Office Building with Conference
New
For Sale
$499,999
5533 US Highway 277 S, Abilene, TX 79606
CommercialSale, Abilene, TX
Property Size2,400 SF
Lot Size0.67 Acres
Price / SF$208.33
Days on Market2
Property Features for 5533 US Highway 277 S
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
O
Parking features
Parking Lot, Driveway
Security features
Security
Accessibility
Accessible Approach with Ramp
Subdivision
Southern Sands Addn Sec 2
Lot features
Cleared, Corner Lot, Few Trees
Directions
From Loop 322, take the US-277 South exit toward San Angelo. Continune approximately 1 mile to US-277 South to 5533 US HWY 277 . Property will be on the left.
Standard status
Active
APN
18630
Lot size
0.67 Acres
Taxes and HOA fees
Tax Annual Amount
9184
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Ceiling Fan(s), Central Air, Electric
Water source
Public
Amenities
receptionist area
waiting area
conference room
kitchen
dining area
mature trees
Building Details
Year built
2003
Floors in Building
1
Number of units
1
Flooring type
Tile, Carpet
Building materials
Brick, Rock, Stone
Listing Agency:
RE/MAX Big Country · RE/MAX International
Listed By:
Brina Seaton
(325) 750-6188
Added: Oct 21
Changed: Oct 22
Last Checked: Oct 22 at 10:06PM
MLS# 21415246
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.
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Investment Insights
Based on property information with market context.
Built in 2003, this 2,400-square-foot office building occupies approximately 0.67 acres. The interior includes a reception area, waiting space, four private rooms, a conference room, two bathrooms—including one full bath—and a kitchen with a separate dining area. Brick, rock, and stone are among the exterior materials, while flooring includes carpet and tile.
The property fronts US Highway 277 S in Abilene and has parking areas at both the front and rear. A ramp provides an accessible approach. Public water and sewer serve the site.
The property fronts US Highway 277 S in Abilene and has parking areas at both the front and rear. A ramp provides an accessible approach. Public water and sewer serve the site.
Key Highlights
- 2,400‑square‑foot office building on approximately 0.67 acres
- Built in 2003
- Four private rooms and a conference room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,622
Cap Rate
5.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$532,440
$532.4K
Cap Rate 7%
$380,314
$380.3K
Cap Rate 9%
$295,800
$295.8K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$41.8K $17.40/SF
− Vacancy
−$6.3K −$2.61/SF
EGI
$35.5K $14.79/SF
− OpEx
−$8.9K −$3.70/SF
NOI
$26.6K $11.09/SF
Area
Abilene, TX
Vacancy
15.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$532,440
Cap Rate 7%
$380,314
Cap Rate 9%
$295,800
Alternative Uses
Best Use
Office B
$380.3K
$332.8K – $443.7K
NOI $26,622 @ 7.0% cap · market cap 5.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$535.8K
$468.9K – $625.2K
NOI $37,509 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
138
Businesses Nearby
Explore this area
Business Placement
Demographics for 79606, TX
27,818
Population
13,191
Households
2.1
Avg Household Size
36
Median Age
38%
College-Educated
97%
High-School Grad
69.5 sq mi
ZIP Area
400
Density / Sq Mi
$83,201
Median Household Income
$48,062
Median Earnings
$1,165
Median Rent
$248,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - A multi-room layout includes private work areas, reception, a kitchen, dining space, and two bathrooms.
Where is this office building located?
The property is located at 5533 US Highway 277 S Abilene, TX.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: 2,400‑square‑foot office building on approximately 0.67 acres; Built in 2003; Four private rooms and a conference room
