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    189 Locust St Abilene, TX 79602

    For Sale
    $1,200,000

    Unimproved Land - Abilene, TX

    Type:Unimproved Land
    Property size:
    6,240 SF
    Lot size:
    5.42 Acres
    Days on Market:
    316
    Last Refresh:
    Dec 8 at 3:06 pm

    Property Features for 189 Locust St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    22875
    Parking features
    Other
    Size
    6,240 SF
    Lot size
    5.42 Acres

    Utilities

    Heating system
    Central, Electric (Heating), None (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1930
    Flooring type
    Concrete
    Roof type
    Composition, Metal, Slate, Tile
    Architectural style
    Other

    Barnett & Hill (325) 677-3500

    Listing agent John Hill (325) 677-3500 License #0627718

    Listing date Jan 27, 2025

    MLS# 14278055 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Undeveloped Land in SoDA District

    This 5.42-acre parcel of largely undeveloped land is located in Abilene's SoDA district, positioned at the corner of Locust and S 2nd, near the Burlington depot. Zoned LI and situated within an opportunity zone, the tract is the largest contiguous acreage in the South Abilene Planning District and was previously used for rail purposes. The property includes two buildings: a 3,040-square-foot Burlington depot and a 3,200-square-foot rail maintenance barn, totaling 6,240 square feet of building space. Given the emergence of new bars and restaurants in the area, the parcel is suitable for redevelopment with mixed-use housing and retail spaces, complementing existing businesses. Additionally, a 1.08-acre property with a 15,000 square foot warehouse at 133 Cherry is also listed, potentially expanding the tract to 6.5 acres in downtown Abilene.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Burlington Railroad Station Historical Landmark

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.72969
    Latitude
    32.44757

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    FAQs

    What type of property is this?
    Commercial land - 5.42 acre parcel suitable for redevelopment in Abilene's SoDA district.
    Where is this commercial land located?
    The property is located at 189 Locust St Abilene, TX.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Largest contiguous acreage: 5.42 acres in South Abilene Planning District, offering significant development potential.; - Located in an opportunity zone and zoned LI, providing potential tax benefits and flexible usage.; - Includes the historic 3040 sf Burlington depot, offering unique architectural character.
    (325) 677-3500
    Request Owner's contact information
    189 Locust St Abilene, TX 79602
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    Abilene, TX 79602
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    189 Locust St Abilene, TX 79602
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