Turnkey Metal Fabrication
809 S 7th Street Abilene, TX 79602
809 S 7th Street, Abilene, TX, 79602
$2,500,000
For Sale
$2,500,000
Fully-outfitted metal fabrication shop with equipment and storage.
Property Size12,840 SF
Lot Size1.50 Acres
Price / SF$194.70
Days on Market91
Property Features for 809 S 7th Street
General Information
- Standard status
- Active
- Size
- 12,840 SF
- Lot size
- 1.50 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2017
Listing agency
Barnett & Hill
(325) 677-3500
Listed by
John Hill · License #0627718
(325) 721-4428
Source
Signaturere
Added: Apr 22 Updated: Jul 10 at 1:18PM Checked: Jul 20 at 4:44AM
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 property features a 12,000-square-foot warehouse with an 840-square-foot office, zoned HC. It is currently home to Abilene Industrial Service, Inc., a metal fabrication business. All equipment used by the business in the warehouse will convey with the sale, providing the buyer with a fully-outfitted, turnkey metal fabrication shop. The shop has a height of 28 feet, with 10 feet above the craneway and 18 feet under the craneway. It includes two 14-foot by 16-foot electric-operated roll-up doors. A partial inventory of equipment included in the sale features a Cincinnati press brake and shear, two Miller welders, multiple threaders, two 5-ton bridge cranes, three hoists (one 3-ton, two 2-ton), three forklifts, and four drill presses, plus a 10-ton freestanding bridge crane, along with other tools and implements essential to equipping a comprehensive metal fabrication shop. The primary warehouse with the main office and outdoor storage is situated on 1.01 acres zoned HC at the southwest corner of Pecan and S 7th. An additional 0.49 acres zoned CB is located on the northeast corner of Pecan and S 7th, surrounded by an 8-foot chain link fence, with sea containers and a 2,964-square-foot building for additional storage.
Key Highlights
- Turnkey metal fabrication shop: Includes all equipment from Abilene Industrial Service, Inc.
- 12,000 sf warehouse with 840 sf office space.
- HC zoning on 1.01 acres at the corner of Pecan & S 7th.
Local 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 | $131.0k | $10.20 |
| − Vacancy | −$6.5k | −$0.51 |
| EGI | $124.4k | $9.69 |
| − OpEx | −$37.3k | −$2.91 |
| NOI | $87.1k | $6.78 |
12,840 SF · lease $10.20/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.24M
$1.09M – $1.45M
NOI $87,094 @ 7.0% cap · market cap 3.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.87M
$2.51M – $3.34M
NOI $200,674 @ 7.0% cap · market cap 8.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
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General Contractor
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FAQs
What type of property is this?
Manufacturing property - Fully-outfitted metal fabrication shop with equipment and storage.
Where is this manufacturing property located?
The property is located at 809 S 7th Street Abilene, TX.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Turnkey metal fabrication shop: Includes all equipment from Abilene Industrial Service, Inc.; 12,000 sf warehouse with 840 sf office space.; HC zoning on 1.01 acres at the corner of Pecan & S 7th.
