665 South 27Th St Abilene, TX 79602
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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