Outfitted Metal Fabrication
For Sale
$2,500,000
809 S 7th St, Abilene, TX 79602
Manufacturing property with fabrication equipment, overhead lifting systems, fenced storage, and HC zoning.
Property Size12,840 SF
Lot Size1.01 Acres
Price / SF$194.70
Days on Market42
Property Features for 809 S 7th St
General Information
Standard status
Active
Size
12,840 SF
Lot size
1.01 Acres
Zoning
HC
Warehouse & Industrial
Clear Height
28 ft
Warehouse Space
12,000 SF
Office Build-Out
840 SF
Drive-In Doors
2
Additional Details
Business Included
Yes
Outdoor Storage
Yes
Building Details
Year Built
2017
Buildings
1
Listing Agency:
Barnett & Hill
(325) 677-3500
Listed By:
John Hill · License #0627718
Source:
Tonyaharbin
Added: Jul 18
Changed: Aug 28
Last Checked: Aug 28 at 12:35PM
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 Barnett & Hill
Investment Insights
Based on property information with market context.
This manufacturing facility combines a 12,000-square-foot warehouse with an 840-square-foot office and equipment configured for metal fabrication. Improvements include two 14-foot by 16-foot electric roll-up doors, 28-foot shop height, and clearances of 10 feet above the craneway and 18 feet beneath it. Fabrication equipment conveying with the sale includes a Cincinnati press brake and shear, two Miller welders, multiple threaders, two 5-ton bridge cranes, three hoists, three forklifts, four drill presses, and a 10-ton freestanding bridge crane, along with additional tools and implements.
The primary facility and outdoor storage occupy 1.01 acres zoned HC. A separate 0.49-acre parcel zoned CB is enclosed by an 8-foot chain-link fence and includes sea containers plus a 2,964-square-foot storage building. The two parcels are positioned at the southwest and northeast corners, respectively, of Pecan and S 7th.
The primary facility and outdoor storage occupy 1.01 acres zoned HC. A separate 0.49-acre parcel zoned CB is enclosed by an 8-foot chain-link fence and includes sea containers plus a 2,964-square-foot storage building. The two parcels are positioned at the southwest and northeast corners, respectively, of Pecan and S 7th.
Key Highlights
- 12,000 SF warehouse with 840‑SF office
- Metal fabrication equipment conveys, including press brake, shear, welders, cranes, hoists, forklifts, and drill presses
- 28' shop height; 10' above craneway and 18' under craneway
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
$93,806
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
3.75%
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%
$1,876,120
$1.9M
Cap Rate 7%
$1,340,086
$1.3M
Cap Rate 9%
$1,042,289
$1.0M
Market Conditions
NOI Build-Up for 12,840 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
$115.6K $9.00/SF
− Vacancy
−$5.2K −$0.41/SF
EGI
$110.4K $8.59/SF
− OpEx
−$16.6K −$1.29/SF
NOI
$93.8K $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%
$1,876,120
Cap Rate 7%
$1,340,086
Cap Rate 9%
$1,042,289
Alternative Uses
Best Use
Warehouse
$1.34M
$1.17M – $1.56M
NOI $93,806 @ 7.0% cap · market cap 3.75%
Second Best
Industrial
$1.24M
$1.09M – $1.45M
NOI $87,094 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$2.87M
$2.51M – $3.34M
NOI $200,674 @ 7.0% cap · market cap 8.03%
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
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 - Manufacturing property with fabrication equipment, overhead lifting systems, fenced storage, and HC zoning.
Where is this manufacturing property located?
The property is located at 809 S 7th St 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 with 840‑SF office; Metal fabrication equipment conveys, including press brake, shear, welders, cranes, hoists, forklifts, and drill presses; 28' shop height; 10' above craneway and 18' under craneway
