Warehouse with Living
For Sale
$495,000
8470 Loop 570, Wall, TX 76957
COMMERCIAL - Wall, TX
Property Size7,040 SF
Lot Size0.60 Acres
Price / SF$70.31
Days on Market121
Property Features for 8470 Loop 570
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
County Outside ETJ
Parking features
Parking Lot
Subdivision
A-1969, S-0069 S&P RR Co.
Standard status
Active
APN
66-01969-3454-500-00
Size
7,040 SF
Lot size
0.60 Acres
Taxes and HOA fees
Tax Description
Acres: 0.597 Abst: A-1969 S-0069 Survey: S & P Rr Co. 0.597 Acres
Legal Description
Acres: 0.597 Abst: A-1969 S-0069 Survey: S & P Rr Co. 0.597 Acres
Utilities
Sewer type
Septic Tank
Heating system
Central, Forced Air, Natural Gas
Cooling system
Electric, Central Air
Water source
Well
Building Details
Year built
1979
Flooring type
Concrete, Tile
Building materials
Frame
Roof type
Metal
Listing Agency:
Scott Allison Real Estate
(325) 949-5575
Listed By:
Todd E Cauthorn · License #0440520
(325) 656-1662
Added: Apr 15
Changed: Aug 4
Last Checked: Aug 13 at 7:06AM
MLS# 200499
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.
Investment Insights
Based on property information with market context.
This warehouse property features reinforced concrete floors designed to support machine shop equipment. The shop area includes three-phase power, and the space has foam insulation with doors on opposite ends. On-site living quarters are included with a 2-bedroom, 1.5-bath setup.
The property is listed for sale in Wall, Texas, on Loop 570, within Tom Green County. The listing is described as a NNN lease.
The building is identified as approximately 7,040 square feet, and the lot size is approximately 0.6 acres. The listing notes that equipment may be sold with the building; otherwise, it does not convey.
The property is listed for sale in Wall, Texas, on Loop 570, within Tom Green County. The listing is described as a NNN lease.
The building is identified as approximately 7,040 square feet, and the lot size is approximately 0.6 acres. The listing notes that equipment may be sold with the building; otherwise, it does not convey.
Key Highlights
- Warehouse with reinforced concrete floors designed to handle machine shop equipment
- Shop includes 3‑phase power, with foam insulation added and doors on opposite ends
- On‑site living quarters: 2‑bedroom, 1.5‑bath
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$44,022
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.89%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$880,440
$880.4K
Cap Rate 7%
$628,886
$628.9K
Cap Rate 9%
$489,133
$489.1K
Market Conditions
NOI Build-Up for 7,040 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$56.6K $8.04/SF
− Vacancy
−$4.8K −$0.68/SF
EGI
$51.8K $7.36/SF
− OpEx
−$7.8K −$1.10/SF
NOI
$44.0K $6.25/SF
Area
Tom Green County, TX
Vacancy
8.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$880,440
Cap Rate 7%
$628,886
Cap Rate 9%
$489,133
Alternative Uses
Best Use
Warehouse
$628.9K
$550.3K – $733.7K
NOI $44,022 @ 7.0% cap · market cap 8.89%
Second Best
Industrial
$517.9K
$453.2K – $604.2K
NOI $36,253 @ 7.0% cap · market cap 7.32%
Theoretical Best
Multifamily LT 5
$5.39M
$4.72M – $6.29M
NOI $377,240 @ 7.0% cap · market cap 76.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
29
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76957, TX
68
Population
48
Households
1.4
Avg Household Size
37
Median Age
22%
College-Educated
100%
High-School Grad
0.3 sq mi
ZIP Area
227
Density / Sq Mi
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse includes reinforced concrete floors, a shop with three-phase power, and on-site living quarters.
Where is this warehouse located?
The property is located at 8470 Loop 570 Wall, TX.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Warehouse with reinforced concrete floors designed to handle machine shop equipment; Shop includes 3‑phase power, with foam insulation added and doors on opposite ends; On‑site living quarters: 2‑bedroom, 1.5‑bath
