Abilene Redevelopment
4515 S 14th Street, Abilene, TX 79605
COMMERCIAL - Abilene, TX
Property size:
18,753 SFLot size:
5.06 AcresPrice / SF:
$213/SF- Added:
- Apr 23, 2026
- Days on Market:
- 41
- Last Refresh:
- Jun 2 at 9:06 pm
Property Features for 4515 S 14th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot, Open
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 14142
- Size
- 18,753 SF
- Lot size
- 5.06 Acres
Taxes and HOA fees
- Tax Description
- A0317 SUR 37 ALEXANDER THOMPSON, TRACT 8 & 9
- Tax Annual Amount
- 68297
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1990
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Carpet
- Building materials
- Brick
- Roof type
- Flat, Shingle, Metal
Listing agent Sandra Minnick License #0686545 (325) 691-1410
Listing office Berkshire Hathaway HS Stovall Abilene, TX (325) 691-1410
Listing date Apr 23, 2026
MLS# 21216956
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.
HighLights
- Prime 5.06‑acre redevelopment opportunity in south Abilene.
- High visibility with approximately 382 feet of frontage on S 14th St.
- Zoned Medium Density (MD) supporting diverse residential development like townhomes and patio homes.
- Existing 18,753 SF facility suitable for continued institutional use.
- Convenient access and proximity to residential neighborhoods and retail.
- Ample on‑site parking available.
Overview
This is a rare 5.06-acre redevelopment opportunity featuring an existing 18,753 square foot campus. The property is positioned along one of south Abilene’s most traveled corridors, just off S 14th Street, offering strong visibility, convenient access, and proximity to established residential neighborhoods and retail corridors. The existing improvements include a well-sized facility with multiple rooms, large gathering areas, and ample on-site parking. This makes it suitable for continued institutional use such as a church, school, medical, or community center. The site has approximately 382 feet of frontage on S 14th St., providing excellent access, visibility, and flexibility for future site planning. Zoned Medium Density (MD), the site supports a variety of development opportunities including townhomes, patio homes, or other residential projects. It is an attractive option for investors and developers seeking a well-located infill tract in south Abilene.
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 | $382.6k | $20.40 |
| − Vacancy | −$24.9k | −$1.33 |
| EGI | $357.7k | $19.07 |
| − OpEx | −$143.1k | −$7.63 |
| NOI | $214.6k | $11.44 |
18,753 SF · lease $20.40/SF/yr · vacancy 6.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$3.07M
$2.68M – $3.58M
NOI $214,617 @ 7.0% cap · market cap 5.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.19M
$3.66M – $4.88M
NOI $293,087 @ 7.0% cap · market cap 7.33%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Westminster Presbyterian Church
Church
Location Insight
- Map
- Local Demand
- City
- Abilene
- County
- Taylor
- State
- Texas
- Longitude
- -99.781432
- Latitude
- 32.430002
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 5-acre redevelopment site with existing 18,753 SF campus.
Where is this commercial land located?
The property is located at 4515 S 14th Street Abilene, TX.
What is the asking price?
The asking price for this property is $3,999,900.
What are key features of this property?
This property features: Prime 5.06‑acre redevelopment opportunity in south Abilene.; High visibility with approximately 382 feet of frontage on S 14th St.; Zoned Medium Density (MD) supporting diverse residential development like townhomes and patio homes.
