4400 Ridgemont DrAbilene, TX 79606

  • Other commercial real estate
  • 8,344 SF
For Sale
$2,100,000 View listing

Property Details for 4400 Ridgemont Dr

Year built
2002
Lot size
2.86 AC
Property size (Sq ft)
8,344 SF
Property type
Other commercial real estate
APN
58030000600
APU
58030000600

Description

This exceptional 8,624-square-foot restaurant building, located at 4400 Ridgemont Dr, Abilene, TX 79606, presents a remarkable opportunity. Built in 2002, this Class A property boasts a single-story structure on a substantial 124,645-square-foot lot, offering ample space and potential. Currently vacant, the building is zoned GC (General Commercial) and features a tastefully designed interior ready for customization. The asking price is $2,100,000, with a price per square foot of $243.51. The property includes 114 paved parking spaces, ensuring convenient access for patrons. An additional 0.97 acres of undeveloped land, also zoned GC, provides significant expansion potential. This location benefits from high visibility on Ridgemont Drive, experiencing over 11,000 vehicles daily, and is situated within one mile of a community exceeding 9,000 residents. The property's APN is 67372. While some kitchen equipment may be excluded, the asking price reflects this. A separate price of $2,200,000 includes all kitchen equipment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,631,163
    Hospitality
    $2,410,131
    Educational
    $2,005,201
    Medical
    $2,074,163
    Retail
    $3,119,201
4400 Ridgemont Dr, Abilene, Texas

Location Insight

City
Abilene
County
Taylor
State
Texas
Latitude
32.3976
Longitude
-99.7655
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
$45,226
$1,096,876
$865,124
$1,962,000
-
$1,096,876
$865,124
$1,962,000

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