For Sale
$679,000

2642 Lake RdAbilene, TX 79601

1.55-acre tract, build-to-suit option.

Overview

Added:
Dec 11, 2024
Days on market:
117
This 1.55-acre commercial land parcel, located at 2642 E Lake Rd in Abilene, Texas (zip code 79601), presents a unique investment opportunity. Zoned GR - General Retail, this property is ideally suited for quick-service restaurants (QSR), fast food establishments, or other storefront retail uses. The asking price is $679,000, translating to a land value of $10.06 per square foot. Situated in a high-growth retail area of Northeast Abilene, the property benefits from excellent visibility and accessibility, being conveniently located off I-20 at the intersection of Highway 351 and East Lake Road. Existing nearby businesses include Golden Chick and Heff's Burgers, indicating strong existing commercial activity and potential for synergy. Utilities are already available on-site, and the property offers a pre-engineered site plan, streamlining the development process and potentially reducing construction costs. A build-to-suit option is also available, providing flexibility for potential buyers to tailor the development to their specific needs. This property represents a compelling investment opportunity in a thriving retail corridor.

Highlights

  • $679,000 asking price for 1.55-acre retail land parcel.
  • Located in Abilene, TX, zoned GR (General Retail).
  • Excellent location near Golden Chick and Heff's Burgers in a high-growth retail area.
  • Utilities available on-site.
  • Pre-engineered site with build-to-suit options available.
  • Land value: $10.06/SF.

Property Details for 2642 Lake Rd

Property type
Retail properties, Restaurants
Lot Size (sq. ft)
67,518 SF

Location Insight

City
Abilene
County
Taylor
State
Texas
Latitude
32.480383812809
Longitude
-99.689862444442
2642 Lake Rd, Abilene, Texas

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2642 Lake Rd
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