441 Butternut Street, Abilene, TX 79602
Two-story office building with modern amenities and historical character.
- Added:
- Apr 22, 2026
- Days on Market:
- 59
- Last Refresh:
- Apr 22 at 5:26 pm
Property Features for 441 Butternut Street
General Information
- Standard status
- Active
- Size
- 3,300 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1926
Listing agent Eric Robirds
Listing office Traditions Real Estate Group
Listing date Apr 22, 2026
Source Signaturere
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 Traditions Real Estate Group
HighLights
- Downtown Abilene location
- 3,300 sqft executive office building
- Combination of modern amenities and historical character (originally a fire station built in 1926)
- 7 Private offices, multiple cubicle workstations, and large conference room
- Security Foyer‑reception area
- Parking for 15‑20 vehicles
Overview
Local Financial Insights For Office B
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 | $57.4k | $17.40 |
| − Vacancy | −$8.6k | −$2.61 |
| EGI | $48.8k | $14.79 |
| − OpEx | −$12.2k | −$3.70 |
| NOI | $36.6k | $11.09 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Abilene
- County
- Taylor
- State
- Texas
- Longitude
- -99.7376813
- Latitude
- 32.4449167
