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Property profile & analytics
OFF-MARKET
Land

665 South 27Th St Abilene, TX 79602

14.37 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 14.37-acre land parcel presents a remarkable investment opportunity in the rapidly expanding southeast sector of Abilene, Texas. Located conveniently near the intersection of Loop 322 and Oldham Lane, this property boasts a highly desirable Medium Density Multi-Family (MD/MF) zoning designation, permitting up to 12 units per acre. The expansive lot offers a flat, buildable terrain, significantly reducing development complexities. Essential utilities, including water and sewer lines, are readily accessible in close proximity to the site. The strategic location within a thriving area of Abilene ensures strong potential for future growth and high rental demand. This property is priced competitively to facilitate a swift and profitable transaction. The address is 665 E South 27th St, Abilene, TX 79602, within Taylor County. This prime location and zoning make it ideal for a multi-family development project. The flat land and proximity to utilities further enhance its appeal to developers seeking a straightforward and cost-effective project. Don't miss this chance to acquire a substantial land holding in a burgeoning Abilene neighborhood. The asking price is $1,250,000.

Property profile
Verified
Property type Land
Lot 14.37 ac (625,957 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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