1580 Clack St Abilene, TX 79605-4609
Property Lookup
Property profile & analytics
1580 Clack St Abilene, TX 79605-4609
- Commercial real estate
- 8,220 SF
- 3.99 lot acres
Property ID
US82-9105650
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.
Location Intelligence
Current Use by Public Records
- Gerber Collision & Glass / Auto Repair Shop
Property Details for 1580 Clack St
- Year built
- 1979
- Lot size
- 3.99 lot acres
- Property size
- 8,220 SF
- Property type
- Commercial real estate
- APN
- 52560000100
- APU
- 52560000100
Description
This exceptional investment opportunity presents a fee-simple interest in a 30,000 square foot, single-tenant Gerber Collision & Glass auto shop in Abilene, Texas. Located on a 4.66-acre lot at 1580 S Clack St, 79605, this Class B property boasts a strong 6.25% cap rate and a substantial net operating income (NOI) of $324,000. The property features two buildings, constructed in 1979, 2017, and extensively renovated in 2019, including a 22,005 square foot expansion. A new TPO roof was installed in February 2024. The property is under a triple-net (NNN) lease with a remaining term of approximately 4.5 years, commencing December 14, 2018, and expiring May 14, 2029. The lease includes three five-year renewal options and 8% rental increases every five years. The asking price is $5,185,000 ($172.83/sq ft). This investment benefits from a 100% occupancy rate, a corporate guarantee from Gerber Collision & Glass, and is situated in a prime commercial location within a growing West Texas market, serving as a regional hub with a diverse economy and strong population growth. The property is zoned GC.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,405,000
- 6.5%
- $1,295,000
- 7%
- $1,200,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,287,000
Market price range: $373k - $1.29M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Abilene
- County
- Taylor
- State
- Texas
- Longitude
- -99.7887
- Latitude
- 32.4298
- 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
$57,318
$215,083
$2,271,469
$2,486,552
-
$215,083
$2,271,469
$2,486,552
