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    OFF-MARKET
    Commercial real estate

    1117 Neas Rd, Abilene, TX 79601

    52.5 ac lot
    Property ID
    US82-5412170
    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 Commercial real estate
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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