Modern Office
For Sale
Contact for pricing
441 Lone Star Dr, Abilene, TX 79602
Modern office building constructed in 2005 with a functional layout and PD zoning for versatile commercial use.
Property Size2,740 SF
Price / SF$218.61
Days on Market10
Property Features for 441 Lone Star Dr
General Information
Standard status
Active
Size
2,740 SF
Property subtype
Office
Zoning
PD
Building Details
Year Built
2005
Listing Agency:
Silver Oak Commercial Realty
(817) 849-8282
Listed By:
Russ Webb · License #TX 0488983
Source:
Crexi
Added: Jul 24
Changed: Jul 28
Last Checked: Aug 1 at 6:29PM
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 Silver Oak Commercial Realty
Investment Insights
Based on property information with market context.
This 2,740 SF modern office building was constructed in 2005 and designed to support day-to-day business operations. The property offers a generous, functional layout and is positioned for potential office expansion.
The building is strategically zoned PD for versatile commercial use in the Abilene area.
As an office building, it presents a straightforward opportunity for buyers seeking a modern, purpose-built space with room for growth.
The building is strategically zoned PD for versatile commercial use in the Abilene area.
As an office building, it presents a straightforward opportunity for buyers seeking a modern, purpose-built space with room for growth.
Key Highlights
- 2,740 SF modern office building constructed in 2005
- PD zoning provides versatile commercial use potential
- Functional office layout designed to support business operations
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 | $47.7k | $17.40 |
| − Vacancy | −$7.2k | −$2.61 |
| EGI | $40.5k | $14.79 |
| − OpEx | −$10.1k | −$3.70 |
| NOI | $30.4k | $11.09 |
2,740 SF · lease $17.40/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$434.2K
$379.9K – $506.6K
NOI $30,393 @ 7.0% cap · market cap 5.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$611.8K
$535.3K – $713.7K
NOI $42,823 @ 7.0% cap · market cap 7.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
216
Businesses Nearby
Explore this area
Business Placement
Demographics for 79602, TX
25,389
Population
11,127
Households
2.3
Avg Household Size
36
Median Age
34%
College-Educated
91%
High-School Grad
121.7 sq mi
ZIP Area
209
Density / Sq Mi
$84,845
Median Household Income
$39,044
Median Earnings
$1,123
Median Rent
$233,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Modern office building constructed in 2005 with a functional layout and PD zoning for versatile commercial use.
Where is this office building located?
The property is located at 441 Lone Star Dr Abilene, TX.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 2,740 SF modern office building constructed in 2005; PD zoning provides versatile commercial use potential; Functional office layout designed to support business operations
