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    Property profile & analytics

    620 S Bell St San Angelo, TX 76903

    • Warehouses
    • 6,450 SF
    • 3.03 lot acres
    For Sale
    View listing
    $590,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-6776226
    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

    • Cisco Equipment Rentals, LLC / Construction Equipment Supplier / Equipment Rental Agency
    • San angelo tractor / Store
    • San Angelo Services / Telephone Exchange

    Property Details for 620 S Bell St

    Year built
    1959
    Lot size
    3.03 lot acres
    Property size
    6,450 SF
    Property type
    Warehouses
    APN
    25-45500-0001-001-00
    APU
    2545500000100100

    Description

    This exceptional commercial property presents a unique investment opportunity in San Angelo, Texas. Located at 620 S Bell St, this mixed-use property boasts a total of 10,608 square feet of space, ideally suited for businesses needing substantial storage and office areas. The property comprises two buildings constructed in 1946 and sits on a generous 2.11-acre lot, offering ample room for expansion or outdoor operations. The zoning is designated CH/CG, providing flexibility for various commercial uses. The asking price is $750,000. This prime location enjoys high visibility, with daily traffic exceeding 10,000 vehicles, ensuring excellent exposure for your business. The property's substantial size and versatile zoning make it an attractive option for a wide range of commercial enterprises seeking a well-established presence in a thriving Texas market. The property's age offers potential for renovation and customization to meet specific business needs. This is a rare opportunity to acquire a significant commercial property in a desirable location at a competitive price. The property is offered for sale by owner. The zip code is 76903, and the property is located in Tom Green County.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $670,000
      6.5%
      $620,000
      7%
      $575,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $723,000
      Market price range: $259k - $724k

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $500,000
      Current use
      OFFICE BUILDING
      $1,050,000
      Change: +111% Conversion: Difficult
      RESTAURANT
      $885,000
      Change: +77% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $860,000
      Change: +72% Conversion: Easy
      COMMERCIAL (GENERAL)
      $830,000
      Change: +67% Conversion: Difficult
      RETAIL STORES
      $815,000
      Change: +63% Conversion: Moderate
      MEDICAL BUILDING
      $615,000
      Change: +23% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $445,000
      Change: -11% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    San Angelo
    County
    Tom Green
    State
    Texas
    Longitude
    -100.412
    Latitude
    31.4741
    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
    $13,130
    $395,960
    $264,040
    $660,000
    -
    $395,960
    $264,040
    $660,000

    Comparable in this City

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      306 Chadbourne St

      WAREHOUSE, STORAGE • 5,100 SF
      306 Chadbourne St, San Angelo, TX 76903
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      2714 Chadbourne St

      WAREHOUSE, STORAGE • 990 SF
      2714 Chadbourne St, San Angelo, TX 76903-2507
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      2718 Chadbourne St

      WAREHOUSE, STORAGE • 2,028 SF
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      3213 Chadbourne St

      WAREHOUSE, STORAGE • 2,220 SF
      3213 Chadbourne St, San Angelo, TX 76903-2349
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      143 SF

      San Angelo, TX 76903

      WAREHOUSE, STORAGE • 143 SF
      San Angelo, TX 76903
      View Details

    Similar Nearby for Sale

    • $525,000
      8,620 SF

      West Texas Warehouse: Prime Location

      8,620 SF Warehouse - San Angelo, TX
      1212 Bell St, San Angelo, TX 76903
      View Details
    • $529,000
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      San Angelo Commercial Property For Sale

      Commercial property featuring office space and two warehouses in San Angelo.
      2122 N Chadbourne St, San Angelo, TX 76903
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    • $750,000
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      San Angelo Warehouse - $750K

      Versatile Warehouse, 10,608 SF, 2.1 Acres
      620 Bell St, San Angelo, TX 76903
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    • $5,950,000

      San Angelo Warehouse Investment Opportunity

      Single-tenant warehouse on 13 acres with long-term NNN lease.
      234 Avenue L W, San Angelo, TX 76903
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    • $399,000
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      San Angelo Warehouse For Sale

      Large warehouse with great visibility and ample parking.
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    • $590,000
      10,608 SF

      Versatile Commercial Property in San Angelo

      Over 10,000 sq ft on 2.1 acres.
      620 S Bell St, San Angelo, TX 76903
      View Details

    Similar Nearby for Lease

    • $6,800 /Mo
      11,769 SF

      Warehouse with Fenced Yard

      Warehouse with office space and fenced yard for lease.
      4105 S Chadbourne St, San Angelo, TX 76903
      View Details
    • $5,000 /Mo
      1,400 SF

      San Angelo Commercial Yard For Lease

      Fenced yard with office and multi-purpose buildings for lease.
      2901 W Fm 2105, San Angelo, TX 76903
      View Details
    • $4,500 /Mo
      4,727 SF

      San Angelo Commercial Property For Lease

      Commercial property featuring office and warehouse spaces available for lease.
      2122 N Chadbourne St, San Angelo, TX 76903
      View Details
    • $4,500 /Mo
      6,378 SF

      San Angelo Commercial Space Available

      Large commercial building with multiple bay doors for rent.
      2421 Chadbourne St, San Angelo, TX 76903
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    • $1,200 /Mo
      1,000 SF

      San Angelo Workshop for Lease

      Secure workshop ideal for contractors with shelving and alley access.
      28 E Harris Ave, San Angelo, TX 76903
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    • $1,400 /Mo
      1,200 SF

      Turn Key Retail/Office Space

      Recently renovated retail/office space available for lease.
      1705 W Beauregard Ave, San Angelo, TX 76903
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    620 S Bell St
    San Angelo, TX 76903
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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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