Manufacturing Facility with Bridge
For Sale
$2,250,000
917 Oil Center Drive, Abilene, TX 79601
CommercialSale, Abilene, TX
Property Size17,650 SF
Lot Size4.11 Acres
Price / SF$127.48
Days on Market48
Property Features for 917 Oil Center Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
HI
Parking features
Gated, Parking Lot
Subdivision
H & W Tool Co Sec 1
Lot features
Acreage, Cleared
Directions
GPS Friendly
Standard status
Active
APN
35504
Lot size
4.11 Acres
Taxes and HOA fees
Tax Description
H & W TOOL CO SEC 1 CONT 2, BLOCK B, LOT 301
Tax Annual Amount
18922
Legal Description
H & W TOOL CO SEC 1 CONT 2, BLOCK B, LOT 301
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Electric
Water source
Public
Building Details
Year built
1982
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
AluminumSiding
Roof type
Metal
Listing Agency:
Redrock Realty Group
(325) 721-8800
Listed By:
Dylan Burnett · License #0833216
(325) 669-5151
Added: Aug 29
Changed: Sep 25
Last Checked: Oct 15 at 7:06PM
MLS# 21367899
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.
This manufacturing property at 917 Oil Center Drive in Abilene contains 17,650 square feet of combined shop and office space. The facility is configured for machine-shop operations and includes three-phase power and an overhead bridge crane. A 6,560-square-foot covered awning provides additional sheltered area, while the site totals 4.11 acres. The building dates to 1982 and has concrete flooring, aluminum siding, and a metal roof.
Gated access and a parking lot serve the property. Public water and sewer are available, with natural gas heating and electric cooling.
Gated access and a parking lot serve the property. Public water and sewer are available, with natural gas heating and electric cooling.
Key Highlights
- 17,650 square feet of combined shop and office space
- 4.11‑acre manufacturing property
- Overhead bridge crane and three‑phase power
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$119,720
Cap Rate
5.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,394,400
$2.4M
Cap Rate 7%
$1,710,286
$1.7M
Cap Rate 9%
$1,330,222
$1.3M
Market Conditions
NOI Build-Up for 17,650 SF
Gross rent
$180.0K $10.20/SF
− Vacancy
−$9.0K −$0.51/SF
EGI
$171.0K $9.69/SF
− OpEx
−$51.3K −$2.91/SF
NOI
$119.7K $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%
$2,394,400
Cap Rate 7%
$1,710,286
Cap Rate 9%
$1,330,222
Alternative Uses
Best Use
Industrial
$1.71M
$1.50M – $2.00M
NOI $119,720 @ 7.0% cap · market cap 5.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.94M
$3.45M – $4.60M
NOI $275,848 @ 7.0% cap · market cap 12.26%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
47
Businesses Nearby
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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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Active machine-shop operations share the facility with dedicated office space and three-phase electrical service.
Where is this manufacturing property located?
The property is located at 917 Oil Center Drive Abilene, TX.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 17,650 square feet of combined shop and office space; 4.11‑acre manufacturing property; Overhead bridge crane and three‑phase power
