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Flex Space with Office Suite

902 E 19th Street San Angelo, TX 76903

902 E 19th Street, San Angelo, TX, 76903
$149,000
For Sale
$149,000

COMMERCIAL - San Angelo, TX

Property Size880 SF
Lot Size0.16 Acres
Price / SF$169.32
Days on Market35

Property Features for 902 E 19th Street

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
CG/CH
Parking features
Parking Lot
Fencing
Fenced
Standard status
Active
APN
R000024393
Size
880 SF
Lot size
0.16 Acres

Taxes and HOA fees

Tax Description
Legal: Acres: 0.161, Lot: 16, Blk: 16, Subd: EXALL ADDITION

Utilities

Sewer type
Public Sewer
Heating system
Central, Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public

Building Details

Year built
1960
Floors in Building
1
Building materials
Frame, Stone
Roof type
Composition
Listing agency ERA Newlin & Company
Listed by Texas Living Realty Group
Added: Jun 17 Checked: Jul 21 at 9:06PM
MLS# 200959

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 flex-style property includes an office building with approximately 880 square feet of workspace. The main layout features a separate office suite with its own entrance and restroom, which can support private office use or be configured for separate occupancy. Behind the office building, there is outdoor space intended for equipment, serviced vehicles, trailers, materials, or other contractor-oriented storage needs. An additional apartment is located in the back area, offering another flexible option for income, employee housing, or potential conversion to office space.

The property is zoned CG/CH (General/Heavy Commercial) and is situated on a heavily traveled corridor, providing visibility for service-based businesses. It is positioned to support day-to-day operations that require both work space and room for vehicles and materials.

For contractors, service companies, construction businesses, and other trades needing flexibility, this property combines office functionality with practical storage and staging space. The separate suite with its own entrance and restroom can help streamline operations for multi-function teams, while the outdoor area supports equipment and trailer parking needs.

Key Highlights

  • Zoned General/Heavy Commercial for a wide range of business uses
  • Main office building offers approx. 880 SF of workspace with a separate office suite (own entrance and restroom)
  • Includes outdoor space behind the building for equipment, serviced vehicles, trailers, or materials

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $21.1k $24.00
− Vacancy −$5.3k −$6.00
EGI $15.8k $18.00
− OpEx −$4.0k −$4.50
NOI $11.9k $13.50
880 SF · lease $24.00/SF/yr · vacancy 25.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$169.7K
$148.5K – $198.0K (±1% cap)
NOI $11,880 @ 7.0% cap · market cap 7.97%
Second Best
Flex RnD
$89.7K
$78.5K – $104.7K (±1% cap)
NOI $6,281 @ 7.0% cap · market cap 4.22%
Theoretical Best
Multifamily LT 5
$673.6K
$589.4K – $785.9K (±1% cap)
NOI $47,155 @ 7.0% cap · market cap 31.65%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Lillie Street Church ... Church

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Nail Salon Hair Salon Pharmacy HVAC Service Accounting Firm Daycare Center Electrical Service

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

FAQs

What type of property is this?
Flex space - Flex-style setup with office workspace, a separate suite, and outdoor space for equipment, vehicles, and trailers.
Where is this flex space located?
The property is located at 902 E 19th Street San Angelo, TX.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: Zoned General/Heavy Commercial for a wide range of business uses; Main office building offers approx. 880 SF of workspace with a separate office suite (own entrance and restroom); Includes outdoor space behind the building for equipment, serviced vehicles, trailers, or materials
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