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Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
-
Restaurant
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Abilene market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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