Retail Warehouse Flex
For Sale
$3,500,000
5705 N Main Street, Victoria, TX 77904
COMMERCIAL - Victoria, TX
Property Size15,560 SF
Lot Size10.22 Acres
Price / SF$224.94
Days on Market209
Property Features for 5705 N Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Special Needs
Subdivision
Rosa Conti Sub
Lot features
Ten To Twenty Acres, City Lot, Level
Directions
Heading north on Main Street from downtown Victoria pass Mockingbird Lane. Continue north 1.2 miles from Mockingbird and the location is on the left.
Standard status
Active
APN
84094
Size
15,560 SF
Lot size
10.22 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ROSA CONTI SUBD, BLOCK 1, LOT 3, ACRES 10.215
Tax Annual Amount
31993
Legal Description
ROSA CONTI SUBD, BLOCK 1, LOT 3, ACRES 10.215
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
2003
Floors in Building
2
Flooring type
Unfinished, Tile
Building materials
MetalFrame, SteelFrame
Listing Agency:
Woolson Real Estate Inc
(361) 578-3623
Listed By:
Carl Koch · License #0718482
(361) 571-0987
Added: Jan 5
Changed: Jul 30
Last Checked: Aug 2 at 4:06AM
MLS# 600580
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 retail warehouse flex facility totals approximately 15,560 square feet and includes about 6,000 square feet of retail space and about 6,000 square feet of warehouse space. The building features dedicated offices, receiving docks, and a covered customer load-out area designed for efficient day-to-day operations.
The property sits on about 10.2 acres with 62 existing parking spaces. It also has additional concrete already in place to support expansion, along with two dedicated entrance and exit points. Estimated traffic is reported as more than 19,000 vehicles per day, supporting strong visibility and access.
The site is currently used as a farm and ranch center and Purina dealer, with a retail operation that includes an indoor pet grooming salon operated by an independent company. The sale includes the existing inventory, display fixtures, warehouse racking, and other business assets; however, the business name will not convey, and the current owners will retain a few family heirlooms.
The property sits on about 10.2 acres with 62 existing parking spaces. It also has additional concrete already in place to support expansion, along with two dedicated entrance and exit points. Estimated traffic is reported as more than 19,000 vehicles per day, supporting strong visibility and access.
The site is currently used as a farm and ranch center and Purina dealer, with a retail operation that includes an indoor pet grooming salon operated by an independent company. The sale includes the existing inventory, display fixtures, warehouse racking, and other business assets; however, the business name will not convey, and the current owners will retain a few family heirlooms.
Key Highlights
- Approx. 10.2 acres with approx. 15,560 total SF, including 6,000 SF retail and 6,000 SF warehouse
- Year built 2003; metal/steel frame construction with tile flooring and electric heating and central air
- 62 existing parking spaces plus additional concrete in place for expansion; special needs parking included
Financial Insights For Retail
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 | $341.7k | $21.96 |
| − Vacancy | −$20.5k | −$1.32 |
| EGI | $321.2k | $20.64 |
| − OpEx | −$96.4k | −$6.19 |
| NOI | $224.8k | $14.45 |
15,560 SF · lease $21.96/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.21M
$2.81M – $3.75M
NOI $224,837 @ 7.0% cap · market cap 6.42%
Second Best
Flex RnD
$1.56M
$1.37M – $1.82M
NOI $109,231 @ 7.0% cap · market cap 3.12%
Theoretical Best
Multifamily LT 5
$170.94M
$149.58M – $199.43M
NOI $11,966,001 @ 7.0% cap · market cap 341.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
19,000 VPD
Traffic count
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,075
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 77904, TX
29,646
Population
12,822
Households
2.3
Avg Household Size
39
Median Age
27%
College-Educated
93%
High-School Grad
109.9 sq mi
ZIP Area
270
Density / Sq Mi
$86,821
Median Household Income
$44,632
Median Earnings
$1,272
Median Rent
$237,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Retail and warehouse space with dedicated offices, receiving docks, and a covered customer load-out area.
Where is this flex space located?
The property is located at 5705 N Main Street Victoria, TX.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Approx. 10.2 acres with approx. 15,560 total SF, including 6,000 SF retail and 6,000 SF warehouse; Year built 2003; metal/steel frame construction with tile flooring and electric heating and central air; 62 existing parking spaces plus additional concrete in place for expansion; special needs parking included
