309 Arnold Blvd Abilene, TX 79605
This exceptional 84.21-acre tract in Abilene, Texas, presents a unique investment opportunity. Located near Dyess AFB, this property boasts diverse zoning designations, offering flexibility for various development projects. The land comprises five parcels (Taylor CAD IDs 18886, 58982, 62593, 62722, 63005) and features frontage on Arnold Boulevard and S. 7th Street. Zoning includes 5.77 acres of Multifamily (MF), 1.89 acres of General Commercial (GC) along Arnold Boulevard, and 1.81 acres of Residential (RS) along S. 7th Street. A significant portion, 74.74 acres, is zoned Agricultural/Open Space (AO), divided into two sections. The property's location near the City of Abilene and AISD property adds to its appeal. Potential developers should note the presence of 500-year and 100-year floodplains and a floodway within the property boundaries. An Atmos Gas easement exists along the eastern boundary. This offering presents a compelling opportunity for investors seeking a large-scale development project in a strategic location. The asking price for this substantial land holding is $209,000. Adjacent properties are also available for sale. This information is for informational purposes only and does not constitute an offer or solicitation.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.