Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • 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

    4230 Sherwood Way San Angelo, TX 76901

    Sponsored
    For Lease
    $5,000 /Mo ($8 SF/Yr)

    COMMERCIAL - San Angelo, TX

    Property size:
    7,020 SF
    Lot size:
    0.59 Acres
    Days on Market:
    35
    Last Refresh:
    Feb 3 at 11:06 pm

    Property Features for 4230 Sherwood Way

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Window features
    Display Window(s)
    Zoning
    GC
    Parking
    15
    Parking features
    Parking Lot
    Size
    7,020 SF
    Lot size
    0.59 Acres

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Electric
    Water source
    Public

    Building Details

    Year built
    1959
    Floors in Building
    1
    Flooring type
    Concrete
    Building materials
    Metal Fabricated, Wood, Sheet Rock
    Roof type
    Metal

    We can help!

    Listing Contact
    Home and Land Group

    ERA Newlin & Company (325) 481-0500

    Listing agent Home and Land Group (325) 212-9451

    Listing date Dec 31, 2025

    MLS# 120563

    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.

    Learn more

    Property Insight Report

    Overview

    High Traffic Retail Location

    This retail location in San Angelo, Texas, offers 7,020 square feet of space for lease. Situated in a high-traffic area, the property benefits from significant visibility, with approximately 24,000 cars per day, according to TXDOT. The property is zoned GC. The lot size is 0.593 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    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
    -100.491229
    Latitude
    31.43967

    Nearby Similar for Lease

    • $8,500 /Mo
      23,484 SF

      San Angelo Office/Warehouse Space

      23,484 SF office/warehouse with apartment near Santa Rita neighborhood.
      1317 Colorado Ave, San Angelo, TX 76901
      View Details
    • $5,000 /Mo
      3,453 SF

      Turnkey Restaurant in San Angelo

      Fully furnished restaurant with high traffic and ample parking.
      3029 Sherwood Way, San Angelo, TX 76901
      View Details
    • New
      $4,000 /Mo
      2,800 SF

      Move-in Ready Medical Office Space

      Immaculate medical office near Shannon Hospital South, ready for occupancy.
      1820 Sunset Dr, San Angelo, TX 76904
      View Details
    • $4,500 /Mo
      6,378 SF

      San Angelo Commercial Space Available

      Large commercial building with multiple bay doors for rent.
      2421 Chadbourne St, San Angelo, TX 76903
      View Details
    • $15,000 /Mo
      25,000 SF

      San Angelo Commercial Shop For Rent

      Large shop with yard and office space available for lease.
      6253 Brodnax Ln, San Angelo, TX 76904
      View Details
    • $4,500 /Mo
      4,727 SF

      San Angelo Commercial Property For Lease

      Commercial property featuring office and warehouse spaces available for lease.
      2122 N Chadbourne St, San Angelo, TX 76903
      View Details
    • $1,200 /Mo
      1,000 SF

      San Angelo Workshop for Lease

      Secure workshop ideal for contractors with shelving and alley access.
      28 E Harris Ave, San Angelo, TX 76903
      View Details
    • $750 /Mo
      1,000 SF

      San Angelo Commercial Space Available

      Office and warehouse spaces for lease in San Angelo, TX.
      4152 Arden Rd, San Angelo, TX 76901
      View Details
    • $1,400 /Mo
      1,758 SF

      Downtown San Angelo Office Space

      Spacious office suite with multiple offices, reception, and parking.
      301 W 1St St, San Angelo, TX 76903
      View Details
    • Contact for pricing
      65,340 SF

      San Angelo Commercial Space Available

      Office and warehouse space near town and Hwy 87.
      6253 Brodnax Ln, San Angelo, TX 76904
      View Details
    • Contact for pricing
      5,000 SF

      San Angelo Warehouse with Office

      5,000 sq ft warehouse with office near downtown.
      6253 Brodnax Ln, San Angelo, TX 76904
      View Details
    • $3,000 /Mo
      2,250 SF

      Downtown San Angelo Office Space

      Upstairs office with private entrance, conference room, and storage.
      210 S Chadbourne St, San Angelo, TX 76903
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space for lease in San Angelo, Texas.
    Where is this retail space located?
    The property is located at 4230 Sherwood Way San Angelo, TX.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic retail location with 24,000 cars per day (TXDOT data).; - Large 7,020 sq ft space available for lease.; - Low lease rate of less than $0.72 per sq ft (Triple Net).
    (325) 212-9451
    Request Owner's contact information
    4230 Sherwood Way San Angelo, TX 76901
    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.
    4230 Sherwood Way
    San Angelo, TX 76901
    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
    4230 Sherwood Way San Angelo, TX 76901
    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

    We can help!
    Listing Contact
    Home and Land Group
    (325) 212-9451
    Learn more
    Google sign-in failed. Please try again or use another login method.