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Fenced Flex Facility With Yard
For Sale
$3,900,000

5050 US Highway 80, Abilene, TX 79601

Industrial building with office, warehouse, and three-phase power.

Property Size40,000 SF
Lot Size7.60 Acres
Price / SF$95.02
Days on Market178

Property Features for 5050 US Highway 80

General Information

Standard status Active
Size 40,000 SF
Lot size 7.60 Acres
Property subtype Industrial

Site & Location

Highway Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Warehouse & Industrial

Office Build-Out 5,776 SF
Three-Phase Power Yes

Taxes and HOA fees

Annual Taxes $15,207

Amenities

A/C - Zone
3
Level
Easement, US Highway, Interstate Service Road, Acreage, Clear lot, Level.

Building Details

Year Built 1981
Buildings 1
Building Size 40,000 SF
Listing Agency: Barnett & Hill
Listed By: Timothy Smith · License #0689037
Source: Xome
Added: Feb 15 Changed: Aug 12 Last Checked: Aug 12 at 3:39AM

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

Investment Insights

Based on property information with market context.

This flex property combines substantial warehouse area with 5,776 square feet of office space, four restrooms, and a heated paint booth room. The site includes three-phase power, a loading dock, an asphalt parking lot, and fenced yard space suited to equipment, materials, or vehicle storage. The improvements date to 1981, and the parcel is level with a clear lot configuration.

Located at 5050 US Highway 80 in Abilene, the property sits between I-20 and East Highway 80, with access involving the US Highway and interstate service road. The site may accommodate industrial business, energy, manufacturing, fabrication, warehousing, or trucking operations, as identified in the property information.

Key Highlights

  • 7.6‑acre fenced site with level, clear yard space
  • Three‑phase power supports industrial operations
  • 5,776 square feet of office space

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
$346,058
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
8.87%
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%
$6,921,160 $6.9M
Cap Rate 7%
$4,943,686 $4.9M
Cap Rate 9%
$3,845,089 $3.8M
Market Conditions
NOI Build-Up for 41,042 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
$566.4K $13.80/SF
− Vacancy
−$34.0K −$0.83/SF
EGI
$532.4K $12.97/SF
− OpEx
−$186.3K −$4.54/SF
NOI
$346.1K $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%
$6,921,160
Cap Rate 7%
$4,943,686
Cap Rate 9%
$3,845,089

Alternative Uses

Best Use
Office B
$6.50M
$5.69M – $7.59M (±1% cap)
NOI $455,258 @ 7.0% cap · market cap 11.67%
Second Best
Flex RnD
$4.94M
$4.33M – $5.77M (±1% cap)
NOI $346,058 @ 7.0% cap · market cap 8.87%
Theoretical Best
Office A
$9.16M
$8.02M – $10.69M (±1% cap)
NOI $641,437 @ 7.0% cap · market cap 16.45%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Building Supply Auto Parts Store Garden Center (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
Well-served
Demand for This Use

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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Industrial building with office, warehouse, and three-phase power.
Where is this flex space located?
The property is located at 5050 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: 7.6‑acre fenced site with level, clear yard space; Three‑phase power supports industrial operations; 5,776 square feet of office space
More about this property
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