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Flex Space with Warehouse Area
For Sale
Under Contract
$649,000

1302 E Crestwood Drive, Victoria, TX 77901

CommercialSale, Victoria, TX

Property Size21,408 SF
Lot Size2.33 Acres
Price / SF$30.32
Days on Market657

Property Features for 1302 E Crestwood Drive

General Information

Property type Commercial Sale
Property subtype Other
Parking features Driveway, Special Needs
Security features Security
Interior features Storage
Accessibility Accessible Approach with Ramp
Subdivision Boxwood-Lawn Sub
Lot features One To Three Acres, Corner Lot
Directions From Business Hwy 59 N turn right onto Sam Houston Dr, in approx. 1.8 miles turn left onto Crestwood Drive. In approx. 0.7 miles the property will be on your right. Corner of Crestwood St. and Laurent St.
Standard status Active Under Contract
APN 40689,46370
Size 21,408 SF
Lot size 2.33 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description BOXWOOD-LAWN SUBD CRESTWOOD STORE LOT 1 THRU LOT 5 BLOCK 2, and BLK 6, R 4, EAT FARM, LOT 1 T-2, CRESTWOOD VACANT PROP, ACRES 1.17
Tax Annual Amount 6625
Legal Description BOXWOOD-LAWN SUBD CRESTWOOD STORE LOT 1 THRU LOT 5 BLOCK 2, and BLK 6, R 4, EAT FARM, LOT 1 T-2, CRESTWOOD VACANT PROP, ACRES 1.17

Utilities

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

Building Details

Year built 1955
Floors in Building 1
Flooring type Terrazzo, Concrete
Building materials FiberCement
Roof type Flat
Additional Structures Storage
Listing Agency: Woolson Real Estate Inc
Listed By: Nancy J Garner · License #0319521
Added: Nov 4, 2024 Changed: Aug 20 Last Checked: Aug 23 at 7:06PM
MLS# 560563

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 flex property includes two parcels totaling 2.33 acres and a 21,408-square-foot main building. The layout contains a 12,393-square-foot open area, 7,735 square feet of warehouse space, and 1,280 square feet of offices. A separate storage building is included in the warehouse measurement, while a 360-square-foot freezer is additional. Interior finishes include terrazzo tile in the main area and concrete flooring elsewhere.

The structure was built in 1955 with 8-inch concrete walls, 4-inch concrete ceilings behind the drop ceiling, slab construction, and a flat roof. Package A/C units serve the building. An approximately 54,000-square-foot asphalt parking lot supports the property, which has city streets on all sides and room for expansion. Public water and sewer are available. The building is offered as-is and is asbestos free; a Phase I Report and survey are on file.

Key Highlights

  • Two parcels totaling 2.33 acres
  • 21,408‑square‑foot main building with open, warehouse, and office areas
  • 12,393‑square‑foot main open area and 7,735 square feet of warehouse space

Property Analytics

Current Use

Dick's Food Store Grocery & Convenience Store Watermill Express Big Box & Wholesale Store Western Union Bank

Suggested Use

Top Pick Law Firm Bakery Real Estate Agency (Bike/Boat/Book/etc) Store Catering Service Travel Agency

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
Paved road access

Location Intelligence

Trade Area within ½ mile

1,009
Businesses Nearby
Under-served
Demand for This Use

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 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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Similar Off Market Nearby

  • MAMA CHELA ANTOJITOS Y MAS 1604 E Crestwood Dr, Victoria, TX 77901

Frequently Asked Questions

What type of property is this?
Flex space - Multi-use commercial building with open, warehouse, office, and freezer areas plus on-site asphalt parking.
Where is this flex space located?
The property is located at 1302 E Crestwood Drive Victoria, TX.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Two parcels totaling 2.33 acres; 21,408‑square‑foot main building with open, warehouse, and office areas; 12,393‑square‑foot main open area and 7,735 square feet of warehouse space
More about this property
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