MyEyeDr. Medical Office
For Sale
Contact for pricing
3225 South 27th Street, Abilene, TX 79605
Medical office property occupied by MyEyeDr. under a NN lease in Abilene.
Property Size2,769 SF
Price / SF$184.18
Days on Market53
Property Features for 3225 South 27th Street
General Information
Standard status
Active
Size
2,769 SF
Property subtype
Office
Occupancy
100%
Net Operating Income
$40,800
Additional Details
Cap Rate
8%
Building Details
Year Built
2000
Tenancy
Single
Listing Agency:
Matthews
Listed By:
Vincent Chapey · License #CA 02102058
Source:
Crexi
Added: Aug 31
Changed: Oct 21
Last Checked: Oct 20 at 5:07PM
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 Matthews
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This medical office property contains 2,769 square feet and was constructed in 2000. The building is occupied by MyEyeDr. under a NN lease, providing a defined healthcare-oriented occupancy profile for an acquisition under consideration.
The property is located at 3225 South 27th Street in Abilene, Texas. It is offered for sale as a medical office asset with an established tenant and existing lease structure.
The property is located at 3225 South 27th Street in Abilene, Texas. It is offered for sale as a medical office asset with an established tenant and existing lease structure.
Key Highlights
- 2,769‑square‑foot medical office property
- Occupied by MyEyeDr.
- NN lease structure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,690
Cap Rate
6.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$633,800
$633.8K
Cap Rate 7%
$452,714
$452.7K
Cap Rate 9%
$352,111
$352.1K
Market Conditions
NOI Build-Up for 2,769 SF
Gross rent
$56.5K $20.40/SF
− Vacancy
−$3.7K −$1.33/SF
EGI
$52.8K $19.07/SF
− OpEx
−$21.1K −$7.63/SF
NOI
$31.7K $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%
$633,800
Cap Rate 7%
$452,714
Cap Rate 9%
$352,111
Alternative Uses
Best Use
Healthcare Medical
$452.7K
$396.1K – $528.2K
NOI $31,690 @ 7.0% cap · market cap 6.21%
Second Best
Office B
$438.8K
$383.9K – $511.9K
NOI $30,715 @ 7.0% cap · market cap 6.02%
Theoretical Best
Office A
$618.2K
$541.0K – $721.3K
NOI $43,276 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 79605, TX
30,239
Population
12,795
Households
2.4
Avg Household Size
35
Median Age
25%
College-Educated
87%
High-School Grad
11.0 sq mi
ZIP Area
2,749
Density / Sq Mi
$59,565
Median Household Income
$33,537
Median Earnings
$1,077
Median Rent
$159,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office property occupied by MyEyeDr. under a NN lease in Abilene.
Where is this medical office space located?
The property is located at 3225 South 27th Street Abilene, TX.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: 2,769‑square‑foot medical office property; Occupied by MyEyeDr.; NN lease structure
