Auto Repair Facility with
For Sale
$699,000
881 Pine St, Abilene, TX 79601
Central Abilene facility with service bays, showroom, wash bay, and fenced outdoor storage.
Property Size8,625 SF
Price / SF$81.04
Days on Market86
Property Features for 881 Pine St
General Information
Standard status
Active
Size
8,625 SF
Site & Location
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Automotive
Service Bays
7
Car Wash Bays
1
Amenities
two restrooms
office
parts room
front showroom
Building Details
Year Built
1962
Buildings
1
Listing Agency:
McCullar Properties Group LLC
Listed By:
Josh Rader · License #0661281
(325) 665-4037
Source:
Heritance
Added: Jul 21
Changed: Oct 6
Last Checked: Oct 7 at 3:24PM
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 McCullar Properties Group LLC
Investment Insights
Based on property information with market context.
This 8,625-square-foot automotive facility, built in 1962, combines repair, sales, and customer-facing space. The layout includes seven roll-up bay doors, a separate wash bay, two restrooms, an office, a parts room, and a front showroom for reception and vehicle display. A fully enclosed yard adds secure outdoor storage and parking capacity.
Located at 881 Pine St in Abilene, the property sits between downtown Abilene and major institutions including Hendrick Health, Texas Tech Health Sciences Center, and Hardin-Simmons University. Its zoning is described as flexible, supporting consideration of automotive, service, and other commercial uses.
Located at 881 Pine St in Abilene, the property sits between downtown Abilene and major institutions including Hendrick Health, Texas Tech Health Sciences Center, and Hardin-Simmons University. Its zoning is described as flexible, supporting consideration of automotive, service, and other commercial uses.
Key Highlights
- 8,625 SF automotive repair and sales facility at 881 Pine St, Abilene
- Seven roll‑up bay doors plus a dedicated wash bay
- Front showroom, office, parts room, and two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,503
Cap Rate
8.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,170,060
$1.2M
Cap Rate 7%
$835,757
$835.8K
Cap Rate 9%
$650,033
$650.0K
Market Conditions
NOI Build-Up for 8,625 SF
Gross rent
$88.0K $10.20/SF
− Vacancy
−$4.4K −$0.51/SF
EGI
$83.6K $9.69/SF
− OpEx
−$25.1K −$2.91/SF
NOI
$58.5K $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%
$1,170,060
Cap Rate 7%
$835,757
Cap Rate 9%
$650,033
Alternative Uses
Best Use
Retail
$1.05M
$916.5K – $1.22M
NOI $73,319 @ 7.0% cap · market cap 10.49%
Second Best
Industrial
$835.8K
$731.3K – $975.1K
NOI $58,503 @ 7.0% cap · market cap 8.37%
Theoretical Best
Office A
$1.93M
$1.68M – $2.25M
NOI $134,798 @ 7.0% cap · market cap 19.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
7
Service bays
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,218
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79601, TX
26,515
Population
9,422
Households
2.8
Avg Household Size
32
Median Age
21%
College-Educated
84%
High-School Grad
263.0 sq mi
ZIP Area
101
Density / Sq Mi
$54,515
Median Household Income
$24,704
Median Earnings
$988
Median Rent
$182,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Big Dawg Mechanic & Tire — abilene, tx 79602
- Abilene General Tire Co — 1517 S 1st St, Abilene, TX 79602
- Michael Paint & Bodyshop — 1549 S 1st St, Abilene, TX 79602
- Ppg Collision Repair Center — 1109 S 1st St, Abilene, TX 79602
- Good Time Autos — 1243 S 1st St, Abilene, TX 79602
Frequently Asked Questions
What type of property is this?
Auto shop - Central Abilene facility with service bays, showroom, wash bay, and fenced outdoor storage.
Where is this auto shop located?
The property is located at 881 Pine St Abilene, TX.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 8,625 SF automotive repair and sales facility at 881 Pine St, Abilene; Seven roll‑up bay doors plus a dedicated wash bay; Front showroom, office, parts room, and two restrooms
