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    Lake Rd Abilene, TX 79601

    For Sale
    Contact for pricing

    7.3 Acres Near Major Retailers

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 7.3-acre commercial land parcel presents a prime investment opportunity in Abilene, Texas. Strategically located on E Lake Rd, this property boasts unparalleled visibility and accessibility, situated less than half a mile from major retail anchors such as Walmart and Lowe's. The surrounding area is densely populated with a thriving commercial landscape, ensuring high traffic volume and strong consumer presence. Neighboring businesses include a diverse range of popular restaurants and retail establishments, such as Chili's, Chick-fil-A, Starbucks, Cracker Barrel, Raising Cane's, Panda Express, Wingstop, Coca-Cola, Golden Chick, and Tractor Supply. This strategic location offers significant potential for a variety of commercial developments, capitalizing on the existing high-traffic area and strong consumer base. The property's size and location make it ideal for a range of uses, from retail centers and restaurants to other commercial ventures. The 79601 zip code in Taylor County, Texas, ensures easy access to major transportation routes and a well-established infrastructure. This is a rare opportunity to acquire a substantial commercial land parcel in a high-demand location with exceptional growth potential. The property's proximity to established businesses guarantees a strong foundation for future success. Detailed site plans and zoning information are available upon request.

    Property Features for 0 Lake Rd

    General Information

    Property type
    Land
    Lot Size
    317,988 SF

    HighLights

    • 7.3‑acre commercial land parcel in Abilene, TX.
    • Excellent location less than 0.5 miles from Walmart and Lowe's.
    • High‑traffic area with nearby national retailers including Chili's, Chick‑fil‑A, Starbucks, Cracker Barrel, and more.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.6907842
    Latitude
    32.5026467

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    FAQs

    What type of property is this?
    Land - 7.3 Acres Near Major Retailers
    Where is this land located?
    The property is located at Lake Rd Abilene, TX.
    What are key features of this property?
    This property features: 7.3-acre commercial land parcel in Abilene, TX.; Excellent location less than 0.5 miles from Walmart and Lowe's.; High-traffic area with nearby national retailers including Chili's, Chick-fil-A, Starbucks, Cracker Barrel, and more.
    Request Owner's contact information
    Lake Rd Abilene, TX 79601
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    Lake Rd
    Abilene, TX 79601
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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
    Lake Rd Abilene, TX 79601
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