, TX

      24,039 SF retail space in Abilene's strongest retail corridor.
      4757 Southwest Dr, Abilene, TX 79606
      View Details
    • $28 SF/Yr

      New Shopping Center in Abilene

      New shopping center with highway frontage in growing Abilene area.
      6050 S Clack St, Abilene, TX 79606
      View Details
    • $20 SF/Yr
      2,550 SF

      Retail Space Anchored by Market

      Retail space with high traffic exposure and signage opportunities.
      4502 Buffalo Gap Rd, Abilene, TX 79606
      View Details
    • Contact for pricing

      Retail Space in Abilene, TX

      Multi-tenant retail building anchored by Market Street.
      4450-4536 Buffalo Gap Rd, Abilene, TX 79606
      View Details
    • Contact for pricing

      New Shopping Center Under Construction

      New shopping center in South Abilene with excellent visibility.
      1701 Denali Dr, Abilene, TX 79606
      View Details
    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.
    4450-4536 Buffalo Gap Rd
    Abilene, TX 79606
    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
    4450-4536 Buffalo Gap Rd, Abilene, TX, 79606
    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!