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    301 Cypress St Abilene, TX 79601

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    For Sale
    $1,350,000

    Historic 7-story office building in downtown Abilene with parking.

    Property size:
    57,538 SF
    Lot size:
    0.96 Acres

    Property Features for 301 Cypress St

    General Information

    Size
    57,538 SF
    Lot size
    0.96 Acres

    Source: Moriah Brokerage Services Agent Trey Dennis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Downtown Abilene Office Building

    This historic seven-story office building is located in downtown Abilene. Constructed in 1923 and partially renovated in 2015, the building offers an array of possibilities. The building contains 57,538 square feet of space and features multiple executive offices and open floor plans. A private parking lot provides 85 parking spaces. Previously used as a call center and business services headquarters, this site presents an opportunity for the revitalization of an office, multifamily, or mixed-use space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Proforma Promotions Group Video Production Service Junior Achievement of Abilene Non-Profit Organization Hendrick Provider Network ... Accountant Hendrick Provider Network Medical Group Ironwood Construction Co General Contractor

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.7339277
    Latitude
    32.4518179

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    FAQs

    What type of property is this?
    Office building - Historic 7-story office building in downtown Abilene with parking.
    Where is this office building located?
    The property is located at 301 Cypress St Abilene, TX.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - Unparalleled opportunity for revitalization of an office, multifamily, or mixed-use space in Downtown Abilene.; - Large building size: **57,538 SF across 7 floors.**; - **Private parking lot with 85 spaces.**
    (432) 682-2510
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    301 Cypress St Abilene, TX 79601
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    Abilene, TX 79601
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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
    301 Cypress St Abilene, TX 79601
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