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    3201 Oldham Ln Abilene, TX 79602

    For Sale
    $4,230,000

    84-Acre Mixed-Use Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 84-acre mixed-use development presents a unique investment opportunity in Abilene, Texas. Strategically located on Loop 322 and Oldham Lane, this Planned Development zoning allows for a diverse range of uses, including retail, office, medical, self-storage, multi-family, and residential. A recent appraisal supports the asking price of $4,230,000 ($50,357/acre). The property boasts over 1800 feet of frontage on Loop 322, and a prime 2.75-acre corner lot ideal for a convenience store or restaurant. The site is easily subdivided to accommodate large-box retailers or strip centers, offering flexibility for various development plans. Convenient access is provided via designated exits to Oldham Lane and S 27th Street. This location acts as a crucial link between Interstate 20 and South Abilene, surrounded by existing retail, office, multi-family, and residential developments. Nearby amenities include the Taylor County Expo Center, Abilene International Airport, and Hendrick Medical Center South. This property offers significant potential for substantial returns in a thriving Texas market. The permitted zoning is Commercial/Multi-Family/Retail/Residential.

    Property Features for 3201 Oldham Ln

    General Information

    Property type
    Retirement homes

    HighLights

    • $4,230,000 asking price for an 84‑acre mixed‑use development.
    • Planned Development zoning allowing retail, office, medical, self‑storage, multi‑family, and residential uses.
    • 1,800+ feet of frontage on Loop 322, including a 2.75‑acre corner lot ideal for a convenience store or restaurant.
    • Divisible for large‑box users or strip centers, with convenient access to Oldham Ln. and S 27th St.
    • Located in Abilene, TX, near I‑20, the Taylor County Expo Center, Abilene International Airport, and Hendrick Medical Center South.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retirement homes

    Suggested Use

    Realty agency Law Firm Building Supply Wholesale Shop Hotel & Motel Kitchen & Bath Food Market Storage Facility Grocery Store Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.708063102481
    Latitude
    32.41200805197

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    FAQs

    What type of property is this?
    Retirement home - 84-Acre Mixed-Use Development Opportunity
    Where is this retirement home located?
    The property is located at 3201 Oldham Ln Abilene, TX.
    What is the asking price?
    The asking price for this property is $4,230,000.
    What are key features of this property?
    This property features: $4,230,000 asking price for an 84-acre mixed-use development.; Planned Development zoning allowing retail, office, medical, self-storage, multi-family, and residential uses.; 1,800+ feet of frontage on Loop 322, including a 2.75-acre corner lot ideal for a convenience store or restaurant.
    Request Owner's contact information
    3201 Oldham Ln Abilene, TX 79602
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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
    3201 Oldham Ln Abilene, TX 79602
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