Highway-Fronted Flex
11760 Nursery Drive Victoria, TX 77904
For Sale
$250,000
COMMERCIAL - Victoria, TX
Property Size2,160 SF
Lot Size1.44 Acres
Price / SF$115.74
Days on Market281
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
(361) 579-7429
Listed By:
Kari Weiser · License #0681267
(361) 649-9797
Added: Oct 20, 2025
Changed: Jul 11
Last Checked: Jul 27 at 12:06PM
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.
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
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
NOI $31,211 @ 7.0% cap · market cap 12.48%
Second Best
Flex RnD
$216.6K
$189.5K – $252.7K
NOI $15,163 @ 7.0% cap · market cap 6.07%
Theoretical Best
Multifamily LT 5
$23.73M
$20.76M – $27.68M
NOI $1,661,090 @ 7.0% cap · market cap 664.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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
