Fully Remodeled Office/Warehouse
506 E Rosebud Avenue Victoria, TX 77901
For Sale
Under Contract
$499,900
COMMERCIAL - Victoria, TX
Property Size5,477 SF
Lot Size0.30 Acres
Price / SF$91.27
Days on Market23
Property Features for 506 E Rosebud Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Garage, Special Needs
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active Under Contract
- APN
- 20419394
- Size
- 5,477 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CRESTWOOD SOUTH ADD RESUBD NO 6, BLOCK C, LOT 2R
- Tax Annual Amount
- 1865
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1955
- Floors in Building
- 1
- Flooring type
- Concrete
- Building materials
- MetalFrame, MetalSiding
- Roof type
- Metal
Listing Agency:
The Ron Brown Company
(361) 575-1446
Listed By:
Jake Truss · License #0730168
(361) 550-7878
Added: Jul 3
Changed: Jul 14
Last Checked: Jul 25 at 10:06PM
MLS# 618653
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.
This fully remodeled flex property was taken back to the metal framing and rebuilt from the ground up. The improvements include updated plumbing and electrical, spray foam insulation, a metal roof, and metal siding. Interior finishes feature newly painted walls, flake epoxy floors, and modern fixtures, with an adaptable layout that currently includes multiple offices and space that can be customized further. The property also includes two bathrooms, including a full bath with a tiled shower, plus an attached climate-controlled warehouse served by two overhead doors.
The property is located directly off Navarro (Business Hwy 77) in Victoria, TX, at 506 E Rosebud Avenue. Parking is available with over 20 spaces, supporting convenient customer and employee access.
Previously used by a graphic design firm, the current setup supports move-in readiness for office use and can accommodate other uses depending on the tenant’s requirements.
The property is located directly off Navarro (Business Hwy 77) in Victoria, TX, at 506 E Rosebud Avenue. Parking is available with over 20 spaces, supporting convenient customer and employee access.
Previously used by a graphic design firm, the current setup supports move-in readiness for office use and can accommodate other uses depending on the tenant’s requirements.
Key Highlights
- Fully remodeled commercial building with 5,477 SF, rebuilt from the ground up to metal framing
- Modern infrastructure updates including plumbing, electrical, central HVAC, and spray foam insulation
- Metal roof and metal siding with concrete floors and newly painted walls throughout
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 | $65.7k | $12.00 |
| − Vacancy | −$6.6k | −$1.20 |
| EGI | $59.2k | $10.80 |
| − OpEx | −$20.7k | −$3.78 |
| NOI | $38.4k | $7.02 |
5,477 SF · lease $12.00/SF/yr · vacancy 10.00% · expense 35.00%
Alternative Uses
Best Use
Office B
$1.31M
$1.15M – $1.53M
NOI $91,614 @ 7.0% cap · market cap 18.33%
Second Best
Flex RnD
$549.3K
$480.6K – $640.8K
NOI $38,449 @ 7.0% cap · market cap 7.69%
Theoretical Best
Multifamily LT 5
$60.17M
$52.65M – $70.20M
NOI $4,211,940 @ 7.0% cap · market cap 842.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar Off Market Nearby
- MAMA CHELA ANTOJITOS Y MAS — 1604 E Crestwood Dr, Victoria, TX 77901
FAQs
What type of property is this?
Flex space - Turn-key flex property features office space, two bathrooms, a climate-controlled warehouse, and two overhead doors.
Where is this flex space located?
The property is located at 506 E Rosebud Avenue Victoria, TX.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Fully remodeled commercial building with 5,477 SF, rebuilt from the ground up to metal framing; Modern infrastructure updates including plumbing, electrical, central HVAC, and spray foam insulation; Metal roof and metal siding with concrete floors and newly painted walls throughout
