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    598 Westwood Dr Abilene, TX 79603

    For Sale
    Contact for pricing

    27,234 SF Executive Office Space

    Property size:
    27,234 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional two-story, 27,234-square-foot Class C office building in Abilene, Texas, presents a compelling value-add opportunity. Boasting an attractive atrium design, the property is situated on a 1.381-acre lot and features ample parking, including some covered spaces, and a convenient elevator. Built in 1965, the building is zoned GR - General Retail, allowing for a wide range of uses, including retail, services, and office activities. The property is currently multi-tenant, offering potential for owner-occupancy with income-producing tenants. This is a standalone offering from a larger portfolio, and the seller will consider owner financing. The property's location at 598 Westwood Dr, Abilene, TX 79603, offers excellent access to the community. This is a rare opportunity to acquire a well-located, versatile commercial property with significant upside potential.

    Property Features for 598 Westwood Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    27,234 SF
    Class
    C
    Lot Size
    60,156 SF

    Building Details

    Year Built
    1965

    HighLights

    • Value‑Add Investment Opportunity
    • Abundant Parking, Partially Covered
    • Elevator Service
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Abilene society of model ... Club Jeks Healthcare Clinic Medical Clinic Reveal Toy & Entertainment ... Toy Store JEKS Healthcare of the Big ... Urgent Care Center Westwood Professional Building Corporate Office

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.7681301
    Latitude
    32.4538767

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    FAQs

    What type of property is this?
    Office Property Space - 27,234 SF Executive Office Space
    Where is this office property space located?
    The property is located at 598 Westwood Dr Abilene, TX.
    What are key features of this property?
    This property features: Value-Add Investment Opportunity; Abundant Parking, Partially Covered; Elevator Service
    Request Owner's contact information
    598 Westwood Dr Abilene, TX 79603
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    Abilene, TX 79603
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    598 Westwood Dr Abilene, TX 79603
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