2642 Lk Rd Abilene, TX 79601-4866
- Commercial real estate
- 2,234 SF
- 0.93 lot acres
Current Use by Public Records
- Heff's Burgers / Hamburger Restaurant / Fast Food Restaurant
Property Details for 2642 Lk Rd
- Year built
- 2013
- Lot size
- 0.93 lot acres
- Property size
- 2,234 SF
- Property type
- Commercial real estate
- APN
- 31420000100
- APU
- 31420000100
Description
This 1.55-acre commercial land parcel, located at 2642 E Lake Rd in Abilene, Texas (zip code 79601), presents a unique investment opportunity. Zoned GR - General Retail, this property is ideally suited for quick-service restaurants (QSR), fast food establishments, or other storefront retail uses. The asking price is $679,000, translating to a land value of $10.06 per square foot. Situated in a high-growth retail area of Northeast Abilene, the property benefits from excellent visibility and accessibility, being conveniently located off I-20 at the intersection of Highway 351 and East Lake Road. Existing nearby businesses include Golden Chick and Heff's Burgers, indicating strong existing commercial activity and potential for synergy. Utilities are already available on-site, and the property offers a pre-engineered site plan, streamlining the development process and potentially reducing construction costs. A build-to-suit option is also available, providing flexibility for potential buyers to tailor the development to their specific needs. This property represents a compelling investment opportunity in a thriving retail corridor.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Abilene
- County
- Taylor
- State
- Texas
- Longitude
- -99.6907
- Latitude
- 32.481
- CBSA code
- 10180
- CBSA name
- ABILENE, TX METROPOLITAN STATISTICAL AREA