Turnkey Metal Fabrication
For Sale
$2,500,000
809 S 7th Street Abilene, Abilene, TX 79602
Warehouse zoned HC includes an 840-sf office and two roll-up doors, plus additional secured storage on zoned CB land.
Property Size15,804 SF
Lot Size1.01 Acres
Price / SF$208.33
Days on Market40
Property Features for 809 S 7th Street Abilene
General Information
Standard status
Active
Size
15,804 SF
Lot size
1.01 Acres
Zoning
HC 718 Pecan CB 641 633 Pecan
Warehouse & Industrial
Clear Height
28 ft
Drive-In Doors
2
Additional Details
Business Included
Yes
Fenced Yard
Yes
Taxes and HOA fees
Annual Taxes
$12,765
Building Details
Building Size
15,804 SF
Year Built
2017
Stories
1
Listing Agency:
OPT
(800) 683-5651
Listed By:
Amber Perez
(800) 683-5651
Source:
Jparhouston
Added: Jul 13
Changed: Aug 20
Last Checked: Aug 21 at 4:06AM
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 OPT
Investment Insights
Based on property information with market context.
This for-sale industrial property features a 12,000-sf warehouse zoned HC, paired with an 840-sf office. The warehouse includes a 28' shop height with 10' above the craneway and 18' under the craneway, along with two 14' x 16' electric-operated roll-up doors. The sale includes business equipment used in the metal fabrication operation, conveying a turnkey fabrication shop setup, including a Cincinnati press brake and shear, Miller welders, multiple threaders, bridge cranes, hoists, forklifts, drill presses, and a freestanding 10-ton bridge crane, along with other tools and implements.
The primary site includes 1.01 acres zoned HC on the southwest corner of Pecan and S 7th. A secondary 0.49 acres zoned CB sits on the northeast corner of Pecan and S 7th, surrounded by an 8' chain link fence, with sea containers and a 2,964-sf building for additional storage.
Overall, the property combines warehouse production space, office support, and separate fenced storage areas across the two parcels.
The primary site includes 1.01 acres zoned HC on the southwest corner of Pecan and S 7th. A secondary 0.49 acres zoned CB sits on the northeast corner of Pecan and S 7th, surrounded by an 8' chain link fence, with sea containers and a 2,964-sf building for additional storage.
Overall, the property combines warehouse production space, office support, and separate fenced storage areas across the two parcels.
Key Highlights
- 12,000 SF warehouse built in 2017, zoned HC, with an 840 SF office and two 14' x 16' electric‑operated roll‑up doors
- Metal fabrication business space with conveying equipment included: Cincinnati press brake and shear, two Miller welders, and threaders
- Craneway‑equipped shop with 28' height (10' above craneway and 18' under craneway) plus two 5‑ton bridge cranes and additional hoists
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$87,669
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.51%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,753,380
$1.8M
Cap Rate 7%
$1,252,414
$1.3M
Cap Rate 9%
$974,100
$974.1K
Market Conditions
NOI Build-Up for 12,000 SF
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.
Gross rent
$108.0K $9.00/SF
− Vacancy
−$4.9K −$0.41/SF
EGI
$103.1K $8.59/SF
− OpEx
−$15.5K −$1.29/SF
NOI
$87.7K $7.31/SF
Area
Abilene, TX
Vacancy
4.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,753,380
Cap Rate 7%
$1,252,414
Cap Rate 9%
$974,100
Alternative Uses
Best Use
Warehouse
$1.25M
$1.10M – $1.46M
NOI $87,669 @ 7.0% cap · market cap 3.51%
Second Best
Industrial
$1.16M
$1.02M – $1.36M
NOI $81,396 @ 7.0% cap · market cap 3.26%
Theoretical Best
Office A
$2.68M
$2.34M – $3.13M
NOI $187,546 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
28 ft
Clear height
2
Drive-in doors
Turnkey business
Opportunity
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,361
Businesses Nearby
Explore this area
Business Placement
Demographics for 79602, TX
25,389
Population
11,127
Households
2.3
Avg Household Size
36
Median Age
34%
College-Educated
91%
High-School Grad
121.7 sq mi
ZIP Area
209
Density / Sq Mi
$84,845
Median Household Income
$39,044
Median Earnings
$1,123
Median Rent
$233,000
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Warehouse zoned HC includes an 840-sf office and two roll-up doors, plus additional secured storage on zoned CB land.
Where is this manufacturing property located?
The property is located at 809 S 7th Street Abilene Abilene, TX.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 12,000 SF warehouse built in 2017, zoned HC, with an 840 SF office and two 14' x 16' electric‑operated roll‑up doors; Metal fabrication business space with conveying equipment included: Cincinnati press brake and shear, two Miller welders, and threaders; Craneway‑equipped shop with 28' height (10' above craneway and 18' under craneway) plus two 5‑ton bridge cranes and additional hoists
