Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4649 S Danville Dr Abilene, TX 79602
    Back to Search
    Property profile & analytics

    4649 S Danville Dr Abilene, TX 79602

    View on Map
    • Commercial land
    • 4.38 lot acres
    For Sale
    $590,000
    View Listing →
    Highway Frontage Land Parcel For Sale
    $590,000

    Highway Frontage Land Parcel

    Flat, built-up parcel near Highway 83/84 junction.

    4649 S Danville Dr, Abilene, TX 79602
    View Listing
    Property ID
    US82-2732874
    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

    • Commercial land

    Property Details for 4649 S Danville Dr

    Lot size
    4.38 lot acres
    Property type
    Commercial land
    APN
    15500004700
    APU
    15500004700

    Description

    This 4.38-acre commercial lot is located at 4649 S. Danville Dr., Abilene, Texas, 79602. Zoned for light industrial use (LI), this property boasts excellent visibility and highway frontage along Hwy 83/84, experiencing over 25,000 cars daily. The site is a flat, built-up parcel, previously improved with fill dirt to mitigate flood hazards from a nearby creek, preparing it for future pad development. City utilities are available. This location offers easy access to Abilene's industrial and retail districts, providing numerous amenities. The property is one of only a few remaining parcels in this prime location, making it a rare opportunity for investors and developers seeking a strategic foothold in a thriving area. The Taylor County address provides convenient access to major transportation routes. This is a unique chance to acquire a ready-to-develop site with significant advantages.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.7475
    Latitude
    32.3939
    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
    $1,149
    $49,844
    $0.00
    $49,844
    -
    $49,844
    $0.00
    $49,844

    Comparable in this City

    • Value Estimation by Request
      0.52 Acres

      1428 Cherry St

      VACANT COMMERCIAL LAND • 0.52 Acres
      1428 Cherry St, Abilene, TX 79602
      View Details
    • Value Estimation by Request
      0.38 Acres

      726 China St

      VACANT COMMERCIAL LAND • 0.38 Acres
      726 China St, Abilene, TX 79602-2722
      View Details
    • Value Estimation by Request
      1.71 Acres

      749 China St

      VACANT COMMERCIAL LAND • 1.71 Acres
      749 China St, Abilene, TX 79602
      View Details
    • Value Estimation by Request
      0.16 Acres

      1139 5th St

      VACANT COMMERCIAL LAND • 0.16 Acres
      1139 5th St, Abilene, TX 79602-1407
      View Details
    • Value Estimation by Request
      0.16 Acres

      517 Pecan St

      VACANT COMMERCIAL LAND • 0.16 Acres
      517 Pecan St, Abilene, TX 79602
      View Details
    • Value Estimation by Request
      0.16 Acres

      541 Pecan St

      VACANT COMMERCIAL LAND • 0.16 Acres
      541 Pecan St, Abilene, TX 79602
      View Details

    Similar Nearby for Sale

    • $2,699,000
      17.00 Acres

      Commercial Land on Boys Ranch

      17 acres of commercial land with extensive road frontage.
      4902 Boys Ranch Rd, Abilene, TX 79602
      View Details
    • Contact for pricing

      35 Acre Development Tract

      35-acre development tract zoned for multiple uses.
      3201 Oldham Ln, Abilene, TX 79602
      View Details
    • Contact for pricing

      Highway Frontage Land Parcel

      Flat, built-up parcel near Highway 83/84 junction.
      4649 S Danville Dr, Abilene, TX 79602
      View Details
    • $2,880,971

      Prime Land in Southeast Abilene

      Exceptional investment opportunity with high visibility and easy access.
      3539 Oldham Ln, Abilene, TX 79602
      View Details
    • $1,250,000
      979 SF

      Light Industrial Property For Sale

      High-traffic location ideal for logistics and client access.
      442 Willow St, Abilene, TX 79602
      View Details
    • Contact for pricing

      High Traffic Corner Lot

      Corner lot near zoo, expo center, and football stadium.
      967 11Th St, Abilene, TX 79602
      View Details

    Similar Nearby for Lease

    • $1,250 /Mo
      148,191 SF

      Abilene, TX Industrial Land

      3.402 acre commercial land available for lease in Abilene.
      141 Tannehill Dr, Abilene, TX 79602
      View Details
    • $2,500 /Mo
      148,191 SF

      Abilene, TX Industrial Land

      3.402 acre commercial land available for lease in Abilene.
      141 Tannehill Dr, Abilene, TX 79602
      View Details
    • Contact for pricing
      8,000 SF

      Improved Land For Lease

      Improved land with asphalt, fencing, and storage building available for lease.
      542 S 14Th St, Abilene, TX 79602
      View Details
    • Contact for pricing
      7,500 SF

      Industrial Building with Fenced Yard

      7,500 sq ft industrial space with heavy industrial zoning.
      2258 S Treadaway Blvd, Abilene, TX 79602
      View Details
    • $6,500 /Mo

      Industrial FLEX Property For Lease

      Industrial FLEX property with high visibility and multiple use options.
      133 S Treadaway Blvd, Abilene, TX 79602
      View Details
    • $5,250 /Mo
      5,250 SF

      Clear Span Warehouse with Sign

      Warehouse with pylon sign and grade level door for rent.
      709 S Treadaway Blvd, Abilene, TX 79602
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4649 S Danville Dr
    Abilene, TX 79602
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4649 S Danville Dr, Abilene, TX, 79602
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!