3029 Sherwood Way, San Angelo, TX 76901
COMMERCIAL - San Angelo, TX
- Added:
- Mar 4, 2026
- Days on Market:
- 115
- Last Refresh:
- Jun 27 at 5:06 pm
Property Features for 3029 Sherwood Way
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Parking
- 29
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 01-10600-0002-005-00
- Size
- 3,453 SF
- Lot size
- 0.50 Acres
Utilities
- Utilities
- Natural Gas Available
- Heating system
- Natural Gas, Forced Air, Central
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 1975
- Floors in Building
- 1
- Flooring type
- Tile
- Building materials
- Brick, Concrete
- Roof type
- Tar/Gravel
Listing agent Dawn Bliss License #0738682 (325) 812-6947
Listing office Keller Williams Synergy 2117 Knickerbocker, Abilene, TX (325) 292-0800
Listing date Mar 4, 2026
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.
HighLights
- Fully furnished restaurant with dining area and seating for up to 50 patrons
- State‑of‑the‑art kitchen with commercial‑grade appliances and equipment
- Traffic count over 14,000 vehicles per day
- On 0.517‑acre lot with 29+ parking spots and parking lot access
- Built in 1975 with brick and concrete construction and tile flooring
- Central heating and central air conditioning; natural gas available; tar/gravel roof
Overview
Located at 3029 Sherwood Way in San Angelo, Texas, the restaurant benefits from a reported traffic count of over 14,000 vehicles per day. The site includes 29+ parking spots on approximately 0.5 acres, supporting convenient guest access for lunch and dinner hours.
For restaurateurs, this format can reduce start-up friction by providing an operational layout, a furnished dining experience, and an equipped kitchen in place. The property’s parking capacity and vehicle-oriented location can support walk-in and drive-by demand, while the seating for up to 50 aligns well with a neighborhood or destination dining model that values a well-defined dining room and straightforward kitchen operations.
Local Financial Insights For Specialty 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 | $86.2k | $24.96 |
| − Vacancy | −$4.7k | −$1.37 |
| EGI | $81.4k | $23.59 |
| − OpEx | −$20.4k | −$5.90 |
| NOI | $61.1k | $17.69 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- San Angelo
- County
- Tom Green
- State
- Texas
- Longitude
- -100.477137
- Latitude
- 31.446363
