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1583 S 1st St 3,310 SF 76% Leased Flex Building Abilene, TX 79602 $500,000 ($151.06/SF) 10.50% Cap Rate
EXECUTIVE SUMMARY
Seller willing to pay commission to buyers agent.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $500,000 | Lot Size | 0.15 AC |
| Price Per SF | $151.06 | Rentable Building Area | 3,310 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 10.50% | Year Built | 1924 |
| Property Type | Flex | Parking Ratio | 3.02/1,000 SF |
| Property Subtype | Light Distribution | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | CB - CENTRAL BUSINESS, OPPRITUNITY ZONE | ||
| Price | $500,000 |
| Price Per SF | $151.06 |
| Sale Type | Investment or Owner User |
| Cap Rate | 10.50% |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | C |
| Lot Size | 0.15 AC |
| Rentable Building Area | 3,310 SF |
| No. Stories | 1 |
| Year Built | 1924 |
| Parking Ratio | 3.02/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | CB - CENTRAL BUSINESS, OPPRITUNITY ZONE |
AMENITIES
- Conferencing Facility
- Fenced Lot
- Security System
- Yard
- Automatic Blinds
- Storage Space
- Recessed Lighting
UTILITIES
- Water - City
- Sewer - City
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Falcon Healthcare
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Falcon Healthcare | Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
1 1
PROPERTY TAXES
| Parcel Number | 26282 | Total Assessment | $430,000 (2025) |
| Land Assessment | $19,500 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $410,500 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
26282
Land Assessment
$19,500 (2025)
Improvements Assessment
$410,500 (2025)
Total Assessment
$430,000 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
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JAR LAND & INVESTMENTS LLC
1583 S 1st St
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