Multi-Tenant Flex Property with
For Sale
Contact for pricing
2702 Sherwood Way, San Angelo, TX 76901
Five-unit property combines retail/office and warehouse space, with most suites featuring individual restrooms and separate electric meters.
Property Size8,550 SF
Price / SF$43.86
Days on Market141
Property Features for 2702 Sherwood Way
General Information
Standard status
Active
Size
8,550 SF
Class
C
Property subtype
Industrial, Mixed Use, Office, Retail
Zoning
General/Heavy Commercial
Occupancy
60%
Lease Type
Gross
Investment Type
Value Add
Net Operating Income
$29,265
Building Details
Year Built
1958
Year Renovated
2017
Units
5
Tenancy
Multi
Listing Agency:
Steve Eustis Co Reators
Listed By:
Brandon Sanders · License #TX 506516
(915) 942-6533
Source:
Crexi
Added: Apr 20
Changed: Aug 31
Last Checked: Sep 7 at 2:59AM
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 Steve Eustis Co Reators
Investment Insights
Based on property information with market context.
This multi-tenant commercial property is configured into five units totaling approximately 8,550 SF, with a mix of retail/office and warehouse space. The retail/office component totals approximately 4,550 SF, and the warehouse component totals approximately 4,000 SF. Three units are currently leased, one unit is owner-occupied, and one unit is available for lease. Current tenants include Freeway Insurance (973 SF), TMC Collision and Hail Repair (1,800 SF), and Dream Shack Toys & Collectables (2,422 SF).
All suites, except the owner’s unit, are equipped with individual restrooms and separate electric meters, supporting tenant convenience and operational flexibility.
The offering is presented as value-add, with projected income based on conservative assumptions, including a 10% vacancy factor and an approximate 7.8% projected return. Targeted renovations and lease optimization are described as the path to long-term yield growth.
All suites, except the owner’s unit, are equipped with individual restrooms and separate electric meters, supporting tenant convenience and operational flexibility.
The offering is presented as value-add, with projected income based on conservative assumptions, including a 10% vacancy factor and an approximate 7.8% projected return. Targeted renovations and lease optimization are described as the path to long-term yield growth.
Key Highlights
- 8,550 SF, five‑unit multi‑tenant commercial property built in 1958 with retail/office and warehouse space
- Configured as ~4,550 SF retail/office and 4,000 SF warehouse; 3 units leased, 1 owner‑occupied, and 1 unit available for lease
- Tenant mix includes Freeway Insurance (973 SF), TMC Collision and Hail Repair (1,800 SF), and Dream Shack Toys & Collectables (2,422 SF)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
788
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76901, TX
31,084
Population
13,783
Households
2.3
Avg Household Size
37
Median Age
23%
College-Educated
88%
High-School Grad
346.0 sq mi
ZIP Area
90
Density / Sq Mi
$64,542
Median Household Income
$35,343
Median Earnings
$1,188
Median Rent
$169,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Five-unit property combines retail/office and warehouse space, with most suites featuring individual restrooms and separate electric meters.
Where is this flex space located?
The property is located at 2702 Sherwood Way San Angelo, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 8,550 SF, five‑unit multi‑tenant commercial property built in 1958 with retail/office and warehouse space; Configured as ~4,550 SF retail/office and 4,000 SF warehouse; 3 units leased, 1 owner‑occupied, and 1 unit available for lease; Tenant mix includes Freeway Insurance (973 SF), TMC Collision and Hail Repair (1,800 SF), and Dream Shack Toys & Collectables (2,422 SF)
