Office Building with Conference
For Sale
$499,999
5533 US Highway 277 S S, Abilene, TX 79606
Four private rooms accompany reception and waiting areas, a kitchen, a dining area, and two bathrooms.
Property Size2,400 SF
Lot Size0.67 Acres
Price / SF$208.33
Days on Market8
Property Features for 5533 US Highway 277 S S
General Information
Standard status
Active
Size
2,400 SF
Lot size
0.67 Acres
Site & Location
Neighborhood
Park Central Area
Highway Access
Yes
Road Access
Yes
Additional Details
Property Use
Office
Amenities
receptionist area
waiting area
conference room
kitchen
dining area
Building Details
Year Built
2003
Buildings
1
Listing Agency:
RE/MAX Big Country
(325) 750-6188
Listed By:
Brina Seaton · License #0819352
(325) 721-5252
Source:
Diligentcre
Added: Oct 24
Changed: Oct 25
Last Checked: Oct 30 at 2:48PM
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 RE/MAX Big Country
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2003, this 2,400-square-foot office building occupies approximately 0.67 acres. Its interior includes a receptionist area, a waiting area, four private rooms, a conference room, and two bathrooms, including one full bathroom. A kitchen and separate dining area are also part of the layout.
The property fronts US Highway 277 in Abilene, with parking areas at both the front and rear of the building. Mature trees are present on the site.
The property fronts US Highway 277 in Abilene, with parking areas at both the front and rear of the building. Mature trees are present on the site.
Key Highlights
- 2,400‑square‑foot office building constructed in 2003
- Approximately 0.67‑acre site on US Highway 277 in Abilene
- Four private rooms, plus 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.
How Realmo checks its estimates
Property Analytics
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
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Four private rooms accompany reception and waiting areas, a kitchen, a dining area, and two bathrooms.
Where is this office building located?
The property is located at 5533 US Highway 277 S 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 constructed in 2003; Approximately 0.67‑acre site on US Highway 277 in Abilene; Four private rooms, plus a conference room
