Freestanding Medical Office
2426 Lincoln Drive Abilene, TX 79601
2426 Lincoln Drive, Abilene, TX, 79601
$699,000
For Sale
$699,000
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 Market15
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
Rene Jensen · License #0661281
(214) 532-6823
Source
Lonestarluxuryrealty
Added: Jul 7 Updated: Jul 10 at 4:03 pm Checked: Jul 20 at 4:06 am
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
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
Local Financial Insights For Healthcare Medical
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 | $52.2k | $20.40 |
| − Vacancy | −$3.4k | −$1.33 |
| EGI | $48.8k | $19.07 |
| − OpEx | −$19.5k | −$7.63 |
| NOI | $29.3k | $11.44 |
2,561 SF · lease $20.40/SF/yr · vacancy 6.50% · expense 40.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Heritage Birth Center
Birth Center
Similar For Sale Nearby
Similar Off Market Nearby
- Callan Animal Hospital — 1801 N Treadaway Blvd, Abilene, TX 79601
FAQs
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
