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    1101 Palm St Abilene, TX 79602

    For Sale
    $1,290,000

    Thriving Pet Business, Great Location

    Property size:
    7,056 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional Abilene, TX, commercial property offers a fully operational, 7,056 sq ft pet boarding and grooming facility on a 44,350 sq ft lot. The two-story Class B building boasts 100% occupancy and includes separate kennel areas for dogs and cats, a fully equipped grooming area, and a spacious upstairs apartment with two bedrooms and a full bath. Additional features include a welcoming reception area, ample storage, a large workshop/bus barn (50x20 ft with 50-amp power), three fenced play yards with covered porches and a gazebo, and a dedicated parking area. The property also includes a 2012 VPG MV1 vehicle used for a successful pet taxi service. The business has a proven track record of over 20 years and currently maintains a waiting list for grooming services. The property's zoning is commercial, allowing for potential expansion opportunities. The asking price is $1,290,000 ($182.82/sq ft). Financials are available upon request. This turnkey operation presents a unique opportunity for a savvy investor seeking a profitable and established business with significant growth potential.

    Property Features for 1101 Palm St

    General Information

    Property type
    Individual retail properties
    Square Feet
    7,056 SF
    Class
    B

    Building Details

    Buildings
    1
    Stories
    2
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Diamonds in the Ruff Pet Boarding Service New River Ministries Religious Organization Taxi My Pet Taxi Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.740877480887
    Latitude
    32.436851273522

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    FAQs

    What type of property is this?
    Individual retail property - Thriving Pet Business, Great Location
    Where is this individual retail property located?
    The property is located at 1101 Palm St Abilene, TX.
    What is the asking price?
    The asking price for this property is $1,290,000.
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    1101 Palm St Abilene, TX 79602
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    Abilene, TX 79602
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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
    1101 Palm St Abilene, TX 79602
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