Search
Dual-Unit Class A Office Building
For Sale
$1,492,500
Pending

1804 Denali Drive, Abilene, TX 79606

SINGLE_FAMILY - Abilene, TX

Property Size4,975 SF
Lot Size0.50 Acres
Days on Market69

Property Features for 1804 Denali Drive

General Information

Property type Residential
Property subtype Office
Zoning description NH -Neighborhood Office
Parking features Parking Lot, Assigned
Subdivision The Denali Addn
Directions From Southwest Drive and Clack Street: Drive SOUTH on Clack and Merge onto Hwy 84 South. Take the Antilley Road Exit. Proceed on the access road to Denali Drive. Turn RIGHT. Property will be on the RIGHT.
Standard status Pending
APN 1084841
Lot size 0.50 Acres

Taxes and HOA fees

Tax Description THE DENALI ADDN, BLOCK B, LOT 206 REP, ACRES .5
Legal Description THE DENALI ADDN, BLOCK B, LOT 206 REP, ACRES .5

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 2023
Floors in Building 1
Number of units 2
Flooring type Vinyl
Building materials Brick, Stucco
Roof type Composition
Listing Agency: ACR-ANN CARR REALTORS
Listed By: Ann Carr · License #0624197
Added: May 28 Changed: Aug 1 Last Checked: Aug 4 at 3:06AM
MLS# 21267634

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.

Investment Insights

Based on property information with market context.

This Class A office building was built in 2023 and is arranged as a dual-unit property designed for professional office use. The building includes durable luxury vinyl plank flooring and a modern interior finish package. The property is 100% leased and totals 4,975 square feet, with Unit 101 at 3,040 square feet and Unit 102 at 1,935 square feet. Both tenants operate under full service lease terms, with the owner paying utilities and billing them back to tenants monthly. The interior layout includes private offices and open collaborative areas.

The property sits on a 0.5-acre lot at 1804 Denali Drive in Abilene, TX 79606. Construction materials include brick and stucco, with a composition roof and central electric heating and central air conditioning. Parking is provided via a parking lot with assigned spaces. Utilities include public water and public sewer.

Designed for contemporary functionality and low-maintenance operations, the building is supported by a builder structural warranty with three years remaining.

Key Highlights

  • Class A dual‑unit office building built in 2023
  • Total 4,975 SF split into Unit 101 (3,040 SF) and Unit 102 (1,935 SF)
  • 100% leased with full‑service lease terms; utilities paid by owner and billed back monthly

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $86.6k $17.40
− Vacancy −$13.0k −$2.61
EGI $73.6k $14.79
− OpEx −$18.4k −$3.70
NOI $55.2k $11.09
4,975 SF · lease $17.40/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$788.4K
$689.8K – $919.8K (±1% cap)
NOI $55,185 @ 7.0% cap · market cap 3.70%
Second Best
no second resolved use
Theoretical Best
Office A
$1.11M
$971.9K – $1.30M (±1% cap)
NOI $77,753 @ 7.0% cap · market cap 5.21%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Lease Details

2
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

326
Businesses Nearby

Demographics for 79606, TX

27,818
Population
13,191
Households
2.1
Avg Household Size
36
Median Age
38%
College-Educated
97%
High-School Grad
69.5 sq mi
ZIP Area
400
Density / Sq Mi
$83,201
Median Household Income
$48,062
Median Earnings
$1,165
Median Rent
$248,500
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Class A office building on Denali Drive, built in 2023 and 100% leased with two full-service units.
Where is this office units located?
The property is located at 1804 Denali Drive Abilene, TX.
What is the asking price?
The asking price for this property is $1,492,500.
What are key features of this property?
This property features: Class A dual‑unit office building built in 2023; Total 4,975 SF split into Unit 101 (3,040 SF) and Unit 102 (1,935 SF); 100% leased with full‑service lease terms; utilities paid by owner and billed back monthly
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