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    5651 Sherwood Way San Angelo, TX 76904
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    Property profile & analytics

    5651 Sherwood Way San Angelo, TX 76904

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    • Super regional malls
    • 5,712 SF
    • 0.95 lot acres
    For Sale
    $3,966,000
    View Listing →
    Fully Occupied Retail Investment Property For Sale
    $3,966,000
    5,786 SF

    Fully Occupied Retail Investment Property

    Retail property with strong tenants near Walmart and H-E-B.

    5651 Sherwood Way, San Angelo, TX 76904
    View Listing
    Property ID
    US82-6846026
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Crumbl - San Angelo / Bakery / Specialty Food Shop
    • Stanton Optical / Physician
    • myeyelab / Eye Care Center
    • Dixie Offshore Towing´s CO / Auto Parts Store
    • Starbucks / Cafe & Coffee Shop

    Property Details for 5651 Sherwood Way

    Year built
    2018
    Lot size
    0.95 lot acres
    Property size
    5,712 SF
    Property type
    Super regional malls
    Property subtype
    Shopping centers
    APN
    08-21925-0001-002-00
    APU
    821925000100200

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $865,000
      AUTO REPAIR, GARAGE
      $710,000
      COMMERCIAL (GENERAL)
      $645,000

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

    Location Insight

    • Map
    • Local Demand
    City
    San Angelo
    County
    Tom Green
    State
    Texas
    Longitude
    -100.512
    Latitude
    31.4273
    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
    $23,532
    $282,650
    $976,820
    $1,259,470
    -
    $282,650
    $976,820
    $1,259,470

    Comparable in this City

    • Value Estimation
      $3,515,000
      23,128 SF

      4225 Sunset Dr

      REGIONAL SHOPPING CENTER, MALL • 23,128 SF
      4225 Sunset Dr, San Angelo, TX 76904-5653
      View Details
    • Value Estimation
      $13,015,000
      91,978 SF

      4157 Sunset Dr

      REGIONAL SHOPPING CENTER, MALL • 91,978 SF
      4157 Sunset Dr, San Angelo, TX 76904-5615
      View Details
    • Value Estimation
      $3,250,000
      132,912 SF

      5301 Sherwood Way

      WHOLESALE OUTLET, DISCOUNT STORE • 132,912 SF
      5301 Sherwood Way, San Angelo, TX 76904-9703
      View Details
    • Value Estimation
      $2,700,000
      66,310 SF

      4235 Sunset Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 66,310 SF
      4235 Sunset Dr, San Angelo, TX 76904-5653
      View Details
    • Value Estimation
      $935,000
      30,944 SF

      4002 Sunset Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 30,944 SF
      4002 Sunset Dr, San Angelo, TX 76904-5620
      View Details
    • Value Estimation
      $875,000
      15,000 SF

      2031 Loop 306

      WHOLESALE OUTLET, DISCOUNT STORE • 15,000 SF
      2031 Loop 306, San Angelo, TX 76904-6855
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,500 SF

      Retail Space on Sunset Drive

      Retail space available for sale on Sunset Drive.
      4152 Sunset Dr, San Angelo, TX 76904
      View Details
    • $285,000
      0.65 Acres

      San Angelo Commercial Land Opportunity

      Commercial land suitable for various business ventures in San Angelo.
      Melrose Ave, San Angelo, TX 76904
      View Details
    • Contact for pricing
      1,215 SF

      Retail or Restaurant Opportunity

      Unique location suitable for retail or restaurant businesses.
      1806 College Hills Blvd, San Angelo, TX 76904
      View Details
    • $285,000
      0.65 Acres

      San Angelo Commercial Land Available

      Commercial land suitable for various business ventures in San Angelo.
      Melrose Ave, San Angelo, TX 76904
      View Details
    • $1,200,000
      10,788 SF

      Corner Warehouse in San Angelo

      Fully leased corner warehouse generating income in San Angelo, Texas.
      4020 Sul Ross St, San Angelo, TX 76904
      View Details
    • $285,000
      0.65 Acres

      San Angelo Commercial Development Land

      Prime commercial land for development in San Angelo, Texas.
      Melrose Ave, San Angelo, TX 76904
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      11,918 SF

      Retail Space in High-Traffic Area

      11,918 SF retail space in busy San Angelo corridor.
      4151 Sunset Dr, San Angelo, TX 76904
      View Details
    • Contact for pricing
      4,767 SF

      Restaurant/Retail Space Available For Rent

      Equipped space suitable for restaurant or retail businesses.
      3367 Knickerbocker Rd, San Angelo, TX 76904
      View Details
    • $1,500 /Mo
      1,100 SF

      Updated Corner Commercial Suite

      Newly updated commercial suite at a highly visible corner location.
      2312 Avenue W, San Angelo, TX 76904
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space Available For Lease

      3,000 square feet retail space for lease.
      4241 Southwest Blvd, San Angelo, TX 76904
      View Details
    • Contact for pricing
      2,970 SF

      Retail Space with Glass Frontage

      Retail space featuring approximately 71' of glass frontage.
      4112-4126 Sunset Dr, San Angelo, TX 76904
      View Details
    • $16 SF/Yr
      1,400 SF

      Retail Space Available For Lease

      Retail space available for lease in San Angelo, Texas.
      4802 Southland Blvd, San Angelo, TX 76904
      View Details

    Property Visit Statistics

    • Visits by month
      40.0k
    • Visitors by month
      22.9k
    • Avg Time on site
      11 min
    View Listing
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    San Angelo, TX 76904
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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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