Current Use by Public Records
- Retirement homes
Property Details for 3201 Oldham Ln
- Property type
- Retirement homes
- Property subtype
- Retail properties & Spaces
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Abilene
- County
- Taylor
- State
- Texas
- Longitude
- -99.7081
- Latitude
- 32.412
