Highway Frontage Commercial
11760 Nursery Dr Victoria, TX 77904
11760 Nursery Dr, Victoria, TX, 77904
$250,000
For Sale
$250,000
1.4-acre commercial property with 2,160 sq. ft. building.
Property Size2,160 SF
Lot Size1.44 Acres
Price / SF$115.74
Days on Market133
Property Features for 11760 Nursery Dr
General Information
- Standard status
- Active
- Size
- 2,160 SF
- Lot size
- 1.44 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1974
Listing agency
Shaw Realty
(361) 649-9797
Listed by
Kari Weiser · License #0681267
(361) 649-9797
Source
Elliman
Added: Mar 11 Updated: Jul 6 at 12:09PM Checked: Jul 21 at 9:08AM
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 Shaw Realty
Investment Insights
Based on property information with market context.
This 1.4-acre commercial property is located right off a major highway, offering visibility and access. The property includes a 2,160 sq. ft. building suitable for various uses such as a bar, event venue, retail space, or warehouse. The property also features an established fireworks stand lease, providing additional income potential. Ample parking area and open land are available, offering room for future expansion or outdoor operations. The location provides high traffic exposure and versatile use options.
Key Highlights
- Prime commercial property with highway frontage for maximum visibility and easy access.
- 1.4‑acre lot with ample parking and open land for future expansion.
- 2,160 sq. ft. building suitable for various uses: bar, event venue, retail, or warehouse.
Local Financial Insights For Warehouse
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 | $17.4k | $8.04 |
| − Vacancy | −$1.5k | −$0.68 |
| EGI | $15.9k | $7.36 |
| − OpEx | −$2.4k | −$1.10 |
| NOI | $13.5k | $6.25 |
2,160 SF · lease $8.04/SF/yr · vacancy 8.50% · expense 15.00%
Alternative Uses
Best Use
Specialty Retail
$548.8K
$480.2K – $640.2K
NOI $38,413 @ 7.0% cap · market cap 15.37%
Second Best
Retail
$445.9K
$390.1K – $520.2K
NOI $31,211 @ 7.0% cap · market cap 12.48%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Luckys Gameroom
Arcade & Gaming Center
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - 1.4-acre commercial property with 2,160 sq. ft. building.
Where is this commercial land located?
The property is located at 11760 Nursery Dr 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: Prime commercial property with highway frontage for maximum visibility and easy access.; 1.4‑acre lot with ample parking and open land for future expansion.; **2,160 sq. ft. building suitable for various uses: bar, event venue, retail, or warehouse.**
