Flex Space With
For Sale
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914-918 Arroyo St, San Angelo, TX 76903
Flexible commercial space combines customer-facing display areas, offices, warehouse functions, and outdoor storage capacity.
Property Size7,500 SF
Lot Size0.55 Acres
Price / SF$93.33
Days on Market149
Property Features for 914-918 Arroyo St
General Information
Standard status
Active
Size
7,500 SF
Lot size
0.55 Acres
Property subtype
INDUSTRIAL
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
19 ft
Warehouse Space
3,250 SF
Drive-In Doors
2
Building Details
Buildings
1
Stories
2
Building Size
7,500 SF
Tenancy
Single
Listing Agency:
Steve Eustis Co
(325) 653-1489
Listed By:
Brandon K Sanders · License #506516
(325) 374-1105
Source:
Moodyscre
Added: May 12
Changed: Oct 6
Last Checked: Oct 5 at 7:34PM
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
Investment Insights
Based on property information with market context.
This flex property combines showroom, office, warehouse, and outdoor storage components within 7,500 SF of improvements on 0.55 acres. The ground floor contains a 1,750 SF customer-facing showroom with an open retail arrangement, grid ceiling, built-in shelving, and an order desk. A 3,250 SF warehouse area occupies the rear and includes approximately 19’ center height and two 12’ x 14’ overhead doors.
The 2,500 SF second level provides three private offices, restroom facilities, and open mezzanine space supported by concrete decking. Exterior improvements include a fenced rear storage area and an adjoining caliche yard suitable for equipment, vehicles, or outdoor inventory. The configuration supports showroom sales, service operations, contracting, light distribution, and warehouse use.
The 2,500 SF second level provides three private offices, restroom facilities, and open mezzanine space supported by concrete decking. Exterior improvements include a fenced rear storage area and an adjoining caliche yard suitable for equipment, vehicles, or outdoor inventory. The configuration supports showroom sales, service operations, contracting, light distribution, and warehouse use.
Key Highlights
- 7,500 SF of total improvements on 0.55 acres
- 1,750 SF front showroom with built‑in shelving, grid ceiling, and order desk
- 3,250 SF warehouse with approximately 19’ center height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,528
Cap Rate
7.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,070,560
$1.1M
Cap Rate 7%
$764,686
$764.7K
Cap Rate 9%
$594,756
$594.8K
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$90.0K $12.00/SF
− Vacancy
−$7.7K −$1.02/SF
EGI
$82.4K $10.98/SF
− OpEx
−$28.8K −$3.84/SF
NOI
$53.5K $7.14/SF
Area
Tom Green County, TX
Vacancy
8.50%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,070,560
Cap Rate 7%
$764,686
Cap Rate 9%
$594,756
Alternative Uses
Best Use
Office B
$1.45M
$1.27M – $1.69M
NOI $101,250 @ 7.0% cap · market cap 14.46%
Second Best
Retail
$1.44M
$1.26M – $1.68M
NOI $100,674 @ 7.0% cap · market cap 14.38%
Theoretical Best
Multifamily LT 5
$5.74M
$5.02M – $6.70M
NOI $401,890 @ 7.0% cap · market cap 57.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
19 ft
Clear height
2
Drive-in doors
Single-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
509
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76903, TX
32,215
Population
14,169
Households
2.3
Avg Household Size
37
Median Age
16%
College-Educated
78%
High-School Grad
25.0 sq mi
ZIP Area
1,289
Density / Sq Mi
$49,045
Median Household Income
$33,077
Median Earnings
$1,051
Median Rent
$115,900
Median Home Value
Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- The Plated Dish — 2005 Knickerbocker Rd, San Angelo, TX 76904
Frequently Asked Questions
What type of property is this?
Flex space - Flexible commercial space combines customer-facing display areas, offices, warehouse functions, and outdoor storage capacity.
Where is this flex space located?
The property is located at 914-918 Arroyo St San Angelo, TX.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 7,500 SF of total improvements on 0.55 acres; 1,750 SF front showroom with built‑in shelving, grid ceiling, and order desk; 3,250 SF warehouse with approximately 19’ center height
