2715 Chadbourne StSan Angelo, TX 76903

  • Warehouses
  • 2,400 SF
For Sale
$225,000 View listing

Property Details for 2715 Chadbourne St

Year built
1931
Lot size
0.26 AC
Property size (Sq ft)
2,400 SF
Property type
Warehouses
APN
38-00112-0049-000-00
APU
3800112004900000

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $573,771
    Hospitality
    $525,571
    Educational
    $437,269
    Medical
    $452,307
    Retail
    $680,196

Location Insight

City
San Angelo
County
Tom Green
State
Texas
Latitude
31.4872
Longitude
-100.453
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
$1,698
$61,360
$24,000
$85,360
-
$61,360
$24,000
$85,360

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