Mixed-Use Property with
For Sale
$325,000
6826 Us Highway 277 S, Abilene, TX 79606
A separate house offers office potential alongside a woodworking shop with an unfinished efficiency apartment.
Property Size3,709 SF
Price / SF$87.62
Days on Market34
Property Features for 6826 Us Highway 277 S
General Information
Standard status
Active
Size
3,709 SF
Amenities
deluxe shop vacuum
air-conditioning
cedar closet
storage
Building Details
Year Built
1986
Buildings
2
Listing Agency:
Sendero Properties, LLC
Listed By:
Jennifer Fraser · License #0763719
(325) 864-3958
Source:
Yourdavisteam
Added: Sep 28
Changed: Oct 25
Last Checked: Oct 30 at 6:55PM
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 Sendero Properties, LLC
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Investment Insights
Based on property information with market context.
The 3,709-SF mixed-use property includes a house that may serve as an office and a woodworking shop. Shop features include air-conditioning, a built-in vacuum system, storage, and a cedar closet. An unfinished efficiency apartment has its own entrance.
The property was built in 1986 and is located on US Highway 277 S in Abilene, Texas.
The property was built in 1986 and is located on US Highway 277 S in Abilene, Texas.
Key Highlights
- 3,709 SF mixed‑use property
- Woodworking shop includes built‑in vacuum system and air‑conditioning
- Unfinished efficiency apartment has a separate entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,158
Cap Rate
7.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,160
$503.2K
Cap Rate 7%
$359,400
$359.4K
Cap Rate 9%
$279,533
$279.5K
Market Conditions
NOI Build-Up for 3,709 SF
Gross rent
$37.8K $10.20/SF
− Vacancy
−$1.9K −$0.51/SF
EGI
$35.9K $9.69/SF
− OpEx
−$10.8K −$2.91/SF
NOI
$25.2K $6.78/SF
Area
Abilene, TX
Vacancy
5.00%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,160
Cap Rate 7%
$359,400
Cap Rate 9%
$279,533
Alternative Uses
Best Use
Mixed Use
$542.4K
$474.6K – $632.9K
NOI $37,971 @ 7.0% cap · market cap 11.68%
Second Best
Industrial
$359.4K
$314.5K – $419.3K
NOI $25,158 @ 7.0% cap · market cap 7.74%
Theoretical Best
Office A
$828.1K
$724.6K – $966.1K
NOI $57,967 @ 7.0% cap · market cap 17.84%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
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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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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A separate house offers office potential alongside a woodworking shop with an unfinished efficiency apartment.
Where is this mixed-use property located?
The property is located at 6826 Us Highway 277 S Abilene, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 3,709 SF mixed‑use property; Woodworking shop includes built‑in vacuum system and air‑conditioning; Unfinished efficiency apartment has a separate entrance
