Flex Building with Fenced
For Sale
Under Contract
$3,900,000
5050 E US Highway 80, Abilene, TX 79601
CommercialSale, Abilene, TX
Property Size40,000 SF
Lot Size7.60 Acres
Price / SF$97.50
Days on Market72
Property Features for 5050 E US Highway 80
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Light Industrial
Parking features
Parking Lot, Gated
Accessibility
Accessible Approach with Ramp
Subdivision
E HWY 80
Lot features
Acreage, Cleared, Corner Lot, Level
Directions
5050 E HWY 80 is located at the intersecting point of Interstate 20 & E HWY 80
Standard status
Active Under Contract
APN
27076
Lot size
7.60 Acres
Taxes and HOA fees
Tax Description
A1041 SUR 44 B A L NW/4, TRACT 1 BLK A E 80 A
Tax Annual Amount
15207
Legal Description
A1041 SUR 44 B A L NW/4, TRACT 1 BLK A E 80 A
Utilities
Sewer type
Public Sewer
Heating system
Central, Natural Gas
Cooling system
Central Air, Zoned
Water source
Public
Building Details
Year built
1981
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
SteelSiding
Roof type
Metal
Listing Agency:
Barnett & Hill
Listed By:
Timothy Smith · License #0824681
(325) 677-3500
Added: Jul 10
Changed: Sep 13
Last Checked: Sep 19 at 12:06AM
MLS# 21182865
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.
This flex property includes an approximately 40,000-square-foot building on 7.6 fenced acres. The layout provides extensive warehouse area, 5,776 square feet of office space, four restrooms, a loading dock, and a heated paint booth room. Three-phase power supports industrial operations, while the improvements feature steel siding, a metal roof, and concrete flooring. Central and zoned air conditioning, natural-gas and central heating, public water, and public sewer are also in place.
Exterior improvements include an asphalt parking lot, gated access, and additional yard area suited to heavy equipment, materials, or vehicle storage. The property sits between I-20 and East Highway 80. Identified potential applications include industrial business, energy operations, manufacturing, fabrication, warehousing, and trucking.
Exterior improvements include an asphalt parking lot, gated access, and additional yard area suited to heavy equipment, materials, or vehicle storage. The property sits between I-20 and East Highway 80. Identified potential applications include industrial business, energy operations, manufacturing, fabrication, warehousing, and trucking.
Key Highlights
- Approximately 40,000‑square‑foot flex building on 7.6 fenced acres
- 5,776 square feet of office space with four restrooms
- Three‑phase power and heated paint booth room
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$337,272
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.65%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,745,440
$6.7M
Cap Rate 7%
$4,818,171
$4.8M
Cap Rate 9%
$3,747,467
$3.7M
Market Conditions
NOI Build-Up for 40,000 SF
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.
Gross rent
$552.0K $13.80/SF
− Vacancy
−$33.1K −$0.83/SF
EGI
$518.9K $12.97/SF
− OpEx
−$181.6K −$4.54/SF
NOI
$337.3K $8.43/SF
Area
Abilene, TX
Vacancy
6.00%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,745,440
Cap Rate 7%
$4,818,171
Cap Rate 9%
$3,747,467
Alternative Uses
Best Use
Flex RnD
$4.82M
$4.22M – $5.62M
NOI $337,272 @ 7.0% cap · market cap 8.65%
Second Best
Warehouse
$4.17M
$3.65M – $4.87M
NOI $292,230 @ 7.0% cap · market cap 7.49%
Theoretical Best
Office A
$8.93M
$7.81M – $10.42M
NOI $625,152 @ 7.0% cap · market cap 16.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Dock-high doors
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
Well-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial improvements combine substantial warehouse capacity with dedicated office and utility infrastructure.
Where is this flex space located?
The property is located at 5050 E US Highway 80 Abilene, TX.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Approximately 40,000‑square‑foot flex building on 7.6 fenced acres; 5,776 square feet of office space with four restrooms; Three‑phase power and heated paint booth room
