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Investment Highlights

  • Positioned within a federally designated Opportunity Zone, offering potential tax advantages for investors.
  • Existing urban infrastructure and nearby revitalization efforts support a range of redevelopment concepts.
  • Strong connectivity to major Abilene corridors and proximity to local government, dining, and business services.
  • Accessible corner location within a moderately walkable and bikeable central business district.

Executive Summary

609 Sycamore Street offers a 0.32-acre commercial lot prominently situated in central Abilene within the southern downtown district. The property is zoned CB (Central Business), permitting a wide range of commercial, retail, and service uses. Positioned adjacent to the Enterprise Tower, this site benefits from its proximity to the downtown business core, civic institutions, and a well-established roadway network, fostering consistent traffic and accessibility.
This parcel is a designated Opportunity Zone, which may allow investors to take advantage of significant tax incentives for capital gains deferral and potential exclusion when redevelopment criteria are met. With a single lot configuration and convenient street frontage, the site is ideal for developers or owner-users seeking a strategic location for retail, office, or mixed-use projects. Located within walking distance of local amenities and a growing urban environment, 609 Sycamore presents a favorable platform for long-term investment and urban infill development.

Property Facts

Price $117,030 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 0.32 AC
Opportunity Zone Yes
Zoning CB - Central Busisness

1 Lot Available

Lot

Price $117,030 CAD
Price Per AC $365,720.17 CAD
Lot Size 0.32 AC

0.32-acre commercial lot in downtown Abilene with CB zoning, ideal for retail, office, or mixed-use development. Located near Enterprise Tower and within an Opportunity Zone for potential tax incentives.

Description

The subject property is located in central Abilene in southern downtown adjacent to the Enterprise Tower

Fairly walkable
50/100
Moderately drivable
60/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
50347
Land Assessment
$16,375 CAD
Improvements Assessment
$0 CAD
Total Assessment
$16,375 CAD
  • Listing ID: 35333502

  • Date on Market: 2025-04-01

  • Last Updated:

  • Address: 609 Sycamore st, Abilene, TX 79602

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