Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    150 S Pioneer Dr Abilene, TX 79605

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    150 S Pioneer Dr Abilene, TX 79605

    View on Map
    • Commercial land
    • 2.37 lot acres
    For Sale
    $1,032,372
    View Listing →
    Land Available on S Pioneer For Sale
    $1,032,372
    1.49 Acres

    Land Available on S Pioneer

    Commercial land for sale on S Pioneer Drive, Abilene, TX.

    150 S Pioneer Dr, Abilene, TX 79605
    View Listing
    Property ID
    US83-0135969
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dollar Tree / Discount Store

    Property Details for 150 S Pioneer Dr

    Lot size
    2.37 lot acres
    Property type
    Commercial land
    APN
    65600001300
    APU
    65600001300

    Description

    This exceptional 1.491-acre commercial land parcel, located at 150 S Pioneer Dr, Abilene, TX 79605, presents a unique investment opportunity. Zoned GC, this property offers significant potential for various commercial developments. The asking price is $746,901.54, translating to a land value of $11.50 per square foot. The site benefits from its strategic location within the Westgate Town Center, an area experiencing substantial growth and high traffic volume. Nearby, new city offices including a police station, municipal court, and child advocacy center are situated, further enhancing the area's appeal and visibility. This prime location is ideal for multiple retailers seeking high visibility and accessibility. The property's proximity to these essential services and the high traffic count makes it an attractive prospect for businesses seeking a strong foothold in a thriving community. The property is situated in Taylor County and offers excellent potential for a variety of commercial uses.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.7798
    Latitude
    32.4498
    CBSA code
    10180
    CBSA name
    ABILENE, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,059
    $219,472
    $0.00
    $219,472
    -
    $219,472
    $0.00
    $219,472

    Comparable in this City

    • Value Estimation by Request
      0.17 Acres

      4409 3rd St

      VACANT COMMERCIAL LAND • 0.17 Acres
      4409 3rd St, Abilene, TX 79605-1431
      View Details
    • Value Estimation by Request
      1.05 Acres

      4625 3rd St

      VACANT COMMERCIAL LAND • 1.05 Acres
      4625 3rd St, Abilene, TX 79605-1439
      View Details
    • Value Estimation by Request
      0.61 Acres

      4674 3rd St

      VACANT COMMERCIAL LAND • 0.61 Acres
      4674 3rd St, Abilene, TX 79605-1440
      View Details
    • Value Estimation by Request
      0.83 Acres

      4525 3rd St

      VACANT COMMERCIAL LAND • 0.83 Acres
      4525 3rd St, Abilene, TX 79605-1441
      View Details
    • Value Estimation by Request
      0.22 Acres

      425 Arnold Blvd

      VACANT COMMERCIAL LAND • 0.22 Acres
      425 Arnold Blvd, Abilene, TX 79605-2301
      View Details
    • Value Estimation by Request
      2.45 Acres

      610 Arnold Blvd

      VACANT COMMERCIAL LAND • 2.45 Acres
      610 Arnold Blvd, Abilene, TX 79605-2306
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      South Danville Commercial Lot

      Commercial lot on South Danville Drive available for sale.
      2317 S Danville Dr, Abilene, TX 79605
      View Details
    • $150,000
      0.98 Acres

      Abilene Land Zoned for Office

      0.98 acres of land zoned for office use.
      3209 S 15Th St, Abilene, TX 79605
      View Details
    • Contact for pricing

      Commercial Land on S. 1st

      0.80 acre commercial land with high visibility.
      6133 S 1St St, Abilene, TX 79605
      View Details
    • $272,675

      41.95 Acres on Highway 80

      41.95 acres for sale, lease, or build-to-suit.
      6701 Us Highway 80 W, Abilene, TX 79605
      View Details
    • Contact for pricing

      6.05 Acres Corner Lot

      Commercial land for sale in a high-traffic area.
      6217 S 1St St, Abilene, TX 79605
      View Details
    • $50,000
      0.11 Acres

      Vacant Land on High-Traffic Thoroughfare

      Unimproved land suitable for office rezoning on a busy street.
      2925 Buffalo Gap Rd, Abilene, TX 79605
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      16,410 SF

      Leggett Office Complex, Abilene TX

      Versatile Office Space, Abilene, TX
      248-270 Leggett Dr, Abilene, TX 79605
      View Details
    • $1,700 /Mo
      26,528 SF

      Abilene Office Space For Lease

      Second-level office space with excellent visibility and easy access.
      2002 Sayles Blvd, Abilene, TX 79605
      View Details
    • Contact for pricing

      Spacious Southside Commercial Property

      Extra large space with truck well and spacious parking.
      2554 Barrow St, Abilene, TX 79605
      View Details
    • Contact for pricing
      1,749 SF

      Industrial and Office Flex Space

      Flex space featuring industrial and office areas for lease.
      279 Ruidosa Ave #A, Abilene, TX 79605
      View Details
    • $400 /Mo
      5,000 SF

      Convenient Office Space Available

      Office space for rent with included utilities and amenities.
      2481 S Danville Dr, Abilene, TX 79605
      View Details
    • $15 SF/Yr
      2,065 SF

      Retail Space with Highway Visibility

      Retail space available for rent with excellent highway visibility.
      4651 S 14Th St, Abilene, TX 79605
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    150 S Pioneer Dr
    Abilene, TX 79605
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    150 S Pioneer Dr, Abilene, TX, 79605
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!