1117 Neas Rd, Abilene, TX 79601
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.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.