Freestanding Medical Office
For Sale
$699,000
2426 Lincoln Drive, Abilene, TX 79601
Modern freestanding medical or professional building with central reception, exam-ready rooms, and on-site parking near major thoroughfares.
Property Size2,561 SF
Price / SF$272.94
Days on Market103
Property Features for 2426 Lincoln Drive
General Information
Standard status
Active
Size
2,561 SF
Property subtype
Office
Building Details
Year Built
2021
Listing Agency:
McCullar Properties Group LLC
(325) 665-4037
Listed By:
Josh Rader · License #0661281
(325) 665-9244
Source:
Lonestarluxuryrealty
Added: Jul 7
Changed: Oct 7
Last Checked: Oct 16 at 8:44AM
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 McCullar Properties Group LLC
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Investment Insights
Based on property information with market context.
This freestanding medical or professional building totals 2,561 SF and is designed around a central reception and waiting area. The interior layout includes a private office, four multi-use rooms that can support exam, treatment, or office use, plus a kitchenette or breakroom and a generous utility room. Multiple restrooms are also available, and several rooms are configured as master suites with full baths, giving flexibility for specialty clinic use or alternative rooming arrangements, subject to buyer due diligence and applicable approvals.
Located in North Abilene, the property is described as just minutes from Hendrick Medical Center and key thoroughfares. It operates within a neighborhood setting and includes on-site parking for patient and client access.
For healthcare and service providers, the combination of reception and waiting space with multiple multi-use rooms is well aligned with urgent care, specialty clinics, outpatient diagnostics, family and pediatric medicine, counseling, and wellness operations. The suite-style configurations with full baths may also support mixed-use or alternate professional concepts, depending on how the space is ultimately approved and configured.
Located in North Abilene, the property is described as just minutes from Hendrick Medical Center and key thoroughfares. It operates within a neighborhood setting and includes on-site parking for patient and client access.
For healthcare and service providers, the combination of reception and waiting space with multiple multi-use rooms is well aligned with urgent care, specialty clinics, outpatient diagnostics, family and pediatric medicine, counseling, and wellness operations. The suite-style configurations with full baths may also support mixed-use or alternate professional concepts, depending on how the space is ultimately approved and configured.
Key Highlights
- Freestanding 2,561 SF medical or professional building built in 2021 in North Abilene
- Central reception and waiting area plus private office
- Four multi‑use rooms for exam, treatment, or office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,309
Cap Rate
4.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$586,180
$586.2K
Cap Rate 7%
$418,700
$418.7K
Cap Rate 9%
$325,656
$325.7K
Market Conditions
NOI Build-Up for 2,561 SF
Gross rent
$52.2K $20.40/SF
− Vacancy
−$3.4K −$1.33/SF
EGI
$48.8K $19.07/SF
− OpEx
−$19.5K −$7.63/SF
NOI
$29.3K $11.44/SF
Area
Abilene, TX
Vacancy
6.50%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$586,180
Cap Rate 7%
$418,700
Cap Rate 9%
$325,656
Alternative Uses
Best Use
Healthcare Medical
$418.7K
$366.4K – $488.5K
NOI $29,309 @ 7.0% cap · market cap 4.19%
Second Best
Office B
$405.8K
$355.1K – $473.5K
NOI $28,408 @ 7.0% cap · market cap 4.06%
Theoretical Best
Office A
$571.8K
$500.3K – $667.1K
NOI $40,025 @ 7.0% cap · market cap 5.73%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
283
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79601, TX
26,515
Population
9,422
Households
2.8
Avg Household Size
32
Median Age
21%
College-Educated
84%
High-School Grad
263.0 sq mi
ZIP Area
101
Density / Sq Mi
$54,515
Median Household Income
$24,704
Median Earnings
$988
Median Rent
$182,900
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Modern freestanding medical or professional building with central reception, exam-ready rooms, and on-site parking near major thoroughfares.
Where is this medical office space located?
The property is located at 2426 Lincoln Drive Abilene, TX.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Freestanding 2,561 SF medical or professional building built in 2021 in North Abilene; Central reception and waiting area plus private office; Four multi‑use rooms for exam, treatment, or office space
