2642 Lake RdAbilene, TX 79601

Property Details for 2642 Lake Rd

Year built

2013

Lot size

0.93 AC

Property size (Sq ft)

2,234 SF

Property type

Commercial real estate

APN

31420000100

APU

31420000100

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $704,460

  Hospitality

  $645,282

  Educational

  $536,867

  Medical

  $555,331

  Retail

  $835,126

Location Insight

City

Abilene

County

Taylor

State

Texas

Latitude

32.481

Longitude

-99.6907

CBSA code

10180

CBSA name

ABILENE, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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