Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    000 Us Highway 87 S Victoria, TX 77905

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $139,900

    Farmland outside Victoria city limits, convenient access, ideal agricultural use.

    Lot size:
    13.42 Acres

    Property Features for 000 Us Highway 87 S

    General Information

    Lot size
    13.42 Acres

    We can help!

    Listing Contact
    The Zaplac Group
    Source: Elliman

    Listing Agency: Coldwell Banker D'Ann Harper, REALTORS® Listing Agent: The Zaplac Group

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

    Learn more

    Overview

    13.42 Acres Farmland Near Victoria

    This 13.42-acre tract of farmland is located just outside the Victoria city limits, offering convenient access from the state highway. The open land is suitable for continued agricultural use, including row crops, hay production, or livestock. The property provides ample space for barns, equipment, and grazing, presenting an opportunity for expanding existing operations or establishing new agricultural endeavors. Its location, only minutes from town, combines the convenience of nearby supplies with the freedom and productivity of working the land.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Building Supply Big Box & Wholesale Store Department Store Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Victoria
    County
    Victoria
    State
    Texas
    Longitude
    -96.923917
    Latitude
    28.75066

    Nearby Similar for Sale

    • $850,000
      21,408 SF

      Versatile Commercial Property in Victoria

      2.33 acres with a 21,408 sq ft building.
      1302 E Crestwood Dr, Victoria, TX 77901
      View Details
    • $2,350,000
      14,046 SF

      Turnkey Industrial Facility in Victoria

      Move-in ready industrial facility with equipment, vehicles, and inventory included.
      400 Warehouse Rd, Victoria, TX 77905
      View Details
    • New
      $375,000
      6,850 SF

      Victoria Commercial Property with Warehouse

      Office and warehouse space available near Highway 59.
      2203 Port Lavaca Dr, Victoria, TX 77901
      View Details
    • New
      $379,000
      4,024 SF

      Open-Air Commercial Property in Victoria

      Commercial property with open-air structure, formerly The Wellhead Tavern.
      23404 Zac Lentz Pkwy, Victoria, TX 77905
      View Details
    • New
      $695,000
      5,459 SF

      Restored Historic Building in Victoria

      Restored historic building suitable for retail, dining, and more.
      102 S Main St, Victoria, TX 77901
      View Details
    • $1,140,000
      29,089 SF

      Large Industrial Property on 13+ Acres

      Spacious industrial building with offices, storage, and outdoor facilities.
      102 S Ben Jordan St, Victoria, TX 77901
      View Details
    • $1,095,000
      7,400 SF

      Victoria Retail Location For Sale

      7,400 sq ft retail building renovated in 2022.
      6602 N Navarro St, Victoria, TX 77904
      View Details
    • $450,000
      77,972 SF

      Versatile Commercial Property in Victoria

      1.79 acres with office and shop in Victoria, TX.
      1508 N Ben Jordan St, Victoria, TX 77901
      View Details
    • $875,000
      5,012 SF

      Victoria Commercial Property with Yard

      Commercial building with shop, offices, and fenced yard.
      13004 N Navarro St, Victoria, TX 77904
      View Details
    • $739,000
      9,246 SF

      Rio Grande Warehouse For Sale

      Warehouse with office space and secure fenced storage.
      1404 E Rio Grande St, Victoria, TX 77901
      View Details
    • $129,885
      3,020 SF

      Victoria Commercial Property For Sale

      High-visibility commercial property with flexible use and owner financing.
      305 N Laurent St, Victoria, TX 77901
      View Details
    • New
      $287,500
      7,240 SF

      Versatile Commercial Property on Corner Lot

      Commercial property suited for automotive, mechanical, industrial, or warehouse use.
      607 E Crestwood Dr, Victoria, TX 77901
      View Details

    FAQs

    What type of property is this?
    Agricultural land - Farmland outside Victoria city limits, convenient access, ideal agricultural use.
    Where is this agricultural land located?
    The property is located at 000 Us Highway 87 S Victoria, TX.
    What is the asking price?
    The asking price for this property is $139,900.
    What are key features of this property?
    This property features: - 13.42 acres of farmland.; - Convenient access off state highway.; - Ideal for row crops, hay production, or livestock.
    (361) 541-4100
    Request Owner's contact information
    000 Us Highway 87 S Victoria, TX 77905
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    000 Us Highway 87 S
    Victoria, TX 77905
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    000 Us Highway 87 S Victoria, TX 77905
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    The Zaplac Group
    (361) 541-4100 (210) 483-7000 (361) 412-4050
    Learn more
    Google sign-in failed. Please try again or use another login method.