Corner Warehouse
For Sale
$1,200,000
4020 Sul Ross Street, San Angelo, TX 76904
Commercial Sale, San Angelo, TX
Property Size10,788 SF
Lot Size0.95 Acres
Price / SF$111.23
Days on Market126
Property Features for 4020 Sul Ross Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
commercial
Parking features
Parking Lot
Fencing
Fenced
Subdivision
College Hills
Standard status
Active
APN
R000102929
Size
10,788 SF
Lot size
0.95 Acres
Utilities
Heating system
Electric (Heating), Radiant
Building Details
Year built
1984
Floors in Building
1
Flooring type
Concrete
Building materials
Concrete
Roof type
Metal
Listing Agency:
ERA Newlin & Company · ERA Real Estate
(325) 481-0500
Listed By:
Rusty Bartholomeo · License #0714849
(325) 315-4513
Added: Jun 4
Changed: Aug 26
Last Checked: Oct 7 at 10:06AM
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 warehouse property contains 10,788 square feet on approximately 0.946 acres. Built in 1984, the improvements feature concrete construction, concrete flooring, a metal roof, electric and radiant heating, a parking lot, and perimeter fencing. The property is fully leased, providing an operating income component for the next owner.
Positioned at the corner of Sunset and Sul Ross, the site is identified as 4020 Sul Ross Street in San Angelo, Texas. Its commercial zoning and established warehouse configuration support continued use as an income-producing commercial property. Existing building systems and site improvements include dedicated parking, fencing, and a combination of electric and radiant heat.
Positioned at the corner of Sunset and Sul Ross, the site is identified as 4020 Sul Ross Street in San Angelo, Texas. Its commercial zoning and established warehouse configuration support continued use as an income-producing commercial property. Existing building systems and site improvements include dedicated parking, fencing, and a combination of electric and radiant heat.
Key Highlights
- 10,788‑square‑foot warehouse on 0.946 acres
- Fully leased commercial warehouse property
- Corner location at Sunset and Sul Ross
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,459
Cap Rate
5.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,349,180
$1.3M
Cap Rate 7%
$963,700
$963.7K
Cap Rate 9%
$749,544
$749.5K
Market Conditions
NOI Build-Up for 10,788 SF
Gross rent
$86.7K $8.04/SF
− Vacancy
−$7.4K −$0.68/SF
EGI
$79.4K $7.36/SF
− OpEx
−$11.9K −$1.10/SF
NOI
$67.5K $6.25/SF
Area
Tom Green County, TX
Vacancy
8.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,349,180
Cap Rate 7%
$963,700
Cap Rate 9%
$749,544
Alternative Uses
Best Use
Warehouse
$963.7K
$843.2K – $1.12M
NOI $67,459 @ 7.0% cap · market cap 5.62%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$8.26M
$7.23M – $9.63M
NOI $578,078 @ 7.0% cap · market cap 48.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,005
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - Concrete warehouse improvements with fenced parking and commercial zoning.
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‑square‑foot warehouse on 0.946 acres; Fully leased commercial warehouse property; Corner location at Sunset and Sul Ross
