1 Petroleum Dr - Residential LAND FOR SALE


Abilene, TX 79602 | 10,001 SF
$70,000 USD
325-603-2431
1 Petroleum Dr, Abilene, TX for Sale
$70,000 USD
Residential LAND - FOR SALE
1/8
10,001 SF

1 Petroleum Dr
Abilene, TX 79602


HIGHLIGHTS

  • Discover flexible mixed-use potential at 1 Petroleum Drive, where newly approved PDD zoning supports residential, office, medical, and retail uses.
  • Backing Willow Creek Golf Course and adjacent to the Abilene Country Club, the site offers a scenic setting ideal for modern live-work-play concepts.
  • Benefit from direct access to Treadway Boulevard, 1 mile from Highway 83, 4 miles from Downtown Abilene, and 6 miles from Abilene Regional Airport.
  • Within 3 miles, more than 17,000 households and average incomes of $92,634 provide strong support for future mixed-use development.

OVERVIEW

Positioned for a wide range of mixed-use development projects, multiple 10,000 + lots at 1 Petroleum Drive offers newly rezoned Planned Development District (PDD) zoning that allows both residential and commercial uses. The property presents a rare opportunity to capitalize on a location suited for residential, office, medical, wellness, and complementary commercial concepts in a highly accessible area surrounded by established neighborhoods, community amenities, and strong demographic fundamentals. Backing the well-maintained Willow Creek Golf Course and adjacent to the renowned Abilene Country Club and Maxwell Golf Course area, 1 Petroleum Drive benefits from a distinctive setting that elevates both residential and commercial development potential. The combination of scenic surroundings, mixed-use zoning flexibility, and strong visibility creates an opportunity to design a project that aligns with modern live-work-play preferences while serving the needs of the surrounding community. The property enjoys exceptional accessibility directly off Treadway Boulevard (Business Highway 83), 1 mile from Highway 83, and only 4 miles from Abilene's vibrant downtown area. Surrounded by lifestyle-enriching amenities, numerous public schools, and nationally and regionally recognized brands, the site is 2 miles from the Mall of Abilene and 2.2 miles from Hendrick Medical Center South. In addition, the Abilene Regional Airport is only 6 miles away. Within a 3-mile radius, average household incomes reach $92,634 across more than 17,000 households, reflecting a substantial, steadily growing population. Additionally, within 5 miles, the balanced mix of owner-occupied and renter-occupied housing supports demand across a variety of residential and commercial development formats. 1 Petroleum Drive's ability to accommodate residential, commercial, and mixed-use concepts within a highly amenitized area offers developers the foundation to create a project that benefits from both immediate neighborhood appeal and long-term market demand.

FOR SALE DETAILS

PRICE

$70,000 USD

PRICE/ACRE

$304,921/AC

PRICE/SF

$7 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Commercial, Retail, Office, Mixed Use, Bank, Bar, Day Care Center, Drug Store, General Freestanding, Health Care, Health Club, Medical, Office Park, Rehabilitation Center, Religious Facility, Restaurant, Schools, Single Family Development, Storefront, Storefront Retail/Office, Storefront Retail/Residential, Strip Center, Winery/Vineyard, Single Family Residence

LAND ACRES

0.23 AC

LAND SF

10,000 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone

ZONING

PDD

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Stacey AltumPAK Harris Enterprises, LTDMore Info
325-603-2431

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Stacey AltumPAK Harris Enterprises, LTDMore Info
325-603-2431

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.