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    1606 N Navarro St Victoria, TX 77901

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    For Sale
    $722,223

    NNN leased investment opportunity with long-term national retailer.

    Property size:
    10,000 SF
    Lot size:
    0.44 Acres

    Property Features for 1606 N Navarro St

    General Information

    Size
    10,000 SF
    Lot size
    0.44 Acres

    Source: Matthews Real Estate Investment Services | Austin Agent Michael Kelleher

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property with National Tenant

    This retail property features a long-term tenancy by Family Dollar, which has operated at this location since 2017. The lease structure is double net (NN), with the tenant responsible for property taxes, insurance, and maintenance. The roof was replaced within the past five years. The property benefits from strong visibility along Interstate 77, a major retail corridor in Victoria, with daily traffic counts nearing 20,000 vehicles. It is located near national retailers such as Taco Bell, UPS, Chick-fil-A, and Whataburger. The property is offered at a 9% cap rate with approximately three years of remaining lease term. The property size is 10000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Family Dollar Dollar Store

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Similar Places Nearby

    McAdams Floral, America's Funeral Florist, Blissfully Yours Floral

    Location Insight

    • Map
    • Local Demand
    City
    Victoria
    County
    Victoria
    State
    Texas
    Longitude
    -96.999381
    Latitude
    28.809707

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    FAQs

    What type of property is this?
    Storefront property - NNN leased investment opportunity with long-term national retailer.
    Where is this storefront property located?
    The property is located at 1606 N Navarro St Victoria, TX.
    What is the asking price?
    The asking price for this property is $722,223.
    What are key features of this property?
    This property features: - High Initial Yield – Offered at a 9% cap rate for immediate income.; - Long-Term Tenancy by National Retailer – Family Dollar operating since 2017.; - Double Net (NN) Lease Structure – Tenant responsible for taxes, insurance, and maintenance.
    (210) 844-7353
    Request Owner's contact information
    1606 N Navarro St 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
    1606 N Navarro St Victoria, TX 77901
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