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    301 Cypress St Abilene, TX 79601

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    301 Cypress St Abilene, TX 79601


    • Commercial real estate
    • 57,538 SF
    • 0.64 lot acres
    Historic Downtown Abilene Office Building For Sale
    $1,350,000
    57,538 SF

    Historic Downtown Abilene Office Building

    Historic 7-story office building in downtown Abilene with parking.

    301 Cypress St, Abilene, TX
    View Listing
    Property ID
    US83-3910619
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Proforma Promotions Group / Film Production / Television Studio
    • Junior Achievement of Abilene / Charitable Organization / Social Service Agency
    • Hendrick Provider Network Bllng / Accounting Firm / Tax Preparation
    • Hendrick Provider Network / Oncologist / Rheumatologist
    • Ironwood Construction Co / Construction Company / General Contractor

    Property Details for 301 Cypress St

    Year built
    1923
    Lot size
    0.64 lot acres
    Property size
    57,538 SF
    Property type
    Commercial real estate
    APN
    70100017700
    APU
    70100017700

    Description

    This exceptional 57,538 square foot Class B office building, located at 301 Cypress St in Downtown Abilene, Texas, presents a unique investment opportunity. Built in 1923 and partially renovated in 2015, this seven-story building offers a blend of historical charm and modern functionality. Previously utilized as a call center and business services headquarters, the property features multiple executive offices and open floor plans, adaptable to a variety of uses. The 0.64-acre lot includes a private parking lot with 85 spaces. The asking price is $1,350,000, translating to $23.46 per square foot. Situated in the heart of Downtown Abilene, this property benefits from the area's recent revitalization and growth, including the addition of a new Double Tree hotel. The building's central location within a thriving urban environment offers significant potential for redevelopment as an office, multifamily, or mixed-use space. This is a rare chance to acquire a substantial, historically significant property in a rapidly developing Texas city. The zip code is 79601.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $1,100,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,329,000
      Market price range: $2.33M - $8.61M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.7337
    Latitude
    32.452
    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
    2018
    $27,497
    $165,268
    $910,845
    $1,076,113
    -
    $165,268
    $910,845
    $1,076,113
    View Listing
    More about this property
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