Downtown Office Building with
New
For Sale
$1,380,000
125 S Irving Street, San Angelo, TX 76903
Commercial Sale, San Angelo, TX
Property Size5,000 SF
Lot Size0.12 Acres
Price / SF$276
Days on Market3
Property Features for 125 S Irving Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Office
Parking features
On Street, Alley
Subdivision
San Angelo
Standard status
Active
APN
23-41700-0090-002-00
Size
5,000 SF
Lot size
0.12 Acres
Additional Details
Property Use
Office
Taxes and HOA fees
Tax Description
Legal: Acres: 0.048, Blk: 9, Subd: SAN ANGELO ADDITION, N20' OF S100' OF LOTS 1 & 2 & 3.7' EAST & ADJ
Legal Description
Legal: Acres: 0.048, Blk: 9, Subd: SAN ANGELO ADDITION, N20' OF S100' OF LOTS 1 & 2 & 3.7' EAST & ADJ
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public
Amenities
private offices
work areas
conference room
library
file room
vault rooms
break room
restrooms with shower
skylight
Building Details
Year built
1957
Floors in Building
1
Flooring type
Vinyl
Building materials
Brick
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Yazmin Gardea · License #0760476
(915) 503-4166
Added: Nov 4
Last Checked: Nov 6 at 12:06AM
MLS# 202968
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.
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Investment Insights
Based on property information with market context.
This 5,000-square-foot office building in downtown San Angelo includes six private offices, additional work areas and a conference room. Interior amenities comprise a library, a large file room, two vault rooms, a break room and three restrooms, one with a shower. A central skylight brings natural light into the building. The structure was built in 1957 and has brick construction, vinyl flooring, central electric heating and central air conditioning.
The property occupies a 0.119-acre lot at 125 S Irving Street. Street and alley parking are available, and the site is near downtown restaurants, shops and businesses. Public water and sewer serve the property.
The property occupies a 0.119-acre lot at 125 S Irving Street. Street and alley parking are available, and the site is near downtown restaurants, shops and businesses. Public water and sewer serve the property.
Key Highlights
- 5,000 square feet of office space on a 0.119‑acre lot
- Six private offices, multiple work areas and a conference room
- Library, large file room, two vault rooms and break room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,500
Cap Rate
4.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,350,000
$1.4M
Cap Rate 7%
$964,286
$964.3K
Cap Rate 9%
$750,000
$750.0K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$120.0K $24.00/SF
− Vacancy
−$30.0K −$6.00/SF
EGI
$90.0K $18.00/SF
− OpEx
−$22.5K −$4.50/SF
NOI
$67.5K $13.50/SF
Area
Tom Green County, TX
Vacancy
25.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,350,000
Cap Rate 7%
$964,286
Cap Rate 9%
$750,000
Alternative Uses
Best Use
Office B
$964.3K
$843.8K – $1.13M
NOI $67,500 @ 7.0% cap · market cap 4.89%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$3.83M
$3.35M – $4.47M
NOI $267,926 @ 7.0% cap · market cap 19.41%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,097
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Six private offices and multiple work areas support a range of business functions.
Where is this office building located?
The property is located at 125 S Irving Street San Angelo, TX.
What is the asking price?
The asking price for this property is $1,380,000.
What are key features of this property?
This property features: 5,000 square feet of office space on a 0.119‑acre lot; Six private offices, multiple work areas and a conference room; Library, large file room, two vault rooms and break room
