Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    13 E Twohig Avenue San Angelo, TX 76903

    View on Map
    For Sale
    $345,000

    COMMERCIAL - San Angelo, TX

    Type:Retail
    Property size:
    4,325 SF
    Added:
    Nov 11, 2025
    Days on Market:
    140
    Last Refresh:
    Mar 31 at 2:06 pm

    Property Features for 13 E Twohig Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Parking features
    Parking Lot, On Street
    Standard status
    Active
    APN
    23-41700-0010-029-00
    Size
    4,325 SF

    Taxes and HOA fees

    TaxDescription
    Legal: Acres: 0.207, Blk: 1, Subd: SAN ANGELO ADDITION, THE EAST 1/2 OF LOT 19 & THE EAST 1/2 OF THE NORTH 80.00'OF LOT 12

    Utilities

    Heating system
    Electric (Heating), Forced Air, Central
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1904
    Flooring type
    Carpet, Wood
    Building materials
    Brick

    We can help!

    Listing Contact
    Danielle Ellise Group

    Listing agent Danielle Ellise Group

    Listing office Keller Williams Synergy 2117 Knickerbocker, Abilene, TX

    Listing date Nov 11, 2025

    MLS# 129728

    Copyright © 2026 San Angelo Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Downtown San Angelo Commercial Property

    Located in the heart of historic downtown San Angelo, this commercial property offers an expansive layout and character. The building is suitable for retail space, office suites, a restaurant, or a mixed-use development. The property offers possibilities for a new owner to bring their vision to life and invest in one of San Angelo's most vibrant areas. The property has a size of 4325 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tarpley Music company (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Angelo
    County
    Tom Green
    State
    Texas
    Longitude
    -100.435309
    Latitude
    31.461116

    Nearby Similar for Sale

    • $519,000
      4,836 SF

      Versatile Commercial Property in San Angelo

      Office and warehouse space with multiple amenities in San Angelo.
      2122 N Chadbourne Street, San Angelo, TX 76903
      View Details
    • $480,000
      3,000 SF

      San Angelo Retail Investment Opportunity

      Freestanding retail building with new lease in downtown San Angelo.
      113 E Twohig Avenue, San Angelo, TX 76903
      View Details
    • $325,000
      2,600 SF

      Charming Restaurant in Downtown San Angelo

      Turnkey restaurant with high traffic and seating for 60.
      435 Pulliam Street, San Angelo, TX 76903
      View Details
    • $315,000
      1,980 SF

      San Angelo Commercial Property For Sale

      1,980 sqft shop on three lots with excellent visibility.
      1624 W Beauregard Avenue, San Angelo, TX 76901
      View Details
    • $745,000
      3,453 SF

      Turnkey Restaurant in Prime Location

      Fully furnished restaurant with top-of-the-line equipment and ample parking.
      3029 Sherwood Way, San Angelo, TX 76901
      View Details
    • $1,358,063
      3,420 SF

      High-Visibility Corner Lot in San Angelo

      Prime commercial opportunity with high traffic and expansion potential.
      570 Smith Boulevard, San Angelo, TX 76905
      View Details
    • $380,000
      2,040 SF

      Remodeled Downtown San Angelo Commercial Property

      Turnkey commercial property with established business in high-traffic location.
      17 W Beauregard Avenue, San Angelo, TX 76903
      View Details
    • $289,900
      2,500 SF

      Versatile Commercial Building in San Angelo

      2,500 sqft commercial building with office, storage, and fenced yard.
      115 W Ave N, San Angelo, TX 76903
      View Details
    • $299,500
      8,620 SF

      San Angelo Commercial Opportunity

      Commercial property suitable for trailer repair, sandblasting, and painting.
      1212 N Bell Street, San Angelo, TX 76903
      View Details
    • $325,000
      3,116 SF

      San Angelo Diner-Style Restaurant

      Diner-style restaurant in high-traffic area, potential city funding.
      1205 N Chadbourne Street, San Angelo, TX 76903
      View Details
    • $475,000
      6,400 SF

      San Angelo Automotive Property

      Automotive property featuring three buildings on 1.486 acres.
      2981 W FM 2105, San Angelo, TX 76901
      View Details
    • $1,200,000
      10,788 SF

      Corner Warehouse in San Angelo

      Fully leased corner warehouse generating income in San Angelo, Texas.
      4020 Sul Ross Street, San Angelo, TX 76904
      View Details

    FAQs

    What type of property is this?
    Retail space - Prime commercial property in historic downtown San Angelo with owner financing.
    Where is this retail space located?
    The property is located at 13 E Twohig Avenue San Angelo, TX.
    What is the asking price?
    The asking price for this property is $345,000.
    What are key features of this property?
    This property features: Prime commercial property in the heart of historic downtown San Angelo.; Owner financing available.; Suitable for retail, office, restaurant, or mixed‑use development.
    (325) 812-1314
    We can help!
    Listing Contact
    Danielle Ellise Group
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!