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For Auction

±5.22 Acres | TX Commercial Development Lot

7455 Buffalo Gap Road,
Abilene, TX 79606
Represented by
Edge Realty Capital Markets

Asset Snapshot

Real Estate
Asset Type
Land
Property Type
5.22 Acres
Land Area

Offering Summary

Investment Highlights

  • Motivated institutional seller
  • Located in the path of growth within one of the highest income areas of the city
  • Multiple development possibilities 
  • Utilities available to the site
  • Located approximately seven miles from downtown along the traffic-dense Buffalo Gap Road
  • Strategic placement nearby a host of educational facilities and the Abilene Country Club South


Offering Details

Edge Capital Markets and RI Marketplace are pleased to present a ±5.22-acre commercial land parcel located in Abilene, Texas (the “Property”). The Property is positioned approximately seven miles south of downtown Abilene and features an attractive location along the heavily trafficked Buffalo Gap Road, a primary north-south residential artery. Positioned near the Abilene Country Club South Course, the immediate area boasts some of the highest household incomes in the city, with average household incomes over $86,000 within a three-mile radius of the Property. The Property is surrounded by over 7,000 established and recently constructed single family homes with home values ranging from $250,000 to $450,000 and is continuing to expand with new residential developments. Nestled within a top-ranked school district, the Property is within immediate proximity to both Wylie High School and Wylie West Junior High School with a combined 3,700 students. The Property is primed for various commercial or residential developments and provides a buyer with the ability to acquire a ±5.22-acre development opportunity from an institutional seller at an attractive cost basis.

Located in west central Texas, Abilene has a population of 121,000 people with average household incomes exceeding $63,000.  Positioned along Interstate 20 just two hours west of Dallas-Fort Worth, the city of Abilene is a regional retail, medical, employment and education hub that serves neighboring towns and counties and draws in consumers and employees from beyond a 30-mile radius. With lower cost of living, high quality of life and a sophisticated rail and airport infrastructure, Abilene is currently home to top employers and major economic drivers including Dyess Air Force Base, Hendrick Health System, Abilene Christian University and Blue Cross Blue Shield. Abilene is home to three private universities as well as several technical colleges, totaling approximately 10,000 enrolled students, and is supported by a highly driven and educated workforce with a labor shed of over 140,000 people.

Due Diligence

Transaction Manager

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Platform Fee

Buyer pays a minimum platform fee of 5% or $25,000 at closing.

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Auctioneer

Lamar P. Fisher
Fisher Auction Company Inc.
License: 10344

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Investment Sales Brokers

Micha van Marcke CCIM
Edge Realty Capital Markets
TX License: 588047
Chace Henke
Edge Realty Capital Markets

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.