Abilene Multifamily Land at Denali — Sale in Abilene, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Commercial Land
  • Location: Abilene, TX 79602

Photos

Abilene Multifamily Land at Denali — Sale in Abilene, TX, photo 1 of 4
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Description

Marcus & Millichap is pleased to present the exclusive listing of the Abilene Multifamily Land at Denali, consisting of approximately 14.1 acres in high-growth Abilene, Texas. The Site is located immediately south of Hendrick Medical Center South location, one of the city’s largest employers that recently received a $9 million investment for further expansion. Additionally, the Site is part of a 160-acre master-planned community consisting of office, mixed-use, residential, and retail. Construction is currently underway on the commercial pads and professional offices, and the multifamily adjacent to the Site is fully stabilized and highly occupied. There are several new development projects in Abilene that have been put in motion for the next three to five years that will create numerous new jobs, such as a new 71,000-square-foot Amazon warehouse and the Great Lakes Cheese 286,500-square-foot packaging plant, which is slated to be the largest in the nation. Abilene is attracting many new residents, as it has been continually ranked as one of the most affordable places to live in the United States. Investment Highlights: • 14.1-Acre Development Site in Abilene, Texas, Five Miles South of Downtown • Located in the Middle of a 160-Acre, Mixed-Use Master-Planned Community • Immediately South of Hendrick Medical Center South, a top long-term Employer in the City • Stargate Data Center Project will boost Occupancy and Rental Rates for many years • Multifamily Zoning with 24 Units Per Acre to be Provided to the Buyer • Site comes with NO Offsite Costs and will have Water and Sewer provided to-Site

Market Context

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