27 Windmill Cir Abilene, TX 79606

Property Details for 27 Windmill Cir

Year built

2009

Lot size

2.32 lot acres

Property size

4,800 SF

Property type

Commercial real estate

APN

67630000601

APU

67630000601

Description

This exceptional investment opportunity presents a 25,688-square-foot warehouse located at 27 Windmill Circle in Abilene, Texas, zip code 79606. The property sits on a 2.32-acre lot and is zoned LI (Light Industrial), making it ideally suited for its current use as an RV and vehicle storage facility. The asking price is $675,000, translating to a price per square foot of $26.28. The property boasts a strong net operating income (NOI) of $50,412, resulting in an attractive 7.47% capitalization rate. The facility comprises 39 covered storage spaces and 19 uncovered spaces, offering a diverse range of storage options. Its convenient location in South Abilene, west of Highway 83/84, provides excellent accessibility and visibility. This low-maintenance and easily managed property represents a rare investment opportunity with significant cash flow potential. The property's strong financial performance and prime location make it an attractive proposition for investors seeking a stable and profitable addition to their portfolio. This is a turnkey operation with established income streams, offering immediate returns. The property's size and zoning provide flexibility for future expansion or adaptation to changing market demands.