Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Former Dollar General Store Investment Title is generated by Realmo AI

    1290 Butternut Street, Abilene, TX 79602

    View on Map
    Claim this Listing
    For Sale
    $550,000

    Well-established 15,732 SF retail property in Abilene, Texas.

    Type:Free Standing Building
    Property size:
    15,732 SF
    Lot size:
    0.45 Acres
    Price / SF:
    $34/SF
    Added:
    May 18, 2026
    Days on Market:
    13
    Last Refresh:
    May 18 at 8:17 pm

    Property Features for 1290 Butternut Street

    General Information

    Standard status
    Active
    Size
    15,732 SF
    Lot size
    0.45 Acres
    Property subtype
    Free Standing Building

    Building Details

    Year Built
    1946

    Properties For Sale

    at 1290 Butternut Street Contact us

    We can help!

    Listing Contact
    Louise Jennings

    Listing agent Louise Jennings

    Listing office Real Estate Southeast

    Listing date May 18, 2026

    Source Thebrokerlist

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

    All listing content including descriptions, pricing, images are the copyrighted material of Real Estate Southeast

    HighLights

    • Well‑established former Dollar General store, presenting an investment opportunity.
    • Located at the corner of Butternut Street and South 13th Street.
    • Building size: 15,732 SF.
    • Located on 0.45 acres.
    • Former Dollar General relocated Q1/2026.
    • Built in 1946.

    Overview

    This is a well-established investment opportunity featuring a former Dollar General store in Abilene, Texas. The subject property is located at the corner of Butternut Street and South 13th Street. The building has a size of 15,732 square feet and is situated on a 0.45-acre lot. The former Dollar General store is slated to relocate in Q1/2026.
    Location Intelligence

    Current Use by Public Records

    Dollar General Discount Store Western Union Bank

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.7387
    Latitude
    32.4340991

    Nearby Similar for Sale

    • $699,000
      8,625 SF

      Abilene Auto Repair/Sales Facility

      8,625 SF auto repair and sales facility in Abilene.
      881 Pine Street, Abilene, TX 79601
      View Details
    • $799,500
      2,561 SF

      Freestanding Medical/Professional Office in Abilene

      2,561 SF medical/professional office near Hendrick Medical Center.
      2426 Lincoln, Abilene, TX 79601
      View Details
    • $595,000
      8,310 SF

      Renovated Iconic Building For Sale

      Renovated 8,310 SF building with high visibility in Abilene.
      1305 S 1st Street, Abilene, TX 79602
      View Details
    • $325,000

      Versatile Commercial Space in Abilene

      Commercial property with drive-through capability in South Abilene, TX.
      1917 S 20th Street, Abilene, TX 79602
      View Details
    • $775,000

      Well-Maintained Office Building in Abilene

      4,524 SF mixed-use office building with excellent visibility.
      2769 S Treadaway Boulevard, Abilene, TX 79602
      View Details
    • $650,000

      Abilene Restaurant with Buffet

      Restaurant with buffet available for sale in Abilene, Texas.
      3601 S 1st Street, Abilene, TX 79605
      View Details
    • $750,000

      Abilene Industrial Package Deal

      Two industrial buildings on 0.88 acres, high traffic location.
      1939 S Treadaway Boulevard, Abilene, TX 79602
      View Details
    • $850,000

      Renovated Office Space in Abilene

      Newly renovated office space in high-traffic Abilene location.
      2230 Industrial Boulevard, Abilene, TX 79602
      View Details
    • $1,500,000
      13,000 SF

      Historical Abilene Retail Opportunity

      Prime downtown location with versatile CB zoning and parking.
      1274 N 2nd Street, Abilene, TX 79601
      View Details
    • $395,000
      19,260 SF

      Historic Mixed-Use Redevelopment Opportunity

      Three-story brick building in Abilene, TX, prime for redevelopment.
      1315 S 1st Street, Abilene, TX 79602
      View Details
    • $599,900

      Versatile Commercial Property Near Dyess AFB

      Renovated commercial property with expansion potential near Dyess Air Force Base.
      761 Arnold Boulevard, Abilene, TX 79605
      View Details
    • $895,000

      Versatile Commercial Space in Abilene

      6,480 SF space suitable for retail, restaurant, office, or church.
      550 S 11th Street, Abilene, TX 79602
      View Details

    FAQs

    What type of property is this?
    Storefront property - Well-established 15,732 SF retail property in Abilene, Texas.
    Where is this storefront property located?
    The property is located at 1290 Butternut Street Abilene, TX.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: Well‑established former Dollar General store, presenting an investment opportunity.; Located at the corner of Butternut Street and South 13th Street.; Building size: **15,732 SF**.
    (866) 283-5516
    We can help!
    Listing Contact
    Louise Jennings
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1290 Butternut Street, Abilene, TX 79602
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!