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    Highway 80 Commercial Facility Title is generated by Realmo AI

    3557 E US Highway 80, Abilene, TX 79601

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    Commercial facility with highway access, expansion potential, leased until 2026.

    Type:Industrial, Land
    Property size:
    18,000 SF
    Price / SF:
    $83/SF
    Added:
    Mar 19, 2024
    Days on Market:
    814
    Last Refresh:
    May 12 at 9:11 pm

    Property Features for 3557 E US Highway 80

    General Information

    Standard status
    Active
    Size
    18,000 SF
    Property subtype
    Industrial, Land

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    Listing Contact
    CJ Chaney

    Listing agent CJ Chaney License #0588387

    Listing office Coldwell Banker Commercial Apex, REALTORS

    Listing date Mar 19, 2024

    Source Crexi

    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 Coldwell Banker Commercial Apex, REALTORS

    HighLights

    • Strategic location on East Highway 80 with optimal access to the city and I‑20.
    • Flexible space options with two vast open areas and tall ceilings suitable for large‑scale operations.
    • Truck and trailer access around the building facilitates effortless freight movement.
    • Additional land to the East offers opportunities for expansion.
    • Three large overhead doors enhance functionality.
    • Secure exterior with covered carport parking, client‑friendly parking, and enclosed rear boundaries.

    Overview

    This commercial facility is strategically located on East Highway 80, providing access to the city and I-20. It is approximately 2 hours and 20 minutes from Midland and Fort Worth. The interior features tall ceilings, two vast open areas, a private office, a supervisor's office, and a centrally located restroom with a shower. There are three large overhead doors. Exterior features include covered carport parking, client-friendly parking spaces, and enclosed rear boundaries. Truck and trailer access is available around the building. There is additional land to the East for expansion. The property is leased until February 28, 2026.

    Local Financial Insights For Warehouse

    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 $162.0k $9.00
    − Vacancy −$7.3k −$0.41
    EGI $154.7k $8.59
    − OpEx −$23.2k −$1.29
    NOI $131.5k $7.31
    18,000 SF · lease $9.00/SF/yr · vacancy 4.50% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $1.88M
    $1.64M – $2.19M (±1% cap)
    NOI $131,504 @ 7.0% cap · market cap 8.77%
    Second Best
    Industrial
    $1.74M
    $1.53M – $2.03M (±1% cap)
    NOI $122,094 @ 7.0% cap · market cap 8.14%
    Theoretical Best
    Office A
    $4.02M
    $3.52M – $4.69M (±1% cap)
    NOI $281,318 @ 7.0% cap · market cap 18.75%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Building Supply Big Box & Wholesale Store Auto Parts Store Department Store Garden Center Discount Store Electrical Service Auto Repair Shop Storage Facility Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Almond Street Cold Storage — 800 Almond St, Abilene, TX 79601
    • AAA Storage, LOW Prices, SECURE & FRIENDLY — 1350 Tracy Lynn St, Abilene, TX 79601
    • ACI Self Storage — 1101 Tracy Lynn St, Abilene, TX 79601

    Location Insight

    • Map
    • Local Demand
    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.661905
    Latitude
    32.441284

    FAQs

    What type of property is this?
    Warehouse - Commercial facility with highway access, expansion potential, leased until 2026.
    Where is this warehouse located?
    The property is located at 3557 E US Highway 80 Abilene, TX.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Strategic location on East Highway 80 with optimal access to the city and I‑20.; Flexible space options with two vast open areas and tall ceilings suitable for large‑scale operations.; Truck and trailer access around the building facilitates effortless freight movement.
    More about this property
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