Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Land Available on Stamford Street Title is generated by Realmo AI

    1601 E Stamford St, Abilene, TX

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Land pad site with high traffic volume on Highway 20.

    Type:LAND
    Lot size:
    33.00 Acres
    Added:
    Dec 12, 2024
    Days on Market:
    514
    Last Refresh:
    Apr 5 at 10:48 pm

    Property Features for 1601 E Stamford St

    General Information

    Standard status
    Active
    Lot size
    33.00 Acres
    Property subtype
    LAND

    Properties For Sale

    at 1601 E Stamford St Contact us

    We can help!

    Listing Contact
    Conrad Sarreal
    Conrad Sarreal

    Listing agent Conrad Sarreal License #9005919

    Listing office Matthews Real Estate Investment Services - Orange County

    Listing date Dec 12, 2024

    Source Moodyscre

    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 Matthews Real Estate Investment Services - Orange County

    HighLights

    • Adjustable Pad Site: Ranging from ±0.5 AC to 33 AC, tailored to your needs.
    • Strategic Location: At the intersection of SEC Griffith Road & Hwy 20.
    • High Traffic Volume: Benefit from ±26,000 VPD on E Amber Ave and ±6,011 VPD on E Stamford St.
    • APN Flexibility: Zoning adaptability with APN change from MF to GC.
    • Proximity to I‑20: Convenient access.
    • APN: 59900000 – GC, APN: A1412000700 – MF

    Overview

    This property features a pad site that can be adjusted for the user, ranging from approximately 0.5 acres to 33 acres. It is generally located at the intersection of the Southeast corner of Griffith Road and Highway 20. The property's APN is 59900000, designated as GC (General Commercial), and A1412000700, designated as MF (Multi-Family), which can be changed to GC. The location benefits from high traffic volume, with approximately 26,000 vehicles per day on I-20 and East Amber Avenue, and approximately 6,011 vehicles per day on East Stamford Street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.6976
    Latitude
    32.475

    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
    • $725,000

      Abilene Turn-Key Dry Cleaning Business

      Profitable dry cleaning business with real estate for sale.
      2842 S 14th Street, Abilene, TX 79605
      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
    • $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
    • $475,000

      Downtown Abilene Commercial Building

      Prime commercial building in downtown Abilene with flexible zoning.
      1031 N 6th Street, Abilene, TX 79601
      View Details
    • $595,000

      Renovated Iconic Building For Sale

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

    FAQs

    What type of property is this?
    Land - Land pad site with high traffic volume on Highway 20.
    Where is this land located?
    The property is located at 1601 E Stamford St Abilene, TX.
    What are key features of this property?
    This property features: Adjustable Pad Site: Ranging from ±0.5 AC to 33 AC, tailored to your needs.; Strategic Location: At the intersection of SEC Griffith Road & Hwy 20.; High Traffic Volume: Benefit from ±26,000 VPD on E Amber Ave and ±6,011 VPD on E Stamford St.
    (214) 692-2847 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Conrad Sarreal
    Conrad Sarreal
    Real Estate License ID: 9005919
    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
    1601 E Stamford St, Abilene, TX
    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!