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6803 Us Highway 277, Abilene, TX, 79601
Warehouse-Office Building Near Abilene

6803 Us Highway 277 Abilene, TX 79601

For Sale
$5,100,000

High-quality warehouse and office space near Abilene and Lancium Data Center.

Property Size66,292 SF
Lot Size2.77 Acres
Price / SF$76.93
Days on Market97

Property Features for 6803 Us Highway 277

General Information

Standard status
Active
Size
66,292 SF
Lot size
2.77 Acres
Property subtype
Commercial

Building Details

Year Built
1967
Listing Agency: Chris Barnett Real Estate
Listed By: Chris Barnett · License #0477804
Source: Signaturere
Added: Apr 22 Changed: Jul 10 Last Checked: Jul 26 at 4:44PM

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 Chris Barnett Real Estate


Investment Insights

Based on property information with market context.

This property features a high-quality warehouse-office building located just north of Abilene, near the new Lancium Data Center on Hwy 277. The site includes four buildings totaling 64,079 square feet of insulated warehouse space and 2,213 square feet of Class A office space. Situated on a 2.77-acre site, the property offers both dock-high access and ground-level service doors. It is located on the access road of US Hwy 277 North, approximately 3.5 miles north of Interstate 20. The buildings are constructed with pre-engineered metal panels over steel I-Beam frames, galvanized steel roof panels, and reinforced concrete foundations. A full roof overlay was completed in 2025 with IB PVC, along with new trim, gutters, and skylights. All buildings have vinyl-backed insulation on the walls and ceilings. Numerous manually operated overhead doors are present throughout the buildings. The large building features dock-high access with two overhead cranes spanning its length (5 & 10 Ton). Two of the dock-high spaces are covered by the building structure. Eave heights range from 12 to 27 feet. Site improvements include asphalt-paved yard areas, a concrete-paved parking area along the frontage road, a 6-foot chain-link perimeter fence, and exterior building-mounted security lights. All utilities are available to the facility, including natural gas. There is currently no survey of the property.

Key Highlights

  • Exceptional location near Abilene and the Lancium Data Center on Hwy 277.
  • 64,079 sf of Insulated Warehouse space and 2,213 sf Class A Office Space.
  • Dock high access with 2 overhead cranes (5 & 10 Ton) in the large building.

Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $676.2k $10.20
− Vacancy −$33.8k −$0.51
EGI $642.4k $9.69
− OpEx −$192.7k −$2.91
NOI $449.7k $6.78
66,292 SF · lease $10.20/SF/yr · vacancy 5.00% · expense 30.00%

Alternative Uses

Best Use
Office B
$10.50M
$9.19M – $12.26M (±1% cap)
NOI $735,344 @ 7.0% cap · market cap 14.42%
Second Best
Warehouse
$6.92M
$6.05M – $8.07M (±1% cap)
NOI $484,313 @ 7.0% cap · market cap 9.50%
Theoretical Best
Office A
$14.80M
$12.95M – $17.27M (±1% cap)
NOI $1,036,064 @ 7.0% cap · market cap 20.31%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

HVAC Service Plumbing Service Building Supply Storage Facility Auto Repair Shop (Bike/Boat/Book/etc) Store Department Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Red Barn — Hawley, TX 79525, United States

FAQs

What type of property is this?
Warehouse - High-quality warehouse and office space near Abilene and Lancium Data Center.
Where is this warehouse located?
The property is located at 6803 Us Highway 277 Abilene, TX.
What is the asking price?
The asking price for this property is $5,100,000.
What are key features of this property?
This property features: Exceptional location near Abilene and the Lancium Data Center on Hwy 277.; **64,079 sf of Insulated Warehouse space and 2,213 sf Class A Office Space.**; **Dock high access with 2 overhead cranes (5 & 10 Ton) in the large building.**
More about this property
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