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5.67 Acre Mixed-Use Development Site
For Sale
$1,200,000

189 Locust, Abilene, TX 79602

Undeveloped land in Abilene's SoDA district, suitable for redevelopment.

Property Size6,240 SF
Lot Size5.67 Acres
Price / SF$192.31
Days on Market211

Property Features for 189 Locust

General Information

Standard status Active
Size 6,240 SF
Lot size 5.67 Acres
Listing Agency: Barnett & Hill
Listed By: John Hill · License #0627718
Source: Diligentcre
Added: Mar 26 Changed: Oct 3 Last Checked: Oct 20 at 8:00PM

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 Barnett & Hill

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Investment Insights

Based on property information with market context.

Located at the corner of Locust and S 2nd, this 5.67-acre parcel of largely undeveloped land is situated in Abilene's SoDA district. Zoned LI and located in an opportunity zone, the tract is the largest contiguous acreage in the South Abilene Planning District. The property currently houses two buildings: a 3,040-square-foot Burlington depot and a 3,200-square-foot rail maintenance barn. Previously used for rail, this parcel is suitable for redevelopment with mixed-use housing and retail to complement existing businesses, particularly with the increasing presence of housing, bars, and restaurants in the area.

Key Highlights

  • Largest contiguous acreage (5.67 acres) in South Abilene Planning District
  • Located in Abilene's SoDA district
  • Zoned LI (Light Industrial) and in an opportunity zone

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Undeveloped land in Abilene's SoDA district, suitable for redevelopment.
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: Largest contiguous acreage (5.67 acres) in South Abilene Planning District; Located in Abilene's SoDA district; Zoned LI (Light Industrial) and in an opportunity zone
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