Auto Shop With
881 Pine Street, Abilene, TX 79601
For Sale
$699,000
CommercialSale, Abilene, TX
Property Size8,625 SF
Lot Size0.48 Acres
Price / SF$81.04
Days on Market165
Property Features for 881 Pine Street
General Information
Property type
Property subtype
Zoning description
Security features
Subdivision
Lot features
Directions
Standard status
APN
Lot size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
roll-up bay doors
wash bay
restrooms
office
parts room
showroom
fenced yard
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
McCullar Properties Group LLC
Listed By:
Josh Rader · License TX #0661281
(325) 665-4037
Added: Jun 2
Changed: Oct 21
Last Checked: Nov 13 at 1:06PM
MLS# 21263316
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1962, this 8,625-square-foot auto shop combines repair, customer-facing, and support areas within a single commercial facility. The layout includes seven roll-up bay doors, a separate wash bay, two restrooms, an office, a parts room, and a front showroom. Brick and block construction, concrete flooring, natural gas heat, window-unit cooling, and a metal and built-up roof are in place.
The property occupies 0.482 acres at 881 Pine Street in Abilene, with public water and public sewer service. A fully fenced yard provides enclosed exterior space for storage and parking. The site is situated near downtown Abilene and within the broader area of Hendrick Health, Texas Tech Health Sciences Center, and Hardin-Simmons University.
The property occupies 0.482 acres at 881 Pine Street in Abilene, with public water and public sewer service. A fully fenced yard provides enclosed exterior space for storage and parking. The site is situated near downtown Abilene and within the broader area of Hendrick Health, Texas Tech Health Sciences Center, and Hardin-Simmons University.
Key Highlights
- 8,625‑square‑foot auto repair and sales facility
- 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
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
7
Service bays
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
910
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Lonestar Auto Center — 1702 N 1st St, Abilene, TX 79603
- MTM Co — 220 N 2nd St, Abilene, TX 79601
- Tint Shop — Abilene, TX 79604
- CIC Insurance Brokers Llc — 401 Cypress St # 500, Abilene, TX 79601
- Perry Automotive — 409 N Treadaway Blvd, Abilene, TX 79601
Frequently Asked Questions
What type of property is this?
Auto shop - Central commercial building includes service bays, customer reception space, secured outdoor yard, and a dedicated wash area.
Where is this auto shop located?
The property is located at 881 Pine Street 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‑square‑foot auto repair and sales facility; Seven roll‑up bay doors plus a dedicated wash bay; Front showroom, office, parts room, and two restrooms
