Warehouse With High Ceilings and Two
For Sale
Contact for pricing
182 County Road 335, Abilene, TX 79606
Industrial warehouse with tall ceiling heights and two cranes for material handling needs.
Property Size6,000 SF
Price / SF$112.50
Days on Market54
Property Features for 182 County Road 335
General Information
Standard status
Active
Size
6,000 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
24 ft
Warehouse Space
6,000 SF
Listing Agency:
Paul Johnson & Associates
(325) 698-5661
Listed By:
Matthew Muzechenko · License ##570282
(325) 439-1420
Source:
Moodyscre
Added: Jul 23
Changed: Sep 4
Last Checked: Sep 13 at 10:33AM
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 Paul Johnson & Associates
Investment Insights
Based on property information with market context.
Industrial warehouse at 182 County Road 335 in Abilene, TX. The property provides 6,000 SF of warehouse space and ceiling heights ranging from 20 to 24 feet, supporting a variety of storage and light industrial uses.
Material handling is supported by two cranes, which can help with moving equipment, fixtures, or other overhead or lift-assist requirements within the facility. The combination of ceiling height and crane capacity is often useful for tenants that need flexibility in staging and operations.
This warehouse configuration is suited for users looking for an industrial facility where vertical space and lift capability are practical considerations.
Material handling is supported by two cranes, which can help with moving equipment, fixtures, or other overhead or lift-assist requirements within the facility. The combination of ceiling height and crane capacity is often useful for tenants that need flexibility in staging and operations.
This warehouse configuration is suited for users looking for an industrial facility where vertical space and lift capability are practical considerations.
Key Highlights
- 6,000 SF warehouse space
- Ceiling heights of 20‑24 feet
- Two cranes for material handling
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
$43,835
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
6.49%
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%
$876,700
$876.7K
Cap Rate 7%
$626,214
$626.2K
Cap Rate 9%
$487,056
$487.1K
Market Conditions
NOI Build-Up for 6,000 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
$54.0K $9.00/SF
− Vacancy
−$2.4K −$0.41/SF
EGI
$51.6K $8.59/SF
− OpEx
−$7.7K −$1.29/SF
NOI
$43.8K $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%
$876,700
Cap Rate 7%
$626,214
Cap Rate 9%
$487,056
Alternative Uses
Best Use
Warehouse
$626.2K
$547.9K – $730.6K
NOI $43,835 @ 7.0% cap · market cap 6.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,773 @ 7.0% cap · market cap 13.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
24 ft
Clear height
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse with tall ceiling heights and two cranes for material handling needs.
Where is this warehouse located?
The property is located at 182 County Road 335 Abilene, TX.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 6,000 SF warehouse space; Ceiling heights of 20‑24 feet; Two cranes for material handling
