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    3208 Houston Hwy Victoria, TX 77901

    Sponsored
    For Sale
    $1,300,000

    High-traffic retail space with warehouse.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    342
    This exceptional commercial property, located at 3208 Houston Highway Unit 3208, Victoria, TX, presents a prime opportunity for a variety of businesses. Situated on a 0.92-acre lot, the property boasts approximately 10,000 square feet of retail space and an attached 2,000 square foot warehouse. The building offers convenient access from both Houston Highway and Red River Street, providing excellent visibility and accessibility. Currently configured as a retail rent-to-own business and smoke shop, the interior includes 4-6 offices and 3 bathrooms. The rear of the property features a valuable 3-bay metal shop, a metal building suitable for scaffold storage, and a 4-car metal garage. The property's strategic location on a high-traffic section of US Business 59, a busy thoroughfare, ensures significant exposure to potential customers. Its proximity to shopping centers, fast-food restaurants, hospitals, medical offices, and the University of Houston further enhances its appeal. The property's versatility makes it suitable for a wide range of uses, including retail, strip center development, medical/dental offices, restaurants, oil field-related businesses, or mixed-use projects. This is a rare opportunity to acquire a well-positioned commercial property in a thriving area with high growth potential. The asking price is $1,300,000.

    Property Features for 3208 Houston Hwy

    General Information

    Property type
    Retail properties
    Lot Size
    40,075 SF

    Building Details

    Year Built
    1950
    Location Intelligence

    Current Use by Public Records

    Casa Jalisco Taco ... Taco Restaurant Scratch-N-Dent Appliance Appliance Repair Service Uncle Mike's Rent ... Furniture Store Mr. Nice Guy ... Tobacco Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Victoria
    County
    Victoria
    State
    Texas
    Longitude
    -96.97011
    Latitude
    28.81433

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space with warehouse.
    Where is this retail property located?
    The property is located at 3208 Houston Hwy Victoria, TX.
    What is the asking price?
    The asking price for this property is $1,300,000.
    (361) 218-8601
    Request Owner's contact information
    3208 Houston Hwy Victoria, TX 77901
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    Victoria, TX 77901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3208 Houston Hwy Victoria, TX 77901
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