189 Locust St Abilene, TX 79602
Property Lookup
Property profile & analytics
189 Locust St Abilene, TX 79602
- Commercial real estate
- 3,040 SF
- 0.48 lot acres
Property ID
US82-3086202
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
- Burlington Railroad Station / Tour Operator
Property Details for 189 Locust St
- Year built
- 1930
- Lot size
- 0.48 lot acres
- Property size
- 3,040 SF
- Property type
- Commercial real estate
- APN
- 70100026804
- APU
- 70100026804
Description
This exceptional 5.67-acre commercial land parcel presents a unique redevelopment opportunity in Abilene, Texas's vibrant SoDA district. Located at 189 Locust Street, this property boasts a prime location within an Opportunity Zone, offering significant tax advantages for investors. The site is zoned LI and currently features two existing structures: a 3,040 square-foot Burlington depot and a 3,200 square-foot rail maintenance barn. These buildings could be repurposed or removed to accommodate a new development. The land's strategic position near recently developed mixed-use projects suggests strong potential for similar projects, capitalizing on the growing demand for housing and retail in the area. This is the largest contiguous acreage available in the South Abilene Planning District, providing ample space for a substantial development. The asking price is $1,200,000, translating to a land value of $4.25 per square foot. The property's proximity to the Burlington depot at the corner of Locust and South 2nd Street further enhances its visibility and accessibility. This is an unparalleled chance to acquire a significant piece of Abilene's burgeoning downtown area, offering substantial returns for the right developer. The property's size and location make it ideal for a mixed-use development that complements the existing businesses and residential growth in the neighborhood. This is a rare opportunity to shape the future of Abilene's SoDA district. The zip code is 79602.
Value Estimations
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Abilene
- County
- Taylor
- State
- Texas
- Longitude
- -99.7297
- Latitude
- 32.4476
- 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
$761
$21,000
$20,710
$41,710
-
$21,000
$20,710
$41,710
