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Flex Space with Fenced Yard
For Sale
$875,000

13004 N Navarro, Victoria, TX 77904

CommercialSale, Victoria, TX

Property Size5,012 SF
Lot Size2.00 Acres
Price / SF$174.58
Days on Market1519

Property Features for 13004 N Navarro

General Information

Property type Commercial Sale
Property subtype Other
Interior features Attic, PermanentAtticStairs
Subdivision Easley Properties SUBD
Lot features One To Three Acres, City Lot
Directions North on Navarro, 1/4 miles north of Walmart, on the right. There are two vacant lots on each side of the drive-way.
Standard status Active
APN 45506
Size 5,012 SF
Lot size 2.00 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description EASLEY PROPERTIES SUBD LOT 2 BLOCK 1
Legal Description EASLEY PROPERTIES SUBD LOT 2 BLOCK 1

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Water source Public

Building Details

Year built 1984
Floors in Building 1
Flooring type Carpet, Brick
Building materials BrickVeneer, Frame
Roof type Shingle, Composition
Listing Agency: Woolson Real Estate Inc
Listed By: Nancy Garner · License #0319521
Added: Aug 12, 2022 Changed: Sep 14 Last Checked: Oct 8 at 2:06AM
MLS# 477142

Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 5,012-square-foot flex property combines office accommodations with a substantial shop component. The front office includes a reception area, receptionist office, work area with built-in cabinets and counters, four private offices, a kitchen, and two restrooms. The shop measures approximately 75 by 45 feet and includes four roll-up doors, a pedestrian door to the yard, a sink, and fluorescent lighting. Brick veneer and frame construction, central electric heating, public water and sewer, and a composition shingle roof serve the building.

The property is positioned along N. Navarro/Hwy 77 with driveway frontage, while the building and yard are set back from the road. Concrete parking is provided at the office, with two additional spaces outside the fenced area and more concrete in front of the shop doors. A fenced gravel yard encompasses approximately .75 acres. Additional Hwy frontage land is also available in separate parcels of 1.034 acres and .0735 acres.

Key Highlights

  • 5,012 SF flex property with office and shop components
  • Office layout includes reception, four private offices, kitchen, work area, and two restrooms
  • Approximately 75 x 45‑foot shop with four roll‑up doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,184
Cap Rate
4.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$703,680 $703.7K
Cap Rate 7%
$502,629 $502.6K
Cap Rate 9%
$390,933 $390.9K
Market Conditions
NOI Build-Up for 5,012 SF
Gross rent
$60.1K $12.00/SF
− Vacancy
−$6.0K −$1.20/SF
EGI
$54.1K $10.80/SF
− OpEx
−$18.9K −$3.78/SF
NOI
$35.2K $7.02/SF
Area
Victoria County, TX
Vacancy
10.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$703,680
Cap Rate 7%
$502,629
Cap Rate 9%
$390,933

Alternative Uses

Best Use
Office B
$1.20M
$1.05M – $1.40M (±1% cap)
NOI $83,836 @ 7.0% cap · market cap 9.58%
Second Best
Flex RnD
$502.6K
$439.8K – $586.4K (±1% cap)
NOI $35,184 @ 7.0% cap · market cap 4.02%
Theoretical Best
Multifamily LT 5
$55.06M
$48.18M – $64.24M (±1% cap)
NOI $3,854,344 @ 7.0% cap · market cap 440.50%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Southcross Gas Company

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Parking Lot & Garage Electrical Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

46
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Office and shop areas are arranged for versatile commercial operations with dedicated work areas and secured outdoor storage.
Where is this flex space located?
The property is located at 13004 N Navarro Victoria, TX.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 5,012 SF flex property with office and shop components; Office layout includes reception, four private offices, kitchen, work area, and two restrooms; Approximately 75 x 45‑foot shop with four roll‑up doors
More about this property
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