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    4109 Ridgemont Dr Abilene, TX 79606

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    4109 Ridgemont Dr Abilene, TX 79606


    • Commercial real estate
    • 8,435 SF
    • 0.92 lot acres
    Restaurant Property Near Mall of Abilene For Sale
    $2,350,000
    8,435 SF

    Restaurant Property Near Mall of Abilene

    High-visibility restaurant property with ample parking near national retailers.

    4109 Ridgemont Dr, Abilene, TX 79606
    View Listing
    Property ID
    US82-4367894
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Casa Herrera Restaurant / Restaurant

    Property Details for 4109 Ridgemont Dr

    Year built
    1985
    Lot size
    0.92 lot acres
    Property size
    8,435 SF
    Property type
    Commercial real estate
    APN
    24125004700
    APU
    24125004700

    Description

    This exceptional Class A retail property, located at 4109 Ridgemont Dr, Abilene, TX 79606, presents a unique investment opportunity. The 8,435 square foot building, constructed in 1985, sits on a 0.92-acre lot and boasts a highly desirable location near the Mall of Abilene, surrounded by national retailers and hotels, ensuring high visibility and traffic. The property features a spacious interior layout including a main dining area, three additional dining rooms, and an outdoor patio. A second-story party room offers versatile space for private events, accessible from both inside and outside the building. Ample parking is provided with 65 spaces in a 25,821 square foot asphalt lot, further enhanced by adjacent Mall of Abilene parking. The property is zoned GC and offers a single tenancy. The asking price is $2,350,000, translating to $278.60 per square foot. This owner/user investment opportunity is ideal for a discerning buyer seeking a prime location in a thriving commercial area. The property's long-standing history as the home of Casa Herrera Mexican Restaurant underscores its established presence and potential. The building's two stories provide flexibility for various uses, and the substantial parking area caters to a large customer base. This is a rare chance to acquire a well-established, high-traffic commercial property in a prime Abilene location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,440,000
      6.5%
      $1,330,000
      7%
      $1,235,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,173,000
      Market price range: $336k - $1.28M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.7644
    Latitude
    32.4027
    CBSA code
    10180
    CBSA name
    ABILENE, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $41,561
    $440,847
    $1,362,153
    $1,803,000
    -
    $440,847
    $1,362,153
    $1,803,000
    View Listing
    More about this property
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