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Flex Space with Drive-In Bays
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13102 N Navarro Street B, Victoria, TX 77904

Warehouse and office components are paired with yard and parking areas for operational flexibility.

Property Size5,040 SF
Price / SF$0.83
Days on Market99

Property Features for 13102 N Navarro Street B

General Information

Standard status Active
Size 5,040 SF
Listing Agency: Cornerstone Properties
Listed By: Brandi Jackson · License #0577155
Source: Cornerstone-properties
Added: Jul 12 Changed: Oct 1 Last Checked: Oct 16 at 8:25AM

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

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Investment Insights

Based on property information with market context.

This approximately 5,040 SF flex property combines a rear warehouse area with two drive-in bay doors and a small standalone office building. The configuration also includes yard and parking space that can accommodate equipment, fleet vehicles, outdoor storage, and routine commercial operations. The property supports contractor, service, distribution, storage, and light industrial applications identified for the site.

Located at 13102 N Navarro Street in Victoria, the property sits along N Navarro Street in a corridor reporting 18,700+ vehicles per day. Its warehouse, office, access, and exterior-use components provide a practical setup for businesses requiring both enclosed work space and room for vehicles or equipment.

Key Highlights

  • Approximately 5,040 SF rear warehouse space
  • Two drive‑in bay doors
  • Small standalone office building

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,954
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,080 $519.1K
Cap Rate 7%
$370,771 $370.8K
Cap Rate 9%
$288,378 $288.4K
Market Conditions
NOI Build-Up for 5,040 SF
Gross rent
$40.5K $8.04/SF
− Vacancy
−$3.4K −$0.68/SF
EGI
$37.1K $7.36/SF
− OpEx
−$11.1K −$2.21/SF
NOI
$26.0K $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 Rate 5%
$519,080
Cap Rate 7%
$370,771
Cap Rate 9%
$288,378

Alternative Uses

Best Use
Flex RnD
$505.4K
$442.3K – $589.7K (±1% cap)
NOI $35,381 @ 7.0% cap · market cap 842.40%
Second Best
Warehouse
$450.2K
$394.0K – $525.3K (±1% cap)
NOI $31,516 @ 7.0% cap · market cap 750.38%
Theoretical Best
Multifamily LT 5
$55.37M
$48.45M – $64.60M (±1% cap)
NOI $3,875,877 @ 7.0% cap · market cap 92,282.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Sullivan Process Controls ... Factory

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Parking Lot & Garage Building Supply Electrical Service

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

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 Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Warehouse and office components are paired with yard and parking areas for operational flexibility.
Where is this flex space located?
The property is located at 13102 N Navarro Street B Victoria, TX.
What are key features of this property?
This property features: Approximately 5,040 SF rear warehouse space; Two drive‑in bay doors; Small standalone office building
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