Updated Office
For Sale
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104 Kelly Drive A, Victoria, TX 77904
A 1,305-square-foot layout provides distinct office areas and vinyl plank flooring.
Property Size1,305 SF
Price / SF$1.21
Days on Market24
Property Features for 104 Kelly Drive A
General Information
Standard status
Active
Size
1,305 SF
Listing Agency:
Cornerstone Properties
(361) 576-2353
Listed By:
Brandi Jackson · License #0577155
(361) 655-7083
Source:
Cornerstone-properties
Added: Oct 9
Changed: Oct 25
Last Checked: Nov 1 at 4:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cornerstone Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office suite contains 1,305 square feet arranged into separate office areas. Vinyl plank flooring and neutral color tones carry through the space, which has been updated and is described as well maintained.
The property is at 104 Kelly Drive, Suite A, in Victoria, Texas.
The property is at 104 Kelly Drive, Suite A, in Victoria, Texas.
Key Highlights
- 1,305 square feet of office space
- Separate office areas
- Vinyl plank flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,829
Suggested Prices Based on Cap Rates
Cap Rate 5%
$436,580
$436.6K
Cap Rate 7%
$311,843
$311.8K
Cap Rate 9%
$242,544
$242.5K
Market Conditions
NOI Build-Up for 1,305 SF
Gross rent
$40.1K $30.72/SF
− Vacancy
−$11.0K −$8.42/SF
EGI
$29.1K $22.30/SF
− OpEx
−$7.3K −$5.58/SF
NOI
$21.8K $16.73/SF
Area
Victoria County, TX
Vacancy
27.40%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$436,580
Cap Rate 7%
$311,843
Cap Rate 9%
$242,544
Alternative Uses
Best Use
Office B
$311.8K
$272.9K – $363.8K
NOI $21,829 @ 7.0% cap · market cap 1,385.97%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$14.34M
$12.54M – $16.73M
NOI $1,003,575 @ 7.0% cap · market cap 63,719.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
565
Businesses Nearby
Under-served
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 Office in South region
Similar Off Market Nearby
- CellOn Cell Phone Repair Victoria Mall — 7800 N Navarro St Ste 181, Victoria, TX 77904
Frequently Asked Questions
What type of property is this?
Office space - A 1,305-square-foot layout provides distinct office areas and vinyl plank flooring.
Where is this office space located?
The property is located at 104 Kelly Drive A Victoria, TX.
What are key features of this property?
This property features: 1,305 square feet of office space; Separate office areas; Vinyl plank flooring
