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    209 Leggett Dr Abilene, TX 79605

    For Sale
    $632,640

    Two-building office complex, 10,544 SF

    Property size:
    10,544 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This Abilene, Texas office complex presents a compelling value-add investment opportunity. The property, located at 209 S Leggett Dr, comprises two buildings totaling 10,544 square feet on a 1.53-acre lot (APN 22094). The buildings, constructed in 1949, are classified as Class C and feature a mix of creative, medical, and traditional office spaces. Currently, the property boasts approximately 90% occupancy across a diversified tenant base, including professional offices, medical users, and various service providers. One building, 115 S Leggett, encompasses 5,640 square feet and is 100% leased. The other building, 209 S Leggett, is 4,904 square feet and houses multiple tenants in spaces designated as 133 (a-f), 141, 209, and 217 S Leggett. The property is zoned GC General Commercial, offering flexibility for future development. The asking price is $632,640, translating to $60 per square foot. The seller is open to owner financing. Additional land may be available for separate purchase. This multi-tenant property offers significant potential for increased revenue and return on investment.

    Property Features for 209 Leggett Dr

    General Information

    Property type
    Medical offices
    Square Feet
    10,544 SF
    Class
    C
    Lot Size
    66,647 SF

    Building Details

    Year Built
    1949
    Buildings
    2
    Stories
    1

    HighLights

    • 90% combined tenant occupancy.
    • Value‑add opportunity.
    • Diversified tenant mix.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    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
    -99.770092
    Latitude
    32.4500294

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    FAQs

    What type of property is this?
    Medical office - Two-building office complex, 10,544 SF
    Where is this medical office located?
    The property is located at 209 Leggett Dr Abilene, TX.
    What is the asking price?
    The asking price for this property is $632,640.
    What are key features of this property?
    This property features: 90% combined tenant occupancy.; Value-add opportunity.; Diversified tenant mix.
    Request Owner's contact information
    209 Leggett Dr Abilene, TX 79605
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    Abilene, TX 79605
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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
    209 Leggett Dr Abilene, TX 79605
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