3201 Oldham Ln Abilene, TX 79602
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.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.