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Commercial Land with Existing Buildings
For Sale
$1,200,000

189 Locust, Abilene, TX 79602

CommercialSale, Abilene, TX

Property Size6,240 SF
Lot Size5.42 Acres
Price / SF$192.31
Days on Market89

Property Features for 189 Locust

General Information

Property type Commercial Sale
Property subtype Other
Zoning description LI
Subdivision OT Abilene
Lot features Historic District
Directions Locust and S 1st
Standard status Active
APN 22875
Size 6,240 SF
Lot size 5.42 Acres

Utilities

Heating system Electric (Heating), Central
Cooling system Central Air, Electric

Building Details

Year built 1930
Floors in Building 1
Number of units 2
Flooring type Concrete, Terrazzo
Roof type Tile, Metal, Slate, Composition
Listing Agency: Barnett & Hill
Listed By: John Hill · License #0627718
Added: May 27 Changed: Aug 23 Last Checked: Aug 23 at 3:06PM
MLS# 14278055

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 5.42-acre commercial land holding includes two existing buildings with a combined 6,240 square feet. The improvements consist of a 3,040-square-foot depot and a 3,200-square-foot rail maintenance barn. Interior finishes include concrete and terrazzo flooring, while building systems include central air conditioning and electric and central heating. Roof materials listed for the property include tile, metal, slate, and composition.

The tract is located at 189 Locust in Abilene’s SoDA district, at the corner of Locust and S 2nd. It carries LI zoning, is within an opportunity zone, and has an established rail-related use. The surrounding area includes newer bars and restaurants, providing an existing commercial setting for the property.

Key Highlights

  • 5.42 acres of commercial land in Abilene’s SoDA district
  • LI zoning and opportunity zone designation
  • Two existing buildings totaling 6,240 square feet

Property Analytics

Current Use

Burlington Railroad Station Tour Operator

Suggested Use

Top Pick Dental Office Real Estate Agency Pharmacy Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,565
Businesses Nearby

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

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - LI-zoned acreage combines rail-related use with two existing commercial structures.
Where is this commercial land located?
The property is located at 189 Locust Abilene, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 5.42 acres of commercial land in Abilene’s SoDA district; LI zoning and opportunity zone designation; Two existing buildings totaling 6,240 square feet
More about this property
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