Property profile

4400 Ridgemont Dr Abilene, TX 79606

OFF-MARKET
Other commercial real estate
Property ID
US82-0202488
8,344 SF 2.86 ac lot Built 2002
Entity Owned 19-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is an approximately 8,500-square-foot restaurant building located on Ridgemont Drive in Abilene within a retail corridor, with the site supported by daily traffic of over 11,000 vehicles and located about 1 mile from a population of over 9,000 residents. The existing interior dining area is configured for restaurant use and would require minor modifications. The site provides 114 paved parking spaces and includes an additional 0.97 undeveloped acres zoned for General Commercial, allowing for potential expansion within the same zoning classification.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2002
Total area 8,344 SF
Lot 2.86 ac (124,647 SF)
APN 58030000600
UPID US82-0202488

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4400 Ridgemont Dr Abilene, TX 79606-2716
Abilene metro Census 12801 ABILENE, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.32M
Comparable Approach Comparable
$1.26M
Blend (final) Blend
$1.29M

Owner & transaction history

since 2006
4 recorded transactions
2018
Price N/A
2006
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4400 Ridgemont Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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