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    Abilene Redevelopment Opportunity on 14th Title is generated by Realmo AI

    4515 S 14th Street, Abilene, TX 79605

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    For Sale
    $3,999,900

    5-acre redevelopment opportunity with existing 18,753 SF campus.

    Type:Commercial
    Property size:
    18,753 SF
    Lot size:
    5.06 Acres
    Price / SF:
    $213/SF
    Added:
    Apr 22, 2026
    Days on Market:
    51
    Last Refresh:
    Apr 22 at 5:14 pm

    Property Features for 4515 S 14th Street

    General Information

    Standard status
    Active
    Size
    18,753 SF
    Lot size
    5.06 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1990

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    Listing Contact
    Sandra Minnick

    Listing agent Sandra Minnick

    Listing office Berkshire Hathaway HS Stovall

    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 Berkshire Hathaway HS Stovall

    HighLights

    • 5.06‑acre redevelopment opportunity in south Abilene.
    • Excellent visibility and access with 382 feet of frontage on S 14th St.
    • Zoned Medium Density (MD) supporting townhomes, patio homes, and other residential projects.
    • Proximity to established residential neighborhoods and retail corridors.
    • Existing 18,753 SF facility suitable for continued institutional use.
    • Ample on‑site parking.

    Overview

    This is a rare 5-acre redevelopment opportunity featuring an existing 18,753 square foot campus. The property is positioned along one of south Abilene's most traveled corridors, just off South 14th Street. It offers strong visibility, convenient access, and proximity to established residential neighborhoods and retail corridors. The existing improvements include a well-sized facility with multiple rooms, large gathering areas, and ample on-site parking. This makes it suitable for continued institutional use such as a church, school, medical, or community center. The true value lies in the 5.06-acre tract, offering significant potential for residential or mixed-use redevelopment. With approximately 382 feet of frontage on South 14th Street, the property provides excellent access, visibility, and flexibility for future site planning. Zoned Medium Density (MD), the site supports a variety of development opportunities including townhomes, patio homes, or other residential projects. This makes it an attractive option for investors and developers seeking a well-located infill tract in south Abilene.

    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 $382.6k $20.40
    − Vacancy −$24.9k −$1.33
    EGI $357.7k $19.07
    − OpEx −$143.1k −$7.63
    NOI $214.6k $11.44
    18,753 SF · lease $20.40/SF/yr · vacancy 6.50% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $3.07M
    $2.68M – $3.58M (±1% cap)
    NOI $214,617 @ 7.0% cap · market cap 5.37%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $4.19M
    $3.66M – $4.88M (±1% cap)
    NOI $293,087 @ 7.0% cap · market cap 7.33%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Westminster Presbyterian Church Church

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.7814356
    Latitude
    32.4309109

    FAQs

    What type of property is this?
    Commercial land - 5-acre redevelopment opportunity with existing 18,753 SF campus.
    Where is this commercial land located?
    The property is located at 4515 S 14th Street Abilene, TX.
    What is the asking price?
    The asking price for this property is $3,999,900.
    What are key features of this property?
    This property features: 5.06‑acre redevelopment opportunity in south Abilene.; Excellent visibility and access with **382 feet of frontage on S 14th St.**; Zoned Medium Density (MD) supporting townhomes, patio homes, and other residential projects.
    More about this property
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