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3814 N 1st St 8,840 SF Retail Building Abilene, TX 79603 $486,200 ($55/SF) 8.32% Cap Rate
INVESTMENT HIGHLIGHTS
- Value Add Opportunity
- Zoned GC
- Good Tenant Mix
- Professionally Managed
EXECUTIVE SUMMARY
Income producing property zoned for General Commercial use. The area consist of Quick Service Restaurants, Professional Offices, Service Providers, and various retailers.
The building is 8,840 sf +/- with multiple tenants. Tenant mix includes professional offices and service providers.
The lot is approximately 20,996 +/-sf.
Seller will consider owner financing. *Seller/Landlord is a Texas Licensed Real Estate Broker.
The building is 8,840 sf +/- with multiple tenants. Tenant mix includes professional offices and service providers.
The lot is approximately 20,996 +/-sf.
Seller will consider owner financing. *Seller/Landlord is a Texas Licensed Real Estate Broker.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
8,840 SF
Building Class
C
Year Built
1975
Price
$486,200
Price Per SF
$55
Cap Rate
8.32%
NOI
$40,429
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.41
Lot Size
0.49 AC
Zoning
GC - Intended to provide a wide range of retailing activities, personal and business services, and other commercial activities.
Parking
21 Spaces (2.38 Spaces per 1,000 SF Leased)
Frontage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- B-1
- 1,395 SF
- Office/Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| B-1 | 1,395 SF | Office/Retail | - | Now |
B-1
| Size |
| 1,395 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 72156 | Improvements Assessment | $172,560 |
| Land Assessment | $51,440 | Total Assessment | $224,000 |
PROPERTY TAXES
Parcel Number
72156
Land Assessment
$51,440
Improvements Assessment
$172,560
Total Assessment
$224,000
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3814 N 1st St
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