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    Abilene Warehouse with Flexible Spaces Title is generated by Realmo AI

    1518 S 14th Street, Abilene, TX 79602

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    New
    For Sale
    Under Contract
    $165,000

    Warehouse - Abilene, TX

    Type:Warehouse
    Property size:
    3,250 SF
    Lot size:
    0.12 Acres
    Price / SF:
    $50/SF
    Added:
    May 12, 2026
    Days on Market:
    4
    Last Refresh:
    May 15 at 11:06 pm

    Property Features for 1518 S 14th Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Warehouse
    Parking features
    Garage
    Standard status
    Active Under Contract
    APN
    55547
    Size
    3,250 SF
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Flooring type
    Concrete, Laminate
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    We can help!

    Listing Contact
    Autumn Cauthen

    Listing agent Autumn Cauthen License #0822194

    Listing office Better Homes & Gardens Real Estate Senter, REALTORS 3401 Curry Ln, Abilene, TX

    Listing date May 12, 2026

    MLS# 21223947 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Versatile heavy commercial zoning suitable for various business types.
    • Income‑generating potential: Option to occupy one side and lease the other.
    • Functional layout: 3,250 sq ft split into two spaces, each with a garage door.
    • Left side features office space, kitchen, and bathroom with shower.
    • Right side offers industrial setup with bathroom.
    • High‑visibility location on a busy street.

    Overview

    This versatile property is zoned for heavy commercial use and offers 3,250 square feet divided into two functional spaces. Each side has its own garage door, with a shared center access point suitable for multiple uses or tenants. The left side includes office space, a kitchen, and a bathroom with a shower, making it suitable for administrative or client-facing operations. The right side features a more industrial setup, complete with a bathroom including a toilet and sink. A shared fenced yard is located in the back. The flexible layout allows an owner to occupy one side while generating income by leasing the other. Located on a busy street in Abilene, Texas, the property benefits from great visibility and is well-suited for a variety of commercial or industrial uses. The lot size is 0.115 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flatland Taxidermy Taxidermist

    Suggested Use

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

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

    Similar Places Nearby

    • Joe Allen's Catering — 1185 China St, Abilene, TX 79602
    • Joe Allen's Pit Bar-B-Que — 301 S 11th St, Abilene, TX 79602
    • Allen's Joe Lytle Bend Pvln — 301 S 11th St, Abilene, TX 79602

    Location Insight

    • Map
    • Local Demand
    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.74126
    Latitude
    32.432333

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    FAQs

    What type of property is this?
    Flex space - Commercial property with office and industrial spaces, great visibility.
    Where is this flex space located?
    The property is located at 1518 S 14th Street Abilene, TX.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: Versatile heavy commercial zoning suitable for various business types.; Income‑generating potential: Option to occupy one side and lease the other.; Functional layout: 3,250 sq ft split into two spaces, each with a garage door.
    (325) 695-8000
    We can help!
    Listing Contact
    Autumn Cauthen
    Real Estate License ID: 0822194
    Learn More
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    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
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