Office Warehouse Near
1101 S Abe St, San Angelo, TX 76903
Centrally Located Attractive Office Warehouse
Property size:
6,000 SFLot size:
0.28 AcresPrice / SF:
$249/SF- Added:
- Oct 21, 2025
- Days on Market:
- 232
- Last Refresh:
- May 4 at 6:26 pm
Property Features for 1101 S Abe St
General Information
- Standard status
- Active
- Property type
- Office buildings, Office Spaces
- Size
- 6,000 SF
- Net Rentable
- 6,000 SF
- Total Parking Spaces
- 12
- Elevators
- No
- Lot size
- 0.28 Acres
- Investment Type
- Owner User
Building Details
- Year Built
- 1976
- Year Renovated
- 1995
- Buildings
- 1
- Stories
- 2
- Units
- 1
Listing agent Tonya (325) 655-4433
Listing office (325) 655-4433
Listing date Oct 21, 2025
Overview
This office warehouse is centrally located near downtown San Angelo, Texas, offering convenient access to major roadways and highways. The property features 3,892 square feet of carpeted office space with AVAC. The office area includes three offices and a large conference room downstairs, along with one large office area upstairs. A refreshment room is equipped with a refrigerator and microwave. There are two restrooms. The warehouse space comprises 2,108 square feet with concrete floors and 20-foot exterior walls. It includes three large drive-in doors, two of which have electric openers, and painted cinder block walls. Situated on a 0.276-acre corner lot, the property provides ample parking. Owner financing is available with 25% down, interest at Wall Street Prime adjusted semiannually, for 10 years with a 2% cost of living index on the annual unpaid balance.
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 | $144.0k | $24.00 |
| − Vacancy | −$36.0k | −$6.00 |
| EGI | $108.0k | $18.00 |
| − OpEx | −$27.0k | −$4.50 |
| NOI | $81.0k | $13.50 |
6,000 SF · lease $24.00/SF/yr · vacancy 25.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.16M
$1.01M – $1.35M
NOI $81,000 @ 7.0% cap · market cap 5.42%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$4.59M
$4.02M – $5.36M
NOI $321,512 @ 7.0% cap · market cap 21.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- San Angelo
- County
- Tom Green
- State
- Texas
- Longitude
- -100.4421157
- Latitude
- 31.450661
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Centrally Located Attractive Office Warehouse
Where is this office building located?
The property is located at 1101 S Abe St San Angelo, TX.
What is the asking price?
The asking price for this property is $1,495,000.
