Unique Commercial Property with
For Sale
$449,900
3102 Sam Houston Dr, Victoria, TX 77904
Versatile commercial property with warehouse, retail, and entertainment potential.
Property Size3,000 SF
Lot Size2.00 Acres
Price / SF$149.97
Days on Market103
Property Features for 3102 Sam Houston Dr
General Information
Standard status
Active
Size
3,000 SF
Lot size
2.00 Acres
Property subtype
Commercial
Building Details
Year Built
2015
Listing Agency:
D Ann Harper Realty, Inc
(361) 541-4100
Listed By:
The Zaplac Group
(361) 541-4100
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Aug 3 at 8:27AM
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 D Ann Harper Realty, Inc
Investment Insights
Based on property information with market context.
This commercial property is situated on approximately 2 acres in Victoria, TX, offering visibility and accessibility from Sam Houston Drive and Monterrey Drive. The property includes a 3,000 square foot climate-controlled metal building equipped with three large overhead doors, suitable for commercial, warehouse, retail, or flex-space uses. The lot provides parking, storage, and room for future expansion, allowing for the addition of buildings or further site development. A miniature golf course is located on the property, presenting an opportunity for revitalization as an income-producing attraction or repurposing for entertainment. The property offers flexibility, visibility, and redevelopment potential. The location has a bike score of 52, indicating it is bikeable, and a walk score of 67, indicating it is somewhat walkable.
Key Highlights
- Prime central location in Victoria, TX with frontage and access from two major roads offering outstanding visibility and accessibility.
- Approximately 2‑acre lot providing ample parking, storage, and room for future expansion.
- 3,000 sq ft climate‑controlled metal building** suitable for commercial, warehouse, retail, or flex‑space uses, equipped with three large overhead doors.
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 | $36.0k | $12.00 |
| − Vacancy | −$3.6k | −$1.20 |
| EGI | $32.4k | $10.80 |
| − OpEx | −$11.3k | −$3.78 |
| NOI | $21.1k | $7.02 |
3,000 SF · lease $12.00/SF/yr · vacancy 10.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$300.9K
$263.3K – $351.0K
NOI $21,060 @ 7.0% cap · market cap 4.68%
Second Best
Warehouse
$268.0K
$234.5K – $312.7K
NOI $18,759 @ 7.0% cap · market cap 4.17%
Theoretical Best
Multifamily LT 5
$32.96M
$28.84M – $38.45M
NOI $2,307,070 @ 7.0% cap · market cap 512.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,008
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77904, TX
29,646
Population
12,822
Households
2.3
Avg Household Size
39
Median Age
27%
College-Educated
93%
High-School Grad
109.9 sq mi
ZIP Area
270
Density / Sq Mi
$86,821
Median Household Income
$44,632
Median Earnings
$1,272
Median Rent
$237,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial property with warehouse, retail, and entertainment potential.
Where is this flex space located?
The property is located at 3102 Sam Houston Dr Victoria, TX.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Prime central location in Victoria, TX with frontage and access from two major roads offering outstanding visibility and accessibility.; Approximately 2‑acre lot providing ample parking, storage, and room for future expansion.; 3,000 sq ft climate‑controlled metal building** suitable for commercial, warehouse, retail, or flex‑space uses, equipped with three large overhead doors.
