Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3706 N Navarro St Victoria, TX 77901

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $2,748 /Mo

    New shopping center space available on a busy street.

    Lot size:
    2.24 Acres

    Property Features for 3706 N Navarro St

    General Information

    Standard status
    Active
    Lot size
    2.24 Acres

    Building Details

    Year built
    1954

    We can help!

    Listing Contact
    Brandi Jackson
    Brandi Jackson
    Source: Exitrealty

    Listing Agency: Cornerstone Properties Listing Agent: Brandi Jackson

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

    Learn more

    Overview

    Retail Space on North Navarro

    This commercial space is located in a new shopping center on North Navarro Street, which benefits from a daily traffic count exceeding 34,000 vehicles. The available space, identified as Suite 500, features an open floor plan encompassing 1,940 square feet and includes a restroom. The location's high traffic volume makes it suitable for various business or office uses.
    Location Intelligence

    Current Use by Public Records

    King Of Kings Cuts ... Barber Shop Evolve - 24 Hour ... Gym & Fitness Center

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    Coin Cloud Bitcoin ATM, Coin Cloud Bitcoin ATM, Department Of Public Safety, Coinstar Kiosk - Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Victoria
    County
    Victoria
    State
    Texas
    Longitude
    -97.000048
    Latitude
    28.829076

    Nearby Similar for Lease

    • New
      $450 /Mo
      3,688 SF

      Professional Office Space For Lease

      Quiet office space ideal for professionals with flexible lease terms.
      5103 E Airline Rd, Victoria, TX 77904
      View Details
    • New
      $9,500 /Mo
      11,350 SF

      Main Street Commercial Building

      Highly visible commercial building suitable for retail, office, or medical use.
      4002 N Main St, Victoria, TX 77901
      View Details
    • New
      $11,865 /Mo
      132,858 SF

      Prime Commercial Space in Victoria

      Highly visible commercial space suitable for professional or retail uses.
      4800 N Navarro St, Victoria, TX 77904
      View Details
    • New
      $10,877 /Mo
      10,040 SF

      Versatile Commercial Property in Victoria

      10,040 SF flex property on 1.54 acres for lease.
      13102 N Navarro St, Victoria, TX 77904
      View Details
    • New
      $10,000 /Mo
      173,804 SF

      Industrial Building in Aloe Park

      Industrial building in Victoria, Texas, with office space.
      409 Enterprise Dr, Victoria, TX 77905
      View Details
    • $15 SF/Yr
      5,000 SF

      Retail/Office Space in Victoria, TX

      1,000 sq ft retail/office space with high visibility.
      3410 John Stockbauer Dr, Victoria, TX 77901
      View Details
    • $4,748 /Mo
      13,734 SF

      Versatile Commercial Space in Victoria

      Office, shop, and storage space available for lease.
      3202 Miori Ln, Victoria, TX 77901
      View Details
    • $1,950 /Mo
      2,550 SF

      Commercial Flex Space Available

      Commercial flex space suitable for various business applications.
      108 Cozzi Cir, Victoria, TX 77901
      View Details
    • $10,200 /Mo
      13,600 SF

      Versatile Commercial Space in Victoria

      13,600 SF commercial property with a large concrete yard.
      206 E Anaqua Ave, Victoria, TX 77901
      View Details
    • $4,995 /Mo
      18,389 SF

      Prime Retail Space on Houston Highway

      High-exposure retail space with ample parking and customization options.
      4106 Houston Hwy, Victoria, TX 77901
      View Details
    • $10,000 /Mo

      Industrial Building in Aloe Park

      13,760 SF industrial building with 1,500 SF office space.
      409 Enterprise Dr, Victoria, TX 77905
      View Details
    • $3,900 /Mo

      Versatile Office/Retail Space Available

      3,426 SF office/retail space with parking and flexible layout.
      2112 N Navarro St, Victoria, TX 77901
      View Details

    FAQs

    What type of property is this?
    Shopping center - New shopping center space available on a busy street.
    Where is this shopping center located?
    The property is located at 3706 N Navarro St Victoria, TX.
    What is the lease rate?
    The lease rate is $2,748 /Mo.
    What are key features of this property?
    This property features: - High traffic location (34,000+ daily count) on North Navarro; - Located in a new shopping center; - 1,940 sqft open floor plan
    (361) 655-7083
    Request Owner's contact information
    3706 N Navarro St Victoria, TX 77901
    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.
    3706 N Navarro St
    Victoria, TX 77901
    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
    3706 N Navarro St Victoria, TX 77901
    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
    Brandi Jackson
    Brandi Jackson
    Real Estate License ID: 0577155
    (361) 655-7083 (361) 576-2353
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!