Mixed-Use Office Property with Industrial
New
For Sale
$4,000,000
4517 Derrick Drive, Abilene, TX 79601
CommercialSale, Abilene, TX
Property Size9,600 SF
Lot Size7.75 Acres
Price / SF$416.67
Days on Market2
Property Features for 4517 Derrick Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Heavy Industrial
Parking features
Parking Lot
Security features
Security
Accessibility
Accessible Approach with Ramp
Subdivision
H & W Tool Co Sec 2
Lot features
Acreage
Directions
East HWY 80 to Bandera Park & left onto Derrick Drive.
Standard status
Active
APN
38442
Lot size
7.75 Acres
Taxes and HOA fees
Tax Description
H & W TOOL CO SEC 2 CONT 2, BLOCK B, LOT 17
Tax Annual Amount
27375
Legal Description
H & W TOOL CO SEC 2 CONT 2, BLOCK B, LOT 17
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Amenities
security cameras
exterior lights
ADA restrooms
server rooms
break rooms
conference rooms
reception area
Building Details
Year built
2019
Floors in Building
1
Number of units
2
Flooring type
Concrete, Paintedstained
Building materials
MetalSiding
Roof type
Metal
Listing Agency:
Barnett & Hill
(325) 677-3500
Listed By:
Timothy Smith · License #0824681
(904) 465-4345
Added: Oct 12
Last Checked: Oct 13 at 7:06PM
MLS# 21404904
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The 7.75-acre property includes two matching office buildings totaling 9,600 square feet. The buildings sit on 3.62 fenced acres, with another 4.13 acres on the adjacent eastern parcel. Each building has a reception area, and together they provide 22 private offices, two technology rooms, two break rooms, two conference rooms and four ADA restrooms. Exterior security cameras and lighting are installed at both buildings. The property was built in 2019 and is leased through February 28, 2027.
A concrete lot provides 22 parking spaces, including two accessible spaces. Approximately 2 acres of caliche area can accommodate truck, service-vehicle or equipment parking and heavy-equipment storage. Railroad access is available at the rear of each parcel. The property is near Abilene Airport and Great Lakes Cheese Factory, off Highway 80.
A concrete lot provides 22 parking spaces, including two accessible spaces. Approximately 2 acres of caliche area can accommodate truck, service-vehicle or equipment parking and heavy-equipment storage. Railroad access is available at the rear of each parcel. The property is near Abilene Airport and Great Lakes Cheese Factory, off Highway 80.
Key Highlights
- 7.75 acres, including 3.62 fenced acres and an adjacent 4.13‑acre eastern parcel
- Two office buildings with 9,600 square feet combined; built in 2019
- 22 private offices, two technology rooms, two break rooms, two conference rooms and four ADA restrooms
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two matching office buildings are leased through February 28, 2027, on a property zoned for heavy industrial use.
Where is this mixed-use property located?
The property is located at 4517 Derrick Drive 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: 7.75 acres, including 3.62 fenced acres and an adjacent 4.13‑acre eastern parcel; Two office buildings with 9,600 square feet combined; built in 2019; 22 private offices, two technology rooms, two break rooms, two conference rooms and four ADA restrooms
