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    473 Cypress St Abilene, TX 79601

    For Sale
    $975,000

    Two-story, 14,000 SF office building in downtown Abilene.

    Property size:
    14,000 SF
    Lot size:
    0.16 Acres

    Property Features for 473 Cypress St

    General Information

    Size
    14,000 SF
    Lot size
    0.16 Acres

    Source: Moriah Brokerage Services Agent Trey Dennis

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

    Overview

    Historic Office Building in Abilene

    Located in downtown Abilene, TX, at 473 Cypress Street, this two-story office building offers 14,000 square feet of space on 0.15 acres. Constructed in 1954, the property features historic charm and modern functionality. The building is situated on Cypress Street, near the convention center, the First Financial building, and the DoubleTree hotel. The property includes 24 private offices, 2 conference rooms, 3 classrooms, and 3 breakrooms. Full-service bathrooms are available on both floors. The common areas feature terrazzo floors. The building is fully leased and offers value-add potential. New city improvements are planned for the corner where the building is located. The property is within walking distance of the DoubleTree Hotel and Convention Center.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Kiwanis Club of Abilene Volunteer Organization Big Country Soccer ... Soccer Club Texas EMS School Training Centre EMOT Federal Credit ... Federal Credit Union MedCollect Financial Consultant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.7337504
    Latitude
    32.4535495

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    FAQs

    What type of property is this?
    Office building - Two-story, 14,000 SF office building in downtown Abilene.
    Where is this office building located?
    The property is located at 473 Cypress St Abilene, TX.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: - Fully leased office building offering immediate income and value-add potential.; - Prime downtown Abilene location on Cypress Street, near the convention center, First Financial building, and DoubleTree hotel.; - Strategic location on the corner where new city improvements are planned.
    (432) 682-2510
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    473 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
    473 Cypress St Abilene, TX 79601
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