3101 W Stamford Street is an approximately 106-acre tract zoned Heavy Commercial. It is best suited for investment such as development, land assemblage, land appreciation, appurtenance to tech/the Stargate Project, capturing the fundamentals of the Texas real estate market, or for local business use in Abilene. 3101 W Stamford Street is virtually shovel-ready as there is a nearby electrical substation, and all utilities are easily available at the site.
OPPORTUNITY
This is a blank slate for the right developer or investor to create their vision, their way. No plans or approvals have been remitted to the city, so there are no competing visions in play with the city currently. The city is open to various zoning uses by Right, CUP, and SUP, and the local regional Alliance is incentivizing investment and business in the area, welcoming and encouraging investment through various programs. 3101 W Stamford Street property lies within a floodway, so research is recommended. However, many residential communities, commercial projects, and even government buildings have been built within the same area; development is not overly restricted here.
LOCATION
3101 W Stamford Street is the largest publicly available land parcel within the Abeline Highway Loop and has direct exposure to Interstate 20, a convenient location for commuters, transporters, and consumers alike. The property is within 10 minutes of the area’s most important destinations, including downtown, Abilene’s three universities, Hendrick Medical Center, Abilene Regional Airport, and Dyess Air Force Base. Interstate 20 is undergoing an expansion, and the site already sees excellent daily car counts, 37,538 from Interstate 20 and 25,869 from Highway 277 (CoStar), a valuable identity and connectivity amplifying advantage for this emerging market.
STARGATE’S STARTING POINT
A January 2025 presidential announcement was made regarding the Stargate Project, a $500 billion investment into AI and national security for the United States. Abilene was chosen as the first site for this joint venture with Softbank, Open AI, and Oracle. Larry Ellison, Oracle Executive Chairman, highlighted that 10 buildings are already underway, each of which is 500,000 square feet and only a few miles from 3101 W Stamford Street. The Stargate Project sets the stage for unprecedented prosperity for Abilene, making this property an indispensable opportunity to take advantage of the city’s assured growth.
Visit the Data Room for more information, including the Offering Memorandum and due diligence materials.