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    1318 8Th St Abilene, TX 79601

    Sponsored
    For Sale
    $692,280

    Prime Abilene Retail Storefront, 11,588 SF

    Property size:
    11,588 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 11,588-square-foot storefront property, located at 1318 N 8th St, Abilene, TX 79601, presents a compelling investment opportunity. Built in 1949, this well-maintained building sits on a 0.97-acre lot at a prime corner location near downtown Abilene and just blocks from Hendrick Medical Center. The asking price is $692,280, translating to $59.74 per square foot. The property features a flexible floor plan, ideal for customization to suit diverse business needs. High ceilings and abundant natural light create a bright and inviting atmosphere, perfect for retail, office space, or a combination thereof. Ample parking is available both in front and on the side of the building, ensuring convenient access for customers and employees. This property offers a unique blend of location, size, and adaptability, making it an attractive prospect for a variety of commercial ventures. The property's proximity to downtown Abilene and Hendrick Medical Center provides excellent visibility and accessibility. The flexible layout allows for creative space planning to maximize functionality and efficiency. This is a rare opportunity to acquire a well-situated, versatile commercial property in a thriving Texas city.

    Property Features for 1318 8Th St

    General Information

    Property type
    Individual retail properties
    Square Feet
    11,588 SF
    Lot Size
    42,253 SF

    Building Details

    Year Built
    1949

    HighLights

    • Prime downtown Abilene location.
    • Highly adaptable floor plan.
    • High ceilings and abundant natural light.
    • Extensive on‑site parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -99.7364621
    Latitude
    32.4579614

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    FAQs

    What type of property is this?
    Individual retail property - Prime Abilene Retail Storefront, 11,588 SF
    Where is this individual retail property located?
    The property is located at 1318 8Th St Abilene, TX.
    What is the asking price?
    The asking price for this property is $692,280.
    What are key features of this property?
    This property features: Prime downtown Abilene location.; Highly adaptable floor plan.; High ceilings and abundant natural light.
    Request Owner's contact information
    1318 8Th St Abilene, TX 79601
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    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
    1318 8Th St Abilene, TX 79601
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