Property profile

4384 Sherwood Way San Angelo, TX 76901

OFF-MARKET
Turn key restaurants
Property ID
US82-6878874
7,999 SF 1.78 ac lot Built 2018
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 8,082-square-foot retail property, located at 4384 Sherwood Way in San Angelo, Texas, 76901, presents a unique investment opportunity. The property, a single-tenant building on a 1.56-acre lot, was fully renovated in 2018 to the latest Hooters concept. The building boasts a single story and offers ample parking with 134 spaces. Its prime location benefits from high visibility and significant daily traffic exceeding 19,000 vehicles. The site enjoys exceptional proximity to major retailers, including Cinemark, Target, Home Depot, Tractor Supply, Hobby Lobby, and Lowe's, ensuring consistent foot traffic and brand recognition. Furthermore, its location approximately two miles from Angelo State University, with its substantial student population of around 10,000, provides a large potential customer base. The entire 8,082 square feet is currently vacant, offering a blank canvas for a new tenant or the opportunity to reposition the property for a different use. This property is an ideal investment for those seeking a high-traffic, well-located retail space in a thriving Texas market. The property's recent renovation ensures immediate occupancy and minimal capital expenditure requirements.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2018
Total area 7,999 SF
Lot 1.78 ac (77,667 SF)
APN 22-40050-0002-006-00
UPID US82-6878874

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering
  • Restaurant

Location

4384 Sherwood Way San Angelo, TX 76901-5615
San Angelo metro Census 1101 SAN ANGELO, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$675k

Owner & transaction history

since 2019
4 recorded transactions
2019
Price N/A
2015
Price N/A
2013
Price N/A
2006
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $935,000 +6.9%
Commercial (general) $885,000 +1.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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