Versatile Commercial Property with
For Sale
$3,500,000
5705 N Main St, Victoria, TX 77904
10.2 acres with retail, warehouse, and ample parking.
Property Size15,560 SF
Lot Size10.20 Acres
Price / SF$224.94
Days on Market101
Property Features for 5705 N Main St
General Information
Standard status
Active
Size
15,560 SF
Lot size
10.20 Acres
Property subtype
Commercial
Building Details
Year Built
2003
Listing Agency:
Woolson Real Estate, Inc.
(361) 571-0987
Listed By:
Carl Koch · License #0718482
(361) 571-0987
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Aug 1 at 11:08AM
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 Woolson Real Estate, Inc.
Investment Insights
Based on property information with market context.
This commercial property features approximately 15,560 total square feet on approximately 10.2 acres. The property includes 6,000 square feet of retail space, 6,000 square feet of warehouse space, dedicated offices, receiving docks, and a covered customer load-out area. There are 62 existing parking spaces, with additional concrete in place to allow for easy expansion. The location has over 19,000 vehicles per day in estimated traffic count and two dedicated entrance/exit points. The property is suited for retail, agricultural equipment, automotive sales, wholesale or industrial distribution, or conversion to a sports, entertainment, or wedding venue. Currently, the property is home to a farm and ranch center that services large ranchers and individual pet owners. The business is a Purina dealer and carries many additional trusted brands, offering an extensive selection of products for large animals and household pets. Inside the retail space is a pet grooming salon, operated by an independent company. The business also maintains a large inventory for hunters, including feeders and parts, knives, attractants, fencing, and feed. The sale includes all inventory, display fixtures, warehouse racking, and other business assets.
Key Highlights
- Prime location in a rapidly growing area of Victoria with high traffic count (19,000 vehicles per day) and excellent accessibility.
- Substantial infrastructure including 15,560 total square feet (6,000 SF retail, 6,000 SF warehouse), dedicated offices, receiving docks, and covered customer load‑out.
- Ample parking with 62 spaces and additional concrete for easy expansion.
Financial Insights For Retail
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 | $341.7k | $21.96 |
| − Vacancy | −$20.5k | −$1.32 |
| EGI | $321.2k | $20.64 |
| − OpEx | −$96.4k | −$6.19 |
| NOI | $224.8k | $14.45 |
15,560 SF · lease $21.96/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.21M
$2.81M – $3.75M
NOI $224,837 @ 7.0% cap · market cap 6.42%
Second Best
Warehouse
$1.39M
$1.22M – $1.62M
NOI $97,298 @ 7.0% cap · market cap 2.78%
Theoretical Best
Multifamily LT 5
$170.94M
$149.58M – $199.43M
NOI $11,966,001 @ 7.0% cap · market cap 341.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,075
Businesses Nearby
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
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Frequently Asked Questions
What type of property is this?
Retail space - 10.2 acres with retail, warehouse, and ample parking.
Where is this retail space located?
The property is located at 5705 N Main St Victoria, TX.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Prime location in a rapidly growing area of Victoria with high traffic count (19,000 vehicles per day) and excellent accessibility.; Substantial infrastructure including **15,560 total square feet** (6,000 SF retail, 6,000 SF warehouse), dedicated offices, receiving docks, and covered customer load‑out.; Ample parking with **62 spaces** and additional concrete for easy expansion.
