441 Lone Star DrAbilene, TX 79602

  • Commercial real estate
  • 2,740 SF
For Sale
$600,000 View listing

Property Details for 441 Lone Star Dr

Year built
2005
Lot size
0.52 AC
Property size (Sq ft)
2,740 SF
Property type
Commercial real estate
APN
45025003500
APU
45025003500

Description

This exceptional Class A executive office building, located at 441 Lone Star Dr in Abilene, Texas, offers 3,540 square feet of versatile space in a single-tenant configuration. Built in 2005, the property sits on a 0.52-acre lot and boasts a highly desirable location adjacent to the Lone Star subdivision and within close proximity to Copper Creek Restaurant and Lone Star Outposts strip center, featuring retail and upscale offices. Across the street is Cook's Children's Medical Center, ensuring high visibility and convenient access. The building itself features approximately 2,740 square feet of office space, complemented by an 800-square-foot storage/garage with a separate outside entrance. The interior layout includes two large offices, a conference room (or additional large office), a reception area, and a break area. Three custom storage closets and additional private storage are located within the building, along with a sink in the garage. The property offers ample parking with 18+ spaces and is professionally landscaped, creating a prestigious curb appeal. This property is ideal for an upscale office user, medical practice, or retail business seeking high visibility from Loop 322. The property is situated in Taylor County, Texas, with a 79602 zip code. The building's features and location make it a truly unique opportunity in the Abilene market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $855,504
    6.5%
    $789,696
    7%
    $733,289
  • Comparable approach

    Method
    Valuation
    Relative Method
    $494,206
    Geo Method
    $820,329
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,560,740
    Retail / Commercial
    $799,164
    Mixed-Use / Specialty
    $795,388
    Hospitality / Lodging
    $582,343
    Office
    $789,696
    Institutional / Educational
    $826,551
    Residential Income
    $967,065
    Multifamily
    $1,164,990
    Automotive / Energy
    $708,472
    Parking / Income-Based Land
    $245,402
    Restaurant / Food Service
    $411,707
    Healthcare / Senior Housing
    $816,606

Location Insight

City
Abilene
County
Taylor
State
Texas
Latitude
32.3958
Longitude
-99.7165
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
$6,698
$34,041
$275,681
$309,722
-
$34,041
$275,681
$309,722

FAQs

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