Retail Space for Restaurant or
For Sale
Contact for pricing
1806 College Hills Blvd, San Angelo, TX 76904
Retail space zoned CN - Neighborhood Commercial, offering flexible options for restaurant or retail businesses.
Property Size1,215 SF
Price / SF$411.52
Days on Market479
Property Features for 1806 College Hills Blvd
General Information
Standard status
Active
Size
1,215 SF
Property subtype
RETAIL
Zoning
CN - Neighborhood Commercial
Listing Agency:
Dub Z. Johnson Real Estate Services
(325) 277-2013
Listed By:
Dub Z. Johnson
(325) 277-2013
Source:
Moodyscre
Added: Apr 9, 2025
Changed: Jul 30
Last Checked: Jul 30 at 11:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dub Z. Johnson Real Estate Services
Investment Insights
Based on property information with market context.
This retail space at 1806 College Hills Blvd is presented as a unique location/property option for restaurant or retail businesses. The property is zoned CN - Neighborhood Commercial, supporting neighborhood-serving retail uses.
The space totals 1,215 SF. The listing does not describe a specific suite configuration, frontage, or additional building features, but the CN zoning and intended use provide a clear starting point for evaluating concepts that fit a neighborhood commercial setting.
The space totals 1,215 SF. The listing does not describe a specific suite configuration, frontage, or additional building features, but the CN zoning and intended use provide a clear starting point for evaluating concepts that fit a neighborhood commercial setting.
Key Highlights
- 1,215 SF retail space for restaurant or retail concepts
- Zoned CN - Neighborhood Commercial
- 1806 College Hills Blvd, San Angelo, TX 76904
Financial Insights For Retail
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 | $24.8k | $20.40 |
| − Vacancy | −$1.5k | −$1.22 |
| EGI | $23.3k | $19.18 |
| − OpEx | −$7.0k | −$5.75 |
| NOI | $16.3k | $13.42 |
1,215 SF · lease $20.40/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$233.0K
$203.9K – $271.8K
NOI $16,309 @ 7.0% cap · market cap 3.26%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$930.1K
$813.8K – $1.09M
NOI $65,106 @ 7.0% cap · market cap 13.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
415
Businesses Nearby
125k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 35%
Groceries 27%
Shops & Services 25%
Apparel 10%
Market Street
Groceries
34,267 visits/mo
0.2 miles
Texas Roadhouse
Dining
29,699 visits/mo
0.2 miles
IHOP
Dining
13,533 visits/mo
0.2 miles
Goodwill
Apparel
12,518 visits/mo
0.1 miles
United Express Fuel
Shops & Services
10,233 visits/mo
0.1 miles
Demographics for 76904, TX
36,736
Population
16,812
Households
2.2
Avg Household Size
37
Median Age
35%
College-Educated
95%
High-School Grad
440.8 sq mi
ZIP Area
83
Density / Sq Mi
$79,617
Median Household Income
$45,768
Median Earnings
$1,119
Median Rent
$266,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space zoned CN - Neighborhood Commercial, offering flexible options for restaurant or retail businesses.
Where is this retail space located?
The property is located at 1806 College Hills Blvd San Angelo, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 1,215 SF retail space for restaurant or retail concepts; Zoned CN - Neighborhood Commercial; 1806 College Hills Blvd, San Angelo, TX 76904
