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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5512 1st St Abilene, TX 79603

    • Industrial properties
    • 42,830 SF
    • 1.52 lot acres
    OFF-MARKET
    Value Estimations
    $570,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3638849
    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.

    Current Use by Public Records

    • Industrial properties

    Property Details for 5512 1st St

    Year built
    1952
    Lot size
    1.52 lot acres
    Property size
    42,830 SF
    Property type
    Industrial properties
    APN
    4000001400
    APU
    4000001400

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $605,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $528,000
      Market price range: $529k - $2.01M

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

    Location Insight

    • Map
    • Local Demand
    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.7953
    Latitude
    32.4557
    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
    $7,880
    $52,830
    $277,919
    $330,749
    -
    $52,830
    $277,919
    $330,749

    Comparable in this City

    • Value Estimation
      $950,000
      117,729 SF

      5425 1st St

      INDUSTRIAL (GENERAL) • 117,729 SF
      5425 1st St, Abilene, TX 79603-6424
      View Details
    • Value Estimation
      $600,000
      39,396 SF

      133 Wall St

      INDUSTRIAL (GENERAL) • 39,396 SF
      133 Wall St, Abilene, TX 79603-6430
      View Details
    • Value Estimation by Request
      29,621 SF

      1011 North St

      Distribution properties • 29,621 SF
      1011 North St, Abilene, TX 79603
      View Details
    • Value Estimation
      $1,110,000
      189,372 SF

      650 Colonial Dr

      INDUSTRIAL (GENERAL) • 189,372 SF
      650 Colonial Dr, Abilene, TX 79603-3104
      View Details
    • Value Estimation
      $960,000
      241,784 SF

      6450 5th Pts Pkwy

      INDUSTRIAL (GENERAL) • 241,784 SF
      6450 5th Pts Pkwy, Abilene, TX 79603-5220
      View Details
    • Value Estimation
      $1,080,000
      274,521 SF

      300 Wall St

      INDUSTRIAL (GENERAL) • 274,521 SF
      300 Wall St, Abilene, TX 79603-6435
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      101,292 SF

      Abilene Industrial Property For Sale

      Multi-Tenant Industrial Building, Excellent Location
      5517 1St St, Abilene, TX 79603
      View Details
    • $100,000
      29,621 SF

      Prime Abilene Warehouse - $100K

      Texas industrial warehouse, 29,621 sq ft.
      1011 North St, Abilene, TX 79603
      View Details
    • $215,000
      0.16 Acres

      Retail/Warehouse Building with Fenced Yard

      3500 SF retail/warehouse building with income and fenced yard.
      1926 N 1St St, Abilene, TX 79603
      View Details
    • $245,000
      6,400 SF

      Abilene Warehouse with Loading Docks

      Warehouse with loading docks, office space, and retail potential.
      4047 N 1St St, Abilene, TX 79603
      View Details
    • $3,800,000
      101,292 SF

      Abilene Industrial Property For Sale

      101,292 SF industrial building on 11.46 AC lot.
      5517 N 1St St, Abilene, TX 79603
      View Details
    • $245,000

      Warehouse with Loading Docks

      Warehouse space featuring loading docks, office spaces, and parking.
      4047 N 12Th St, Abilene, TX 79603
      View Details

    Similar Nearby for Lease

    • $2,500 /Mo

      Industrial Property for Rent

      Industrial space available for lease at $11 per square foot.
      8456 Spink Rd, Abilene, TX 79603
      View Details
    • $7,400 /Mo
      13,050 SF

      Abilene Office Warehouse with Access

      Office warehouse with great access near Loop 322, I-20, Hwy 277.
      133 Wall St, Abilene, TX 79603
      View Details
    • $2,400 /Mo
      7,013 SF

      Retail Building with Fenced Yard

      3500 SF retail building with flexible layout and yard.
      1926 N 1St St, Abilene, TX 79603
      View Details
    • $217,000

      Commercial Lot on South Danville

      Commercial land for rent on South Danville Drive.
      2317 S Danville Dr, Abilene, TX 79603
      View Details
    • $4,500 /Mo
      62,988 SF

      Large Office Building in Abilene

      Spacious office building for lease in north Abilene, Texas.
      1850 N Clack St, Abilene, TX 79603
      View Details
    • $6 SF/Yr
      21,818 SF

      Prime Abilene Retail Space

      10,909 SF Available, High Visibility
      1202 Mockingbird Ln, Abilene, TX 79603
      View Details
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    5512 1st St
    Abilene, TX 79603
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    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
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