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    3814 1St St Abilene, TX 79603

    For Sale
    $486,200

    8,840 SF Office Building, Multi-Tenant, High-Growth Area

    Property size:
    8,840 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This 8,840-square-foot traditional office building presents a compelling value-add investment opportunity in Abilene, Texas. Located at 3814 N 1st St, this Class C property sits on a 0.482-acre lot (approximately 20,996 square feet) and boasts a multi-tenant occupancy, generating consistent income. Built in 1975, the building is zoned for General Commercial (GC) use, reflecting its strategic location within a thriving commercial district. The area is characterized by a diverse mix of businesses, including quick-service restaurants, professional offices, service providers, and various retailers, ensuring high visibility and accessibility. The property's current tenant mix comprises professional offices and service providers. This NNN-leased building offers a strong foundation for future growth and potential value enhancement, making it an attractive prospect for investors seeking a stable income stream with upside potential. The property's address is 3814 N 1st St, Abilene, TX 79603, and its APN is 72156. The asking price is $486,200.

    Property Features for 3814 1St St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    8,840 SF
    Class
    C
    Lot Size
    20,996 SF

    Building Details

    Year Built
    1975
    Buildings
    1

    HighLights

    • Class A Office and Retail Building.
    • Prime Downtown Location.
    • Significant Value‑Add Potential.
    • Established Cash Flow.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Peaches Tattoo Studio Tattoo Shop Rhodes Insurance Agency Insurance Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.769433489885
    Latitude
    32.452328945439

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    FAQs

    What type of property is this?
    Office Property Space - 8,840 SF Office Building, Multi-Tenant, High-Growth Area
    Where is this office property space located?
    The property is located at 3814 1St St Abilene, TX.
    What is the asking price?
    The asking price for this property is $486,200.
    What are key features of this property?
    This property features: Class A Office and Retail Building.; Prime Downtown Location.; Significant Value-Add Potential.
    (325) 698-5661
    Request Owner's contact information
    3814 1St St Abilene, TX 79603
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    Abilene, TX 79603
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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
    3814 1St St Abilene, TX 79603
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