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    901 1st St Abilene, TX 79601-5903

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    901 1st St Abilene, TX 79601-5903


    • Commercial real estate
    • 13,968 SF
    • 0.88 lot acres
    Off-Market
    Property ID
    US83-3827240
    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
    $1,260,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lauren Engineers & Constructor: Mendenhall Elliott / Construction Company
    • T&P Event Center / Hotel & Motel / Resort
    • Key City Foundation Repair Experts / Building Supply / Factory
    • The Local / Restaurant
    • Lauren Engineers & Constrctrs: Sharbutt Albert / Engineer

    Property Details for 901 1st St

    Year built
    1916
    Lot size
    0.88 lot acres
    Property size
    13,968 SF
    Property type
    Commercial real estate
    APN
    A0730000204
    APU
    A0730000204

    Description

    This exceptional four-story office building, totaling 45,252 square feet of net rentable space, presents a remarkable investment opportunity in Abilene, Texas. Located at 901 S 1st St, this Class B property boasts a prime location with excellent visibility and accessibility. Built in 1922 with a significant 2006 renovation and expansion to the west side, the building offers a blend of historic charm and modern functionality. The property features a mix of executive offices, open spaces, and ample room for customization to suit diverse business needs. Each floor includes convenient elevator access and restrooms. Parking is abundant, including a dedicated lot with 29 spaces (CAD Parcel ID #57276) and significant additional public and street parking nearby. Currently vacant, this 1-unit building sits on a 0.323-acre lot (APN: 57132 & 57276) and is zoned CB. Priced at $1,500,000 ($33.15/sq ft), this property offers significant value, particularly considering its size and location. The building is largely in good condition, requiring only typical updates such as electrical and HVAC repairs, along with cosmetic improvements like flooring and paint. This presents an ideal opportunity for owner-users seeking to occupy a portion of the space while leasing the remainder for additional income. The property's location within a developing area suggests strong potential for long-term appreciation and revenue growth.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,097,000
      Market price range: $566k - $2.09M

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


    Location Insight

    • Map
    • Local Demand
    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.7323
    Latitude
    32.4492
    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
    $14,637
    $178,869
    $456,131
    $635,000
    -
    $178,869
    $456,131
    $635,000
    More about this property
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