Property profile

1117 Neas Rd Abilene, TX 79601

OFF-MARKET
Land
Property ID
US82-5412170
52.5 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 52.5-acre commercial land parcel presents a unique investment opportunity in Abilene, Texas. Located at 1117 Neas Rd, zip code 79601, this property is zoned AO (Open Agricultural) and offers significant potential for various commercial developments. The asking price is $1,075,000, translating to a land value of $0.47 per square foot. Its strategic location provides convenient access to a wide array of retail establishments and restaurants, including Walmart, Lowe's, Chili's, Chick-fil-A, Panda Express, Raising Cane's, and Taco Casa, all situated on Highway 351. The seller is open to dividing the land into smaller parcels, accommodating various development needs. Options include tracts ranging from 1-5 acres, 5-10 acres, and 10-20 acres, providing flexibility for investors seeking different scales of projects. This prime location, combined with the flexibility of parcel sizes and proximity to established businesses, makes this property an attractive proposition for developers and investors seeking a foothold in the thriving Abilene market. The property is available for both sale and lease, offering diverse investment avenues. Detailed zoning information and site plans are available upon request. Don't miss this chance to acquire a substantial piece of commercial land in a high-growth area.

Property profile

Verified
Property type Land
Lot 52.5 ac (2,286,900 SF)
UPID US82-5412170

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1117 Neas Rd Abilene, TX 79601
Abilene metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1117 Neas Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message