Established Auto Shop on
For Sale
$225,000
8558 Tx-208, San Angelo, TX 76905
Commercial Sale, San Angelo, TX
Property Size1,200 SF
Lot Size8.75 Acres
Price / SF$187.50
Days on Market88
Property Features for 8558 Tx-208
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Zoning description
Limited Commercial
Parking
20
Parking features
Parking Lot
Fencing
Fenced
Subdivision
A-1833S-0965 San Saba CN
Standard status
Active
APN
R000056666
Size
1,200 SF
Lot size
8.75 Acres
Taxes and HOA fees
Tax Description
Acres: 8.750, Blk: (TR 16), TRACT: 16, Abst: A-1833 S-0965, Survey: SAN SABA CNTY SC, 8.750 Acres
Legal Description
Acres: 8.750, Blk: (TR 16), TRACT: 16, Abst: A-1833 S-0965, Survey: SAN SABA CNTY SC, 8.750 Acres
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating), Radiant
Building Details
Year built
2000
Floors in Building
1
Flooring type
Concrete
Roof type
Metal
Listing Agency:
ERA Newlin & Company · ERA Real Estate
(325) 481-0500
Listed By:
Ruben Martinez · License #0429772
(325) 234-1659
Added: Jun 10
Changed: Aug 26
Last Checked: Sep 5 at 4:06PM
MLS# 201238
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 established auto shop includes a 1,200-square-foot building on 8.75 acres. The property features concrete flooring, electric and radiant heating, a metal roof, fenced grounds, and a parking lot. Construction dates to 2000, and the site is served by a septic tank.
Located in San Angelo, Texas, the property is accessed from TX-208. Rural water is being hooked up, and the acreage provides room for future expansion. Commercial zoning supports the property's existing automotive use.
Located in San Angelo, Texas, the property is accessed from TX-208. Rural water is being hooked up, and the acreage provides room for future expansion. Commercial zoning supports the property's existing automotive use.
Key Highlights
- Established auto shop on 8.75 acres
- 1,200‑square‑foot building constructed in 2000
- Fenced property with parking lot
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
$16,108
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
7.16%
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%
$322,160
$322.2K
Cap Rate 7%
$230,114
$230.1K
Cap Rate 9%
$178,978
$179.0K
Market Conditions
NOI Build-Up for 1,200 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
$24.5K $20.40/SF
− Vacancy
−$1.5K −$1.22/SF
EGI
$23.0K $19.18/SF
− OpEx
−$6.9K −$5.75/SF
NOI
$16.1K $13.42/SF
Area
Tom Green County, TX
Vacancy
6.00%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
30.00%
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%
$322,160
Cap Rate 7%
$230,114
Cap Rate 9%
$178,978
Alternative Uses
Best Use
Retail
$230.1K
$201.4K – $268.5K
NOI $16,108 @ 7.0% cap · market cap 7.16%
Second Best
Industrial
$88.3K
$77.3K – $103.0K
NOI $6,180 @ 7.0% cap · market cap 2.75%
Theoretical Best
Multifamily LT 5
$918.6K
$803.8K – $1.07M
NOI $64,302 @ 7.0% cap · market cap 28.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76905, TX
13,635
Population
5,293
Households
2.6
Avg Household Size
34
Median Age
19%
College-Educated
86%
High-School Grad
183.5 sq mi
ZIP Area
74
Density / Sq Mi
$81,645
Median Household Income
$39,880
Median Earnings
$1,499
Median Rent
$146,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Jewel Auto Refinishing — N. of 2105 on right, 8558 TX-208 #3miles, San Angelo, TX 76905
Frequently Asked Questions
What type of property is this?
Auto shop - Established auto shop with fenced grounds, parking, and additional land for expansion.
Where is this auto shop located?
The property is located at 8558 Tx-208 San Angelo, TX.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Established auto shop on 8.75 acres; 1,200‑square‑foot building constructed in 2000; Fenced property with parking lot
