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Highway-Fronted Flex Warehouse

11760 Nursery Drive Victoria, TX 77904

11760 Nursery Drive, Victoria, TX, 77904
$250,000
For Sale
$250,000

COMMERCIAL - Victoria, TX

Property Size2,160 SF
Lot Size1.44 Acres
Price / SF$115.74
Days on Market276

Property Features for 11760 Nursery Drive

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
31141
Size
2,160 SF
Lot size
1.44 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
00760 S DE LEON ABST 76 TRACT 98, ACRES .75
Tax Annual Amount
2886

Utilities

Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Private, Well

Building Details

Year built
1974
Floors in Building
1
Flooring type
Concrete, Carpet
Building materials
Masonry, MetalSiding
Listing agency Shaw Realty
Listed by Kari Weiser · License #0681267
Added: Oct 20, 2025 Updated: Jul 11 at 10:34AM Checked: Jul 22 at 11:06PM
MLS# 595222

Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Located at 11760 Nursery Drive in Victoria, TX, this highway-fronted commercial property offers 1.44 acres of land with a 2,160 SF building. The existing improvements provide flexibility for a range of uses, including bar, event venue, retail space, or warehouse operations, as described in the listing materials.

The site is positioned right off a major highway and includes an ample parking area and open land, supporting day-to-day operations and potential outdoor use. An established fireworks stand lease is included, providing an additional income component alongside the owner-operator opportunity.

Overall, the property’s combination of highway frontage, a dedicated building footprint, and room for future expansion makes it a straightforward fit for buyers looking for versatile commercial space on a sizable lot.

Key Highlights

  • 1.4‑acre commercial property with highway frontage and easy access
  • 2,160 sq. ft. building suitable for bar, event venue, retail, or warehouse use
  • Established fireworks stand lease included for additional income potential

Local Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $25.9k $12.00
− Vacancy −$2.6k −$1.20
EGI $23.3k $10.80
− OpEx −$8.2k −$3.78
NOI $15.2k $7.02
2,160 SF · lease $12.00/SF/yr · vacancy 10.00% · expense 35.00%

Alternative Uses

Best Use
Retail
$445.9K
$390.1K – $520.2K (±1% cap)
NOI $31,211 @ 7.0% cap · market cap 12.48%
Second Best
Flex RnD
$216.6K
$189.5K – $252.7K (±1% cap)
NOI $15,163 @ 7.0% cap · market cap 6.07%
Theoretical Best
Multifamily LT 5
$23.73M
$20.76M – $27.68M (±1% cap)
NOI $1,661,090 @ 7.0% cap · market cap 664.44%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Luckys Gameroom Arcade & Gaming Center

Suggested Use

Storage Facility Auto Repair Shop Restaurant Veterinary Clinic (Bike/Boat/Book/etc) Store Hotel & Motel Arcade & Gaming Center Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - Highway-fronted commercial property with a 2,160 SF building on 1.44 acres, plus an included fireworks stand lease.
Where is this flex space located?
The property is located at 11760 Nursery Drive Victoria, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1.4‑acre commercial property with highway frontage and easy access; 2,160 sq. ft. building suitable for bar, event venue, retail, or warehouse use; Established fireworks stand lease included for additional income potential
Contact an agent
More about this property
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