5.22 Acres of Development Ready Multipurpose Land.
Marketplace Online Auction June 13-15, 2022
Motivated institutional seller
Located in the path of growth within one of the highest income areas of the city
Multiple development possibilities
Located approximately seven miles from downtown along the traffic-dense Buffalo Gap Road
Strategic placement nearby a host of educational facilities and the Abilene Country Club South
Edge Capital Markets and RI Marketplace are pleased to present a 5.22-Acre commercial land parcel located in Abilene, Texas (the “Property”). The Property is positioned approximately seven miles south of downtown Abilene and features an attractive location along the heavily trafficked Buffalo Gap Road, a primarily north-south residential artery. Positioned near the Abilene County Club South Course, the immediate area boasts some of the highest household incomes in the city, with average household incomes over $86,000 within a three-mile radius of the Property. The Property is surrounded by over 7,000 established and recently constructed single family homes with home values ranging from $250,000 to $450,000 and is continuing to expand with new residential developments. Nestled within a top-ranked school district, the Property is within immediate proximity to both Wylie High School and Wylie West Junior High School with a combined 3,700 students. The Property is primed for various commercial or residential developments and provides a buyer with the ability to acquire a 5.22-Acre development opportunity from an institutional seller at a reasonable cost basis.
Located in west central Texas, Abilene has a population of 121,000 people with average household incomes exceeding $63,000. Positioned along Interstate 20 just two hours west of Dallas-Fort Worth, the city of Abilene is a regional retail, medical, employment and education hub that serves neighboring towns and counties and draws in consumers and employees from beyond a 30-mile radius. With lower cost of living, high quality of life and a sophisticated rail and airport infrastructure, Abilene is currently home to top employers and major economic drivers including Dyess Air Force Base, Hendrick Health System, Abilene Christian University and Blue Cross Blue Shield. Abilene is home to three private universities as well as several technical colleges and is supported by a highly driven and educated workforce with a labor shed of over 140,000 people.
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