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    7000 Buffalo Gap Rd Abilene, TX 79606

    For Sale
    $725,000

    Prime 3-acre medical office land, Hwy 89.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2.97-acre development site presents a unique investment opportunity in Abilene, Texas. Located at 7000 Buffalo Gap Road (Highway 89), this property enjoys a prime location just three miles from Hendrick Medical Center, in the heart of South Abilene. The land is zoned for general retail use, offering flexibility for various medical office or clinic developments. All utilities are readily available on-site, simplifying the construction process. The asking price is $725,000, translating to a land value of $5.60 per square foot. This strategic location, combined with the existing zoning and utility access, makes this property ideal for medical professionals seeking to establish or expand their practice in a thriving area. The property's proximity to Hendrick Medical Center ensures high visibility and accessibility for patients. This is a turnkey opportunity for immediate development, offering significant potential for return on investment in a rapidly growing medical market. The address is 7000 Buffalo Gap Rd, Abilene, TX 79606.

    Property Features for 7000 Buffalo Gap Rd

    General Information

    Property type
    Medical offices
    Lot Size
    129,373 SF

    HighLights

    • $725,000 asking price.
    • 2.97‑acre medical office development site.
    • Located in Abilene, TX, at 7000 Buffalo Gap Rd (Hwy 89).
    • General Retail zoning.
    • $5.60/SF land value.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.7796531
    Latitude
    32.3663466

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    FAQs

    What type of property is this?
    Medical office - Prime 3-acre medical office land, Hwy 89.
    Where is this medical office located?
    The property is located at 7000 Buffalo Gap Rd Abilene, TX.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: $725,000 asking price.; 2.97-acre medical office development site.; Located in Abilene, TX, at 7000 Buffalo Gap Rd (Hwy 89).
    Request Owner's contact information
    7000 Buffalo Gap Rd 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
    7000 Buffalo Gap Rd Abilene, TX 79606
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