1900 Stamford St Abilene, TX 79603
This exceptional 1.93-acre commercial land parcel presents a unique investment opportunity in Abilene, Texas. Strategically located on West Stamford Street, this property boasts direct frontage on the access road for eastbound Interstate 20 traffic, ensuring high visibility and accessibility. Currently zoned RS6 (Residential), the property benefits from a precedent set by recent zoning changes to accommodate commercial development just one block west, significantly increasing the likelihood of a successful rezoning application. The flat, unimproved land is ideal for a variety of commercial uses. Recent development in the immediate vicinity further enhances the property's value by increasing traffic flow and exposure. The parcel comprises two contiguous lots (Taylor CAD IDs 45208 and 45326), totaling 1.93 acres. The location at the corner of Clinton and Stamford Streets, with Grape Street at the east end of the block, provides excellent connectivity. This property offers significant potential for commercial development, with no flood impact concerns. The asking price is $175,000. This is a prime opportunity to capitalize on the growth and development occurring in this area of Abilene.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.