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1 Petroleum Dr 2.87 Acres of Residential Land Offered at $7.00 in Abilene, TX 79602
Investment Highlights
- Discover flexible mixed-use potential at 1 Petroleum Drive, where newly approved PDD zoning supports residential, office, medical, and retail uses.
- Benefit from direct access to Treadway Boulevard, 1 mile from Highway 83, 4 miles from Downtown Abilene, and 6 miles from Abilene Regional Airport.
- Backing Willow Creek Golf Course and adjacent to the Abilene Country Club, the site offers a scenic setting ideal for modern live-work-play concepts.
- Within 3 miles, more than 17,000 households and average incomes of $92,634 provide strong support for future mixed-use development.
Executive Summary
Positioned for a wide range of mixed-use development projects, this 2.87-acre site at 1 Petroleum Drive offers newly rezoned Planned Development District (PDD) zoning that allows both residential and commercial uses. The property presents a rare opportunity to capitalize on a location suited for residential, office, medical, wellness, and complementary commercial concepts in a highly accessible area surrounded by established neighborhoods, community amenities, and strong demographic fundamentals.
Backing the well-maintained Willow Creek Golf Course and adjacent to the renowned Abilene Country Club and Maxwell Golf Course area, 1 Petroleum Drive benefits from a distinctive setting that elevates both residential and commercial development potential. The combination of scenic surroundings, mixed-use zoning flexibility, and strong visibility creates an opportunity to design a project that aligns with modern live-work-play preferences while serving the needs of the surrounding community.
The property enjoys exceptional accessibility directly off Treadway Boulevard (Business Highway 83), 1 mile from Highway 83, and only 4 miles from Abilene's vibrant downtown area. Surrounded by lifestyle-enriching amenities, numerous public schools, and nationally and regionally recognized brands, the site is 2 miles from the Mall of Abilene and 2.2 miles from Hendrick Medical Center South. In addition, the Abilene Regional Airport is only 6 miles away. Within a 3-mile radius, average household incomes reach $92,634 across more than 17,000 households, reflecting a substantial, steadily growing population. Additionally, within 5 miles, the balanced mix of owner-occupied and renter-occupied housing supports demand across a variety of residential and commercial development formats.
1 Petroleum Drive's ability to accommodate residential, commercial, and mixed-use concepts within a highly amenitized area offers developers the foundation to create a project that benefits from both immediate neighborhood appeal and long-term market demand.
Backing the well-maintained Willow Creek Golf Course and adjacent to the renowned Abilene Country Club and Maxwell Golf Course area, 1 Petroleum Drive benefits from a distinctive setting that elevates both residential and commercial development potential. The combination of scenic surroundings, mixed-use zoning flexibility, and strong visibility creates an opportunity to design a project that aligns with modern live-work-play preferences while serving the needs of the surrounding community.
The property enjoys exceptional accessibility directly off Treadway Boulevard (Business Highway 83), 1 mile from Highway 83, and only 4 miles from Abilene's vibrant downtown area. Surrounded by lifestyle-enriching amenities, numerous public schools, and nationally and regionally recognized brands, the site is 2 miles from the Mall of Abilene and 2.2 miles from Hendrick Medical Center South. In addition, the Abilene Regional Airport is only 6 miles away. Within a 3-mile radius, average household incomes reach $92,634 across more than 17,000 households, reflecting a substantial, steadily growing population. Additionally, within 5 miles, the balanced mix of owner-occupied and renter-occupied housing supports demand across a variety of residential and commercial development formats.
1 Petroleum Drive's ability to accommodate residential, commercial, and mixed-use concepts within a highly amenitized area offers developers the foundation to create a project that benefits from both immediate neighborhood appeal and long-term market demand.
Property Facts
1 Lot Available
Lot
| Price | $7 | Lot Size | 2.87 AC |
| Price Per AC | $2.44 |
| Price | $7 |
| Price Per AC | $2.44 |
| Lot Size | 2.87 AC |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
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1 Petroleum Dr