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Office Buildings with Industrial Zoning
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For Sale
$4,000,000

4517 Derrick Dr, Abilene, TX 79601

Two matching office buildings offer private offices, conference rooms, and support areas under heavy industrial zoning.

Property Size9,600 SF
Lot Size7.75 Acres
Price / SF$416.67
Days on Market2

Property Features for 4517 Derrick Dr

General Information

Standard status Active
Size 9,600 SF
Total Parking Spaces 24
Lot size 7.75 Acres
Property subtype Commercial
Zoning Heavy Industrial

Site & Location

Highway Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Warehouse & Industrial

Office Build-Out 9,600 SF
Rail Access Yes

Taxes and HOA fees

Annual Taxes $27,375

Amenities

ADA restrooms
private offices
server/technology rooms
break rooms
conference rooms
reception/lobby area
exterior security cameras & lights
railroad access

Building Details

Year Built 2019
Buildings 2
Listing Agency: Barnett & Hill. Contact:
Listed By: Timothy Smith · License #0824681
Source: Settleindfw
Added: Oct 12 Changed: Oct 13 Last Checked: Oct 13 at 2:47AM

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 Barnett & Hill. Contact:

Investment Insights

Based on property information with market context.

Built in 2019, the property contains two matching office buildings with a combined 9,600 square feet. Their interiors include 22 private offices, two conference rooms, two technology rooms, two break rooms, four ADA restrooms, and a reception area in each building. Exterior security cameras and lighting serve both structures. The concrete parking area has 22 spaces plus two handicapped spaces, and approximately 2 acres of caliche ground provide additional vehicle or equipment parking and storage. The site totals 7.75 acres: 3.62 fenced acres with the buildings and an adjoining 4.13-acre parcel. Railroad access is available at the rear of each parcel. The property is leased through February 28, 2027, and is near Abilene Airport and Great Lakes Cheese Factory, off Hwy 80.

Key Highlights

  • Two office buildings totaling 9,600 square feet; built in 2019
  • 7.75 acres, including 3.62 fenced acres and an adjoining 4.13‑acre parcel
  • Heavy industrial zoning

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Electrical Service Garden Center Building Supply (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

34
Businesses Nearby

Demographics for 79601, TX

26,515
Population
9,422
Households
2.8
Avg Household Size
32
Median Age
21%
College-Educated
84%
High-School Grad
263.0 sq mi
ZIP Area
101
Density / Sq Mi
$54,515
Median Household Income
$24,704
Median Earnings
$988
Median Rent
$182,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Two matching office buildings offer private offices, conference rooms, and support areas under heavy industrial zoning.
Where is this office building located?
The property is located at 4517 Derrick Dr Abilene, TX.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Two office buildings totaling 9,600 square feet; built in 2019; 7.75 acres, including 3.62 fenced acres and an adjoining 4.13‑acre parcel; Heavy industrial zoning
More about this property
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