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Property profile & analytics
OFF-MARKET
Lifestyle centers

248-270 Leggett Dr Abilene, TX 79605

16,410 SF 0.96 ac lot Built 1955
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 16,410-square-foot mixed-use property located at 248-270 S Leggett in Abilene, Texas, 79605. The property, built in 1955 and zoned GC General Commercial, offers a blend of retail and creative office spaces, totaling 8,196 net rentable square feet. Currently featuring a multi-tenant occupancy with a mix of professional office, medical, and service providers, the property presents a significant value-add opportunity. Four of the eight suites are currently leased, leaving approximately 10,000 square feet of available space, much of which is flex-use. The asking price is $902,550, translating to $55 per square foot. The 0.96-acre lot provides ample space. This property is part of a larger portfolio and can be purchased independently or as part of a package deal. The seller is open to owner financing. This Class C property operates under a NNN lease structure. The property's location in Abilene, Taylor County, offers excellent potential for growth and return on investment. The property's diverse tenant mix and available space make it an attractive proposition for investors seeking a value-add opportunity in a thriving Texas market.

Property profile
Verified
Property type Lifestyle centers
Year built 1955
Total area 16,410 SF
Lot 0.96 ac (41,818 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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