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    7602 Us-83 Abilene, TX 79606

    For Sale
    $1,743,000

    High-traffic retail land, excellent access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 8-acre development tract in Abilene, Texas, presents a unique investment opportunity. Located just south of Hendrick Medical Center, Sam's Club, and a new apartment complex, this prime property boasts unparalleled visibility and accessibility. Situated off Highway 83/84 and a half-mile north of FM 707, it benefits from high traffic volume and excellent elevation. The strategic location between highway on and off-ramps ensures easy access for potential businesses and customers. The property's configuration allows for flexible development options. A hard corner can be subdivided into two 2-acre parcels, ideal for individual pad sites, with the remaining land suitable for strip retail development. The property's depth also makes it suitable for a self-storage project. Zoned for general commercial use, this land offers significant potential for a variety of retail uses, including convenience stores, restaurants, and shopping centers. The land value is priced between $5 and $9 per square foot, representing a below-market value for this highly desirable location in Taylor County, Texas, with the address being 7602 US-83, Abilene, TX 79606. This is a rare chance to acquire a substantial tract in a rapidly growing area.

    Property Features for 7602 Us-83

    General Information

    Property type
    Lifestyle centers
    Lot Size
    65,340 SF

    HighLights

    • $1,743,000 asking price.
    • Retail property encompassing convenience store, restaurant, and shopping center uses.
    • General Commercial zoning.
    • 1.5 to 8 acres lot size.
    • Land value: $5 to $9 per square foot.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.742837332726
    Latitude
    32.357865336722

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    FAQs

    What type of property is this?
    Lifestyle center - High-traffic retail land, excellent access.
    Where is this lifestyle center located?
    The property is located at 7602 Us-83 Abilene, TX.
    What is the asking price?
    The asking price for this property is $1,743,000.
    What are key features of this property?
    This property features: $1,743,000 asking price.; Retail property encompassing convenience store, restaurant, and shopping center uses.; General Commercial zoning.
    Request Owner's contact information
    7602 Us-83 Abilene, TX 79606
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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
    7602 Us-83 Abilene, TX 79606
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