Flex Property with Office and
13102 N Navarro Victoria, TX 77904
For Sale
$1,359,900
Renovated flex site with office/retail space, warehouse with two drive-in doors, and on-site parking and yard.
Property Size10,040 SF
Lot Size1.54 Acres
Price / SF$135.45
Days on Market8
Property Features for 13102 N Navarro
General Information
- Standard status
- Active
- Size
- 10,040 SF
- Lot size
- 1.54 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 2008
Listing Agency:
(361) 655-7083
Listed By:
Cornerstone Properties
(361) 655-7083
Source:
Xome
Added: Jul 17
Changed: Jul 24
Last Checked: Jul 24 at 5:43AM
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.
Built in 1968 and renovated in 2019, this versatile flex property totals 10,040 SF across multiple buildings on approximately 1.54 acres. The site includes a 5,000 SF office/retail building and a 5,040 SF warehouse, plus a separate small office building. The office/retail space features a lobby/reception area, four private offices, open cubicle workspace, a breakroom, two restrooms, and storage. The warehouse includes two drive-in bay doors, supporting service, distribution, light industrial, contractor, or showroom use.
Located on the north side of Navarro in a high-visibility corridor with 18,700+ vehicles per day, the property offers straightforward access for commercial operations. On-site parking and yard space provide room for operations, storage, or expansion.
With its combination of customer-facing and administrative office improvements alongside warehouse drive-in access, the layout is designed to support an owner-user or multi-use operation within a single site.
Located on the north side of Navarro in a high-visibility corridor with 18,700+ vehicles per day, the property offers straightforward access for commercial operations. On-site parking and yard space provide room for operations, storage, or expansion.
With its combination of customer-facing and administrative office improvements alongside warehouse drive-in access, the layout is designed to support an owner-user or multi-use operation within a single site.
Key Highlights
- 10,040 SF flex property on ~1.54 acres across multiple buildings with ample on‑site parking and yard space
- 5,000 SF office/retail building includes lobby/reception, four private offices, open cubicle workspace, breakroom, two restrooms, and storage
- 5,040 SF warehouse features two drive‑in bay doors for service, distribution, light industrial, contractor, or showroom use
Financial Insights For Flex RnD
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 | $120.5k | $12.00 |
| − Vacancy | −$12.0k | −$1.20 |
| EGI | $108.4k | $10.80 |
| − OpEx | −$38.0k | −$3.78 |
| NOI | $70.5k | $7.02 |
10,040 SF · lease $12.00/SF/yr · vacancy 10.00% · expense 35.00%
Alternative Uses
Best Use
Office B
$2.40M
$2.10M – $2.80M
NOI $167,939 @ 7.0% cap · market cap 12.35%
Second Best
Retail
$2.07M
$1.81M – $2.42M
NOI $145,075 @ 7.0% cap · market cap 10.67%
Theoretical Best
Multifamily LT 5
$110.30M
$96.51M – $128.68M
NOI $7,720,993 @ 7.0% cap · market cap 567.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Sullivan Process Controls ...
Factory
FAQs
What type of property is this?
Flex space - Renovated flex site with office/retail space, warehouse with two drive-in doors, and on-site parking and yard.
Where is this flex space located?
The property is located at 13102 N Navarro Victoria, TX.
What is the asking price?
The asking price for this property is $1,359,900.
What are key features of this property?
This property features: 10,040 SF flex property on ~1.54 acres across multiple buildings with ample on‑site parking and yard space; 5,000 SF office/retail building includes lobby/reception, four private offices, open cubicle workspace, breakroom, two restrooms, and storage; 5,040 SF warehouse features two drive‑in bay doors for service, distribution, light industrial, contractor, or showroom use
