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Property profile & analytics
FOR SALE
Retail space
315 N Chadbourne St San Angelo, TX 76903
Individually Owned
14-yr Hold
Free & Clear
Property ID
US82-7220506
For Sale
1 / 39
$999,999
315 N Chadbourne St, San Angelo, TX 76903
View Listing →
Property summary
AI-generated overview
This exceptional commercial property, located at 315 N Chadbourne St, San Angelo, TX 76903, presents a unique investment opportunity. Priced at $1,250,000, this almost 10,000 square foot building boasts a prime downtown location within the TIRZ Investment District, experiencing daily traffic counts of 8,000 to 10,000 vehicles. The property is a blend of historic charm and modern functionality. The front portion, approximately 4,000 square feet, dates back to circa 1905 and features original metal ceiling tiles (currently concealed by a drop ceiling), retail display windows, and office areas. An addition built in 1957 comprises nearly 6,000 square feet and houses a functional cabinet shop with a striking grand wooden arched ceiling. This versatile space also includes multiple bathrooms, an efficiency apartment, bay doors, a metal privacy gate at the Chadbourne Street entrance, and a security system. The property's adjacency to Hartman Roofing further enhances its visibility and accessibility. This property offers a rare combination of historical significance, substantial square footage, and a high-traffic location, making it ideal for a variety of commercial uses.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1957
Total area
9,750 SF
Lot
0.22 ac (9,714 SF)
APN
15-30410-0001-009-00
UPID
US82-7220506
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
-
Masters Cabinet Shop General Contractor Renovation Specialist
-
BEADazzled Creations (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$330k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$720k
Blend (final)
Blend
$525k
Owner & transaction history
Wen Shi Cao · 14 yrs held
Wen Shi Cao
since 2012
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs San Angelo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Angelo submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$330,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$525k
Range $473k – $578k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$54 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$6,845
Tax year 2024
Assessed value
$344,070
Assessed 2024
Previous assessed
$341,080
+0.9% YoY
Effective rate
1.99%
On assessed value
Assessed land
$97,220
Assessed improvement
$246,850
Land market value
$97,220
Improvement market value
$246,850
Total market value
$344,070
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1957
Heating
NONE
Total area
9,750 SF
Lot
0.22 ac (9,714 SF)
APN
15-30410-0001-009-00
UPID
US82-7220506
Jurisdiction
TOM GREEN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1957
Heating
NONE
Lot
0.22 ac
Current owner
From public records · entity-resolved
Wen Shi Cao
Individual
Free & Clear · 14 yrs held
Mailing address
315 N CAHABOURNE ST, SAN ANGELO, TX 76903
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 25, 2012
—
Wen Shi Cao
Larry W Wester
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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