Equipped Automotive Facility For
For Sale
$585,000
4005 N Navarro St, Victoria, TX 77901
Turnkey automotive facility on high-traffic corridor.
Property Size4,014 SF
Days on Market108
Property Features for 4005 N Navarro St
General Information
Standard status
Active
Size
4,014 SF
Property subtype
Commercial
Building Details
Building Size
4,014 SF
Year Built
1997
Stories
1
Listing Agency:
Cornerstone Properties
Listed By:
Tiffany Petry · License #0814091
(361) 571-4769
Source:
Elliman
Added: May 19
Changed: Aug 27
Last Checked: Sep 1 at 9:56PM
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 Cornerstone Properties
Investment Insights
Based on property information with market context.
This automotive facility is located on N Navarro Street, a high-traffic corridor with over 31,000 vehicles passing by daily. The property is equipped for high-volume operations, featuring 6 bay doors for vehicle intake and workflow. The facility includes 3 Rotary Lifts suitable for undercarriage work, inspections, and mechanical repairs, as well as 3 automotive lifts. The combination of 6 bays and 6 lifts allows for servicing multiple vehicles simultaneously. The location has a walk score of 54, indicating it is somewhat walkable, and a bike score of 47, indicating it is somewhat bikeable. This property is suitable for established auto body operators looking to expand, entrepreneurs ready to launch, or investors seeking a turnkey income-producing commercial asset.
Key Highlights
- High‑traffic location on N Navarro Street with 31,000+ vehicles passing daily, providing exceptional visibility.
- Fully equipped, turnkey automotive facility ready for immediate operation.
- Six bay doors for efficient vehicle intake and workflow.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,671
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.53%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$413,420
$413.4K
Cap Rate 7%
$295,300
$295.3K
Cap Rate 9%
$229,678
$229.7K
Market Conditions
NOI Build-Up for 4,014 SF
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.
Gross rent
$32.3K $8.04/SF
− Vacancy
−$2.7K −$0.68/SF
EGI
$29.5K $7.36/SF
− OpEx
−$8.9K −$2.21/SF
NOI
$20.7K $5.15/SF
Area
Victoria County, TX
Vacancy
8.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$413,420
Cap Rate 7%
$295,300
Cap Rate 9%
$229,678
Alternative Uses
Best Use
Retail
$828.6K
$725.0K – $966.7K
NOI $58,001 @ 7.0% cap · market cap 9.91%
Second Best
Industrial
$295.3K
$258.4K – $344.5K
NOI $20,671 @ 7.0% cap · market cap 3.53%
Theoretical Best
Multifamily LT 5
$44.10M
$38.59M – $51.45M
NOI $3,086,859 @ 7.0% cap · market cap 527.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
671
Businesses Nearby
96k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 69%
Shops & Services 19%
Home Improvements & Furnishings 12%
Whataburger
Dining
16,956 visits/mo
0.2 miles
Wendy's
Dining
9,992 visits/mo
0.4 miles
Bush's Chicken
Dining
9,938 visits/mo
0.1 miles
Grandy's
Dining
8,983 visits/mo
0.1 miles
Harbor Freight Tools
Home Improvements & Furnishings
8,974 visits/mo
0.4 miles
Demographics for 77901, TX
40,062
Population
17,438
Households
2.3
Avg Household Size
35
Median Age
15%
College-Educated
76%
High-School Grad
18.1 sq mi
ZIP Area
2,213
Density / Sq Mi
$57,728
Median Household Income
$33,127
Median Earnings
$1,105
Median Rent
$133,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Vickers Auto Services — 307 E Circle St D, Victoria, TX 77901
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- Pro Sounds 3 — 108 E Circle St c, Victoria, TX 77904
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Frequently Asked Questions
What type of property is this?
Auto shop - Turnkey automotive facility on high-traffic corridor.
Where is this auto shop located?
The property is located at 4005 N Navarro St Victoria, TX.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: High‑traffic location on N Navarro Street with 31,000+ vehicles passing daily, providing exceptional visibility.; Fully equipped, turnkey automotive facility ready for immediate operation.; Six bay doors for efficient vehicle intake and workflow.
