For Sale
$225,000

2715 Chadbourne St San Angelo, TX 76903

Prime location, vacant warehouse, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
133
This vacant, 3,214 square foot Class C warehouse, located at 2715 N Chadbourne St, San Angelo, TX 76903, presents a compelling value-add investment opportunity. Priced at $225,000 ($70.01/sq ft), this property boasts a pro-forma cap rate of 14.26% and a pro-forma NOI of $32,088. Built in 1931, the property features two single-story buildings situated on an 11,238 square foot lot with Real Commercial zoning. Recent upgrades include electrical system improvements. The property offers convenient alley access, multiple driveways for efficient traffic flow, and a versatile front section ideal for office space. The absence of dock-high doors should be noted. This property is currently vacant, providing immediate occupancy for a new owner. Its prime location in San Angelo, Tom Green County, ensures excellent visibility and accessibility. The property's APN is 38-00112-0049-000-00. This is an exceptional opportunity for investors seeking a strong return on investment in a desirable location.

Highlights

  • High-visibility location in a desirable area.
  • Upgraded electrical systems for safety and efficiency.
  • Convenient alley access for deliveries.
  • Multiple driveways for easy access and traffic flow.
  • Versatile front section ideal for office use.

Property Details for 2715 Chadbourne St

Property type
Warehouses, Industrial properties
Square Feet
3,214 SF
Class
C
Year Built
1931
Buildings
2
Stories
1

Location Insight

City
San Angelo
County
Tom Green
State
Texas
Latitude
31.4872408
Longitude
-100.4533559

FAQs

What type of property is this?
Warehouse - Prime location, vacant warehouse, high ROI.
Where is the warehouse located?
The property is located at 2715 Chadbourne St San Angelo, TX.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: High-visibility location in a desirable area.; Upgraded electrical systems for safety and efficiency.; Convenient alley access for deliveries.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2715 Chadbourne St
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