Standalone Office
For Sale
$185,000
Pending
1315 S Abe Street, San Angelo, TX 76903
Commercial Sale, San Angelo, TX
Property Size980 SF
Lot Size0.17 Acres
Days on Market51
Property Features for 1315 S Abe Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
CO; Commercial Office
Zoning description
Office
Parking features
Driveway
Subdivision
Park Heights
Directions
South on Abe Street (South Bryant) across from Denny's and Stripes.
Standard status
Pending
APN
R000010023
Size
980 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Description
Acres: 0.172 Lot: 11 Blk: 39 Subd: Park Heights Addition
Legal Description
Acres: 0.172 Lot: 11 Blk: 39 Subd: Park Heights Addition
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
kitchenette
Building Details
Year built
1930
Floors in Building
1
Flooring type
Carpet, Tile
Building materials
Vinyl Siding
Roof type
Composition
Listing Agency:
Keller Williams Synergy · Keller Williams Realty
(325) 292-0800
Listed By:
Sterling Davidson Fryar · License #0585689
(325) 276-0757
Added: Aug 25
Changed: Oct 12
Last Checked: Oct 14 at 3:06PM
MLS# 202162
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 980-square-foot office property occupies a 0.17-acre lot and is configured with multiple offices, a kitchenette, and an area that can serve as a conference room. The building dates to 1930 and features vinyl siding, tile and carpet flooring, central heating, and central air conditioning. A driveway provides on-site parking access.
Located at 1315 S Abe Street in San Angelo, the property is zoned CO; Commercial Office. Public water and public sewer serve the site, with electricity available. The composition roof completes the building improvements.
Located at 1315 S Abe Street in San Angelo, the property is zoned CO; Commercial Office. Public water and public sewer serve the site, with electricity available. The composition roof completes the building improvements.
Key Highlights
- 980 square feet of standalone office space
- 0.17‑acre lot at 1315 S Abe Street, San Angelo, TX 76903
- CO; Commercial Office zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,230
Cap Rate
7.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$264,600
$264.6K
Cap Rate 7%
$189,000
$189.0K
Cap Rate 9%
$147,000
$147.0K
Market Conditions
NOI Build-Up for 980 SF
Gross rent
$23.5K $24.00/SF
− Vacancy
−$5.9K −$6.00/SF
EGI
$17.6K $18.00/SF
− OpEx
−$4.4K −$4.50/SF
NOI
$13.2K $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%
$264,600
Cap Rate 7%
$189,000
Cap Rate 9%
$147,000
Alternative Uses
Best Use
Office B
$189.0K
$165.4K – $220.5K
NOI $13,230 @ 7.0% cap · market cap 7.15%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$750.2K
$656.4K – $875.2K
NOI $52,514 @ 7.0% cap · market cap 28.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
719
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Multiple offices, a kitchenette, and adaptable meeting space support a range of professional office uses.
Where is this office building located?
The property is located at 1315 S Abe Street San Angelo, TX.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: 980 square feet of standalone office space; 0.17‑acre lot at 1315 S Abe Street, San Angelo, TX 76903; CO; Commercial Office zoning
