Freestanding Medical Office
2426 Lincoln Drive Abilene, TX 79601
2426 Lincoln Drive, Abilene, TX, 79601
$699,000
For Sale
$699,000
SINGLE_FAMILY - Abilene, TX
Property Size2,561 SF
Lot Size0.44 Acres
Price / SF$272.94
Days on Market22
Property Features for 2426 Lincoln Drive
General Information
- Property type
- Residential
- Property subtype
- Office
- Security features
- Security
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 1008391
- Lot size
- 0.44 Acres
Taxes and HOA fees
- Tax Description
- HILLCREST ADDN SEC 8, BLOCK 30, LOT 102 REP,
- Tax Annual Amount
- 10643
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2021
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Tile
- Building materials
- Brick, Concrete
- Roof type
- Composition
Listing agency
McCullar Properties Group LLC
(325) 665-4037
Listed by
Josh Rader · License #0661281
(325) 665-4037
Added: Jul 1 Checked: Jul 22 at 3:06PM
MLS# 21317666
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This freestanding medical or professional building totals 2,561 SF and is organized around a central reception and waiting area. The layout includes a private office, four multi-use rooms that can support exam, treatment, or office functions, and a kitchenette or breakroom. Additional features include a generous utility room and multiple restrooms. The building configuration also includes several rooms set up as master suites with full baths, which may support a range of medical or professional operating models, subject to buyer due diligence and required approvals.
Located in North Abilene, the property is described as being just minutes from Hendrick Medical Center and convenient to key thoroughfares. The site offers on-site parking and is situated in a neighborhood setting at 2426 Lincoln Drive in Abilene, TX.
The internal room mix and restroom/kitchen support make the building practical for a range of outpatient and same-day needs, including urgent care, specialty clinics, outpatient diagnostics, family or pediatric medicine, and counseling or wellness-type services. For buyers evaluating alternate layouts, the existing suite-style rooms with full baths provide flexibility for mixed-use concepts or other professional uses, subject to due diligence and approvals.
Located in North Abilene, the property is described as being just minutes from Hendrick Medical Center and convenient to key thoroughfares. The site offers on-site parking and is situated in a neighborhood setting at 2426 Lincoln Drive in Abilene, TX.
The internal room mix and restroom/kitchen support make the building practical for a range of outpatient and same-day needs, including urgent care, specialty clinics, outpatient diagnostics, family or pediatric medicine, and counseling or wellness-type services. For buyers evaluating alternate layouts, the existing suite-style rooms with full baths provide flexibility for mixed-use concepts or other professional uses, subject to due diligence and approvals.
Key Highlights
- 2,561 SF medical or professional building built in 2021 in North Abilene
- Freestanding layout with central reception and waiting area plus private office
- Four multi‑use rooms for exam, treatment, or office use; includes kitchenette/breakroom
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.2k | $20.40 |
| − Vacancy | −$3.4k | −$1.33 |
| EGI | $48.8k | $19.07 |
| − OpEx | −$19.5k | −$7.63 |
| NOI | $29.3k | $11.44 |
2,561 SF · lease $20.40/SF/yr · vacancy 6.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$418.7K
$366.4K – $488.5K
NOI $29,309 @ 7.0% cap · market cap 4.19%
Second Best
Office B
$405.8K
$355.1K – $473.5K
NOI $28,408 @ 7.0% cap · market cap 4.06%
Theoretical Best
Office A
$571.8K
$500.3K – $667.1K
NOI $40,025 @ 7.0% cap · market cap 5.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Heritage Birth Center
Midwife
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FAQs
What type of property is this?
Medical Office Space - Freestanding 2,561 SF facility with central reception, multiple multi-use rooms, and on-site parking for medical or professional use.
Where is this medical office space located?
The property is located at 2426 Lincoln Drive Abilene, TX.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 2,561 SF medical or professional building built in 2021 in North Abilene; Freestanding layout with central reception and waiting area plus private office; Four multi‑use rooms for exam, treatment, or office use; includes kitchenette/breakroom
