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Corner Warehouse Investment

4020 Sul Ross Street San Angelo, TX 76904

4020 Sul Ross Street, San Angelo, TX, 76904
$1,200,000
For Sale
$1,200,000

COMMERCIAL - San Angelo, TX

Property Size10,788 SF
Lot Size0.95 Acres
Price / SF$111.23
Days on Market138

Property Features for 4020 Sul Ross Street

General Information

Property type
Commercial Sale
Property subtype
Retail
Zoning
commercial
Parking features
Parking Lot
Fencing
Fenced
Standard status
Active
APN
24-44700-0001-011-20
Size
10,788 SF
Lot size
0.95 Acres

Utilities

Heating system
Radiant, Electric (Heating)

Building Details

Year built
1984
Floors in Building
1
Flooring type
Concrete
Building materials
Concrete
Roof type
Metal
Listing Agency ERA Newlin & Company
1722 W Ave N, SAN ANGELO, TX
Listed by Rusty Bartholomeo · License #0714849
Added: Mar 4 Updated: Jun 4 at 7:04 am Checked: Jul 20 at 8:06 pm
MLS# 130261

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 corner warehouse is offered for sale as a fully leased, income-producing property. The building totals 10,788 square feet and sits on a 0.946-acre lot, providing a compact footprint for an owner looking for an operating asset rather than new construction.

The property is located at 4020 Sul Ross Street in San Angelo, Texas, at the intersection of Sunset and Sul Ross. Zoning is listed as commercial, and the corner positioning supports straightforward site access for the current tenant.

With the space already leased, this offering is designed for investors or buyers who want a turnkey industrial asset with an established tenant in place. For prospective purchasers and brokers, the best next step is to schedule a showing and request additional listing information to review lease details and confirm suitability for your acquisition goals.

Key Highlights

  • 10,788 SF corner warehouse at Sunset and Sul Ross
  • Fully leased property
  • Built in 1984

Local Financial Insights For Warehouse

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 $86.7k $8.04
− Vacancy −$7.4k −$0.68
EGI $79.4k $7.36
− OpEx −$11.9k −$1.10
NOI $67.5k $6.25
10,788 SF · lease $8.04/SF/yr · vacancy 8.50% · expense 15.00%

Alternative Uses

Best Use
Retail
$2.07M
$1.81M – $2.41M (±1% cap)
NOI $144,809 @ 7.0% cap · market cap 12.07%
Second Best
Warehouse
$963.7K
$843.2K – $1.12M (±1% cap)
NOI $67,459 @ 7.0% cap · market cap 5.62%
Theoretical Best
Multifamily LT 5
$8.26M
$7.23M – $9.63M (±1% cap)
NOI $578,078 @ 7.0% cap · market cap 48.17%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

DesignStein LLC Research And Product Development BoatBilgeHeaters.com Industrial Manufacturer

Suggested Use

Law Firm Parking Lot & Garage Food Market Hair Salon Electrical Service Barber Shop HVAC Service (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Green Meadow Storage — 3115 W 306 Loop, San Angelo, TX 76904
  • Sunset Storage — 1639 Sunset Drive, 1797 W. Loop #306, San Angelo, TX 76904
  • Southland Mini Warehouses — 2617 Southland Blvd, San Angelo, TX 76904
  • Sunset Storage Loop 306 — 1797 W 306 Loop, San Angelo, TX 76904
  • Southland Mini Warehouses — blue ridge trail, san angelo, tx 76904

FAQs

What type of property is this?
Warehouse - Currently fully leased corner warehouse suited for buyers seeking a turnkey industrial property.
Where is this warehouse located?
The property is located at 4020 Sul Ross Street San Angelo, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 10,788 SF corner warehouse at Sunset and Sul Ross; Fully leased property; Built in 1984
Contact an agent
More about this property
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