Abilene Multifamily Site — Sale in Abilene, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Commercial Land
  • Location: Abilene, TX 79606

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Description

Marcus & Millichap is pleased to present the exclusive listing of the Abilene Multifamily Site, comprising over 22 acres with city-approved multifamily zoning in the high-growth area of Abilene, Texas. The site is located immediately southeast of Dyess Air Force Base, the city’s largest employer, which is investing approximately $1 billion in the expansion of the B-21 Raider program. The site has recently received unanimous approval for multifamily zoning. With excellent visibility and access to Dub Wright Boulevard (FM 3438) and U.S. Highway 277S, this site is ideally suited for a new apartment project that will benefit from the dense military base population. Additionally, several new development projects in Abilene are set to unfold over the next three to five years, creating numerous new jobs. These include a new 71,000-square-foot Amazon warehouse and a 286,500-square-foot Great Lakes Cheese packaging plant, which is slated to be the largest in the nation. Abilene has also been selected as the first location for Project Stargate, a $500 billion AI infrastructure initiative led by SoftBank, OpenAI, and Oracle. This project is expected to create over 100,000 jobs almost immediately. It aims to revolutionize AI capabilities with massive data centers already under construction, positioning Abilene as a key hub for innovation and economic growth. Alongside these developments, Abilene’s continued ranking as one of the most affordable places to live in the United States further strengthens its appeal for growth and investment. Investment Highlights: • 22+ Acre Development Site in Abilene, Texas, Two Miles Southeast of Dyess Airforce Base, Abilene's Top Employer. • Located Eight Miles Southwest from Downtown Abilene. • Located Eight Miles South from Stargate Site 1, President Trump's recently announced $500 billion AI infrastructure initiative. • Zoning in Place for Multifamily (24 Units per Acre). • Six-minute drive from the Abilene City Mall with over 80 retailers.

Market Context

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