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Prime Development Tract in Abilene
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7602 US-83, Abilene, TX 79606

Development tract with high visibility and access in South Abilene.

Days on Market1762

Property Features for 7602 US-83

General Information

Standard status Active
Property subtype Retail
Listing Agency: Regional Real Estate Consultants
Listed By: Dale Scoggins · License #TX
Source: Crexi
Added: Oct 5, 2021 Changed: Jul 10 Last Checked: Jul 31 at 3:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Regional Real Estate Consultants

Investment Insights

Based on property information with market context.

This prime development tract is located just south of Hendrick Medical Center, Sam's Club, and a new apartment complex in South Abilene, off of Hwy 83/84 and FM 707. Situated between the on and off ramps of Hwy 83/84 and approximately 1/2 mile north of FM 707, the property benefits from high visibility due to large traffic volumes and elevation, enhancing accessibility. The hard corner can be subdivided into 2 acres, along with another similar-sized pad site, with the balance suitable for strip retail development. The property's depth also makes it suitable for a self-storage project in the back.

Key Highlights

  • Prime development tract with high visibility and easy access from Hwy 83/84.
  • Located near Hendrick Medical Center, Sams, and a new apartment complex.
  • Potential for subdivision into multiple pad sites, including a hard corner.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Auto Parts Store Pharmacy Storage Facility Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

26
Businesses Nearby

Demographics for 79606, TX

27,818
Population
13,191
Households
2.1
Avg Household Size
36
Median Age
38%
College-Educated
97%
High-School Grad
69.5 sq mi
ZIP Area
400
Density / Sq Mi
$83,201
Median Household Income
$48,062
Median Earnings
$1,165
Median Rent
$248,500
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Development tract with high visibility and access in South Abilene.
Where is this commercial land located?
The property is located at 7602 US-83 Abilene, TX.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Prime development tract with high visibility and easy access from Hwy 83/84.; Located near Hendrick Medical Center, Sams, and a new apartment complex.; Potential for subdivision into multiple pad sites, including a hard corner.
(325) 695-4620 Call to check price and availability
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