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    5198 Overland Trl Abilene, TX 79601

    For Sale
    $3,000,000

    Prime I-20 Frontage, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 100-acre commercial land parcel presents a unique investment opportunity in Abilene, Texas. Strategically located at the northwest corner of East Overland Trail and Elmdale Road, this property boasts over 2,700 feet of frontage along Interstate 20, ensuring unparalleled visibility and accessibility. The high-traffic area sees over 45,000 vehicles per day, providing significant exposure for any commercial development. The land is priced at $3,000,000, translating to $0.69 per square foot. Its versatile zoning allows for a variety of uses, including Heavy Commercial (HC), General Retail (GR), and Open Agricultural (AO) development. This prime location offers easy access to Interstate 20, making it ideal for businesses seeking high visibility and convenient access for customers and employees. The substantial lot size and flexible zoning provide ample opportunities for large-scale commercial projects, retail centers, or other ventures that can capitalize on the high traffic volume and strategic location. This is a rare opportunity to acquire a significant commercial land holding in a rapidly growing area with exceptional visibility and access. Don't miss this chance to secure a prime piece of Abilene real estate.

    Property Features for 5198 Overland Trl

    General Information

    Property type
    Land
    Lot Size
    4,356,000 SF

    HighLights

    • 100‑acre tract at 5198 E Overland Trail, situated near I‑20 and Elmdale Rd.
    • Over 2,700 feet of I‑20 frontage.
    • High visibility from I‑20.
    • Convenient access.
    • High‑traffic location with 45,000+ vehicles per day (VPD).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Auto Parts Store Department Store Garden Center Discount Store Storage Facility Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.6437289
    Latitude
    32.442786

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    FAQs

    What type of property is this?
    Land - Prime I-20 Frontage, High Traffic Area
    Where is this land located?
    The property is located at 5198 Overland Trl Abilene, TX.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: 100-acre tract at 5198 E Overland Trail, situated near I-20 and Elmdale Rd.; Over 2,700 feet of I-20 frontage.; High visibility from I-20.
    Request Owner's contact information
    5198 Overland Trl 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
    5198 Overland Trl Abilene, TX 79601
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