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Property profile & analytics
OFF-MARKET
Neighborhood centers

111 Paint Rock Rd San Angelo, TX 76903

15,793 SF Built 1962
Property ID
Property summary
AI-generated overview

Glenmore Shopping Center, located at 111 Paint Rock Rd, San Angelo, TX 76903, presents a unique investment opportunity. This single-story, 15,793 square foot retail strip center, built in 1962, offers excellent visibility at a signalized intersection. Currently, there are eight suites available, with four spaces immediately available ranging from 439 to 1,810 square feet. The minimum divisible space is 1,354 square feet, and the maximum contiguous space is 1,810 square feet. A total of 3,164 square feet is currently vacant. The property features ample parking with 50 spaces and is situated in the Texas West Area of Tom Green County, offering convenient access to the Goodfellow Air Force Base and the heart of San Angelo. This property is under new ownership and is poised for renovations, presenting a prime opportunity for businesses to establish themselves in a revitalized center. The property is classified as a retail strip center, also suitable for salons.

Property profile
Verified
Property type Neighborhood centers
Year built 1962
Total area 15,793 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Madison's Avenue Home Decor Store (Bike/Boat/Book/etc) Store
  • Rocket Web Services Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Rm Ford Construction Construction Company General Contractor
  • Glenmore Shopping Center Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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