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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3301 Sherwood Way San Angelo, TX 76901-3528

    • Grocery and convenience stores
    • 81,900 SF
    • 10.69 lot acres
    OFF-MARKET
    Value Estimations
    $8,760,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-6784371
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Cardtronics ATM / Atm
    • Coinstar Kiosk | Bitcoin ATM / Atm / Currency Exchange Service
    • Additech / Alternative Fuel Station
    • H-E-B Curbside Pickup & Grocery Delivery / Grocery Delivery Service
    • Coin Cloud Bitcoin ATM / Atm / Currency Exchange Service

    Property Details for 3301 Sherwood Way

    Year built
    1964
    Lot size
    10.69 lot acres
    Property size
    81,900 SF
    Property type
    Grocery and convenience stores
    APN
    14-26050-0001-000-00
    APU
    1426050000100000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $8,238,000
      Market price range: $4.41M - $12.2M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $8,600,000
      Current use
      AUTO REPAIR, GARAGE
      $9,575,000
      Change: +11% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $9,075,000
      Change: +5% Conversion: Easy
      RESTAURANT
      $8,960,000
      Change: +4% Conversion: Easy
      MEDICAL BUILDING
      $7,805,000
      Change: -9% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Angelo
    County
    Tom Green
    State
    Texas
    Longitude
    -100.479
    Latitude
    31.4442
    CBSA code
    41660
    CBSA name
    SAN ANGELO, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $105,439
    $1,866,290
    $3,433,710
    $5,300,000
    -
    $1,866,290
    $3,433,710
    $5,300,000

    Comparable in this City

    • Value Estimation
      $5,310,000
      43,480 SF

      1852 Sherwood Way

      GROCERY, SUPERMARKET • 43,480 SF
      1852 Sherwood Way, San Angelo, TX 76901-3960
      View Details
    • Value Estimation
      $11,215,000
      93,987 SF

      5502 Sherwood Way

      GROCERY, SUPERMARKET • 93,987 SF
      5502 Sherwood Way, San Angelo, TX 76901-5609
      View Details
    • Value Estimation by Request
      1,360 SF

      1504 Beauregard Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,360 SF
      1504 Beauregard Ave, San Angelo, TX 76901-4005
      View Details
    • Value Estimation by Request
      1,691 SF

      2211 Beauregard Ave, Unit 20

      RETAIL STORES (PERSONAL SERVICES) • 1,691 SF
      2211 Beauregard Ave, San Angelo, TX 76901-3701
      View Details
    • Value Estimation by Request
      1,080 SF

      111 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 1,080 SF
      111 Washington St, San Angelo, TX 76901-4160
      View Details
    • Value Estimation by Request
      139 SF

      2130 Beauregard Ave, Unit 3A

      RETAIL STORES (PERSONAL SERVICES) • 139 SF
      2130 Beauregard Ave, San Angelo, TX 76901-3815
      View Details

    Similar Nearby for Sale

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      San Angelo Commercial Open Space

      Versatile 2,940 SF commercial building near downtown San Angelo.
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    • $500,000
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      Village Shopping Center Retail Space

      Large retail space in the Village Shopping Center.
      2200-2230 W Beauregard Ave, San Angelo, TX 76901
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    • $130,000
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      San Angelo Corner Lot Opportunity

      High-visibility commercial property suitable for business or warehouse use.
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    • New
      $275,000
      3,082 SF

      Versatile Commercial Building in San Angelo

      Adaptable commercial building suitable for various businesses or residential conversion.
      1823 Freeland Ave, San Angelo, TX 76901
      View Details
    • $1,500,000
      14,580 SF

      High-Traffic Commercial Building in San Angelo

      14,970 sq ft commercial building in a dynamic location.
      20 Howard St, San Angelo, TX 76901
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    • $2,350,000
      15,998 SF

      Sherwood Way Retail/Showroom Property

      Prime retail/showroom property with high visibility and ample parking.
      4248-4258 Sherwood Way, San Angelo, TX 76901
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      5,000 SF

      Retail Space Near HEB Grocery

      Retail space available adjacent to HEB Grocery Store.
      3329 Sherwood Way, San Angelo, TX 76901
      View Details
    • $5,000 /Mo
      7,020 SF

      High Traffic Retail Location

      Retail space for lease in San Angelo, Texas.
      4230 Sherwood Way, San Angelo, TX 76901
      View Details
    • $7 SF/Yr
      19,177 SF

      Remodeled Retail Building Near H-E-B

      Remodeled retail space with flexible layout in a prime location.
      3315 Sherwood Way, San Angelo, TX 76901
      View Details
    • $13 SF/Yr
      3,592 SF

      San Angelo Retail Space Available

      Retail space available for lease in San Angelo, Texas.
      3732 Sherwood Way, San Angelo, TX 76901
      View Details
    • $14 SF/Yr
      1,042 SF

      Retail Space on Sherwood Way

      Retail space available for lease on Sherwood Way.
      3204 Sherwood Way, San Angelo, TX 76901
      View Details
    • $30 SF/Yr
      1,025 SF

      Retail Space in Sherwood Center

      1,025 SF retail space in a busy shopping center.
      4518 Sherwood Way, San Angelo, TX 76901
      View Details

    Property Visit Statistics

    • Visits by month
      178.1k
    • Visitors by month
      72.6k
    • Avg Time on site
      25 min
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    San Angelo, TX 76901-3528
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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