Freestanding Day Care
For Sale
$480,000
113 E Twohig Avenue, San Angelo, TX 76903
Commercial Sale, San Angelo, TX
Property Size3,000 SF
Lot Size0.48 Acres
Price / SF$160
Days on Market217
Property Features for 113 E Twohig Avenue
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
CBD
Parking features
Parking Lot
Security features
Security System
Subdivision
San Angelo
Directions
Located in the heart of Downtown San Angelo. Just east of the intersection of Twohig Avenue and Oakes Street.
Standard status
Active
APN
R000006552
Size
3,000 SF
Lot size
0.48 Acres
Taxes and HOA fees
Tax Description
2ND REPLAT IN BLOCK 3, SAN ANGELO MAIN TOWN BLOCK 1-10, A-D (VILLAGE OF ST. ANGELA) (Property ID's: R000006552, R000006551)
Legal Description
2ND REPLAT IN BLOCK 3, SAN ANGELO MAIN TOWN BLOCK 1-10, A-D (VILLAGE OF ST. ANGELA) (Property ID's: R000006552, R000006551)
Utilities
Heating system
Electric (Heating), Central, Forced Air
Cooling system
Central Air, Electric
Building Details
Year built
1950
Floors in Building
1
Flooring type
Tile, Carpet
Building materials
Brick
Roof type
Membrane
Listing Agency:
Keller Williams Synergy · Keller Williams Realty
(325) 292-0800
Listed By:
Sterling Davidson Fryar · License #0585689
(325) 276-0757
Added: Mar 4
Changed: Sep 13
Last Checked: Oct 7 at 2:06PM
MLS# 130436
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 freestanding day care facility includes 3,000 square feet on a 21,000-square-foot parcel. Built in 1950, the brick building has tile and carpet flooring, a membrane roof, electric central forced-air heating, and central electric cooling. On-site parking is provided by a dedicated parking lot.
The property is located in downtown San Angelo near the east side of Twohig Avenue and South Oakes Street. It carries CBD zoning and is currently operated as a daycare facility. A new three-year gross lease is in place, and the offering reflects an 8.71% capitalization rate.
The property is located in downtown San Angelo near the east side of Twohig Avenue and South Oakes Street. It carries CBD zoning and is currently operated as a daycare facility. A new three-year gross lease is in place, and the offering reflects an 8.71% capitalization rate.
Key Highlights
- 3,000 SF freestanding building on 21,000 SF of land
- New three‑year gross lease in place
- 8.71% capitalization rate
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,270
Cap Rate
8.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$805,400
$805.4K
Cap Rate 7%
$575,286
$575.3K
Cap Rate 9%
$447,444
$447.4K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$61.2K $20.40/SF
− Vacancy
−$3.7K −$1.22/SF
EGI
$57.5K $19.18/SF
− OpEx
−$17.3K −$5.75/SF
NOI
$40.3K $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 Rate 5%
$805,400
Cap Rate 7%
$575,286
Cap Rate 9%
$447,444
Alternative Uses
Best Use
Retail
$575.3K
$503.4K – $671.2K
NOI $40,270 @ 7.0% cap · market cap 8.39%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$2.30M
$2.01M – $2.68M
NOI $160,756 @ 7.0% cap · market cap 33.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,070
Businesses Nearby
39k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 54%
Dining 30%
Shops & Services 16%
Food King
Groceries
21,146 visits/mo
0.3 miles
Twisted Root Burger Co.
Dining
11,657 visits/mo
0.3 miles
Family Dollar
Shops & Services
5,197 visits/mo
0.4 miles
Firestone Complete Auto Care
Shops & Services
997 visits/mo
0.2 miles
Demographics for 76903, TX
32,215
Population
14,169
Households
2.3
Avg Household Size
37
Median Age
16%
College-Educated
78%
High-School Grad
25.0 sq mi
ZIP Area
1,289
Density / Sq Mi
$49,045
Median Household Income
$33,077
Median Earnings
$1,051
Median Rent
$115,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Around the Clock Child Care Center — 12 S Emerick St, San Angelo, TX 76903
Frequently Asked Questions
What type of property is this?
Day care center - CBD-zoned facility with a new three-year gross lease in place.
Where is this day care center located?
The property is located at 113 E Twohig Avenue San Angelo, TX.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: 3,000 SF freestanding building on 21,000 SF of land; New three‑year gross lease in place; 8.71% capitalization rate
