Renovated Flex
For Sale
$1,329,900
13102 N Navarro, Victoria, TX 77904
Multi-building commercial facility with office, retail, warehouse, parking, and operational yard space.
Property Size10,040 SF
Lot Size1.54 Acres
Price / SF$132.46
Days on Market48
Property Features for 13102 N Navarro
General Information
Standard status
Active
Size
10,040 SF
Lot size
1.54 Acres
Site & Location
Road Access
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Warehouse Space
5,040 SF
Drive-In Doors
2
Building Details
Year Built
1968
Year Renovated
2019
Buildings
3
Listing Agency:
Cornerstone Properties
(361) 576-2353
Listed By:
Brandi Jackson · License #0577155
(361) 655-7083
Source:
Cornerstone-properties
Added: Sep 14
Changed: Oct 31
Last Checked: Oct 30 at 2:30PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex property combines 10,040 SF of improvements across approximately 1.54 acres. The site includes a 5,000 SF office/retail building, a 5,040 SF warehouse, and a separate smaller office building. The office/retail component offers a reception area, four private offices, open workstations, a breakroom, two restrooms, and storage. The warehouse is equipped with two drive-in bay doors, while the property also provides on-site parking and yard area.
Built in 1968 and renovated in 2019, the property occupies a commercial corridor carrying 18,700+ vehicles per day. Its 13102 N Navarro address places it near Victoria’s primary retail and dining corridor, with national retailers and other traffic-generating businesses in the surrounding area. The configuration can accommodate owner-user operations or an investment-oriented ownership strategy, subject to the buyer’s intended use.
Built in 1968 and renovated in 2019, the property occupies a commercial corridor carrying 18,700+ vehicles per day. Its 13102 N Navarro address places it near Victoria’s primary retail and dining corridor, with national retailers and other traffic-generating businesses in the surrounding area. The configuration can accommodate owner-user operations or an investment-oriented ownership strategy, subject to the buyer’s intended use.
Key Highlights
- 10,040 SF of improvements on approximately 1.54 acres
- 5,000 SF office/retail building plus 5,040 SF warehouse
- Two drive‑in bay doors in the warehouse
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,481
Cap Rate
5.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,409,620
$1.4M
Cap Rate 7%
$1,006,871
$1.0M
Cap Rate 9%
$783,122
$783.1K
Market Conditions
NOI Build-Up for 10,040 SF
Gross rent
$120.5K $12.00/SF
− Vacancy
−$12.0K −$1.20/SF
EGI
$108.4K $10.80/SF
− OpEx
−$38.0K −$3.78/SF
NOI
$70.5K $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%
$1,409,620
Cap Rate 7%
$1,006,871
Cap Rate 9%
$783,122
Alternative Uses
Best Use
Office B
$2.40M
$2.10M – $2.80M
NOI $167,939 @ 7.0% cap · market cap 12.63%
Second Best
Retail
$2.07M
$1.81M – $2.42M
NOI $145,075 @ 7.0% cap · market cap 10.91%
Theoretical Best
Multifamily LT 5
$110.30M
$96.51M – $128.68M
NOI $7,720,993 @ 7.0% cap · market cap 580.57%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
2
Drive-in doors
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
46
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Multi-building commercial facility with office, retail, warehouse, parking, and operational yard space.
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 $1,329,900.
What are key features of this property?
This property features: 10,040 SF of improvements on approximately 1.54 acres; 5,000 SF office/retail building plus 5,040 SF warehouse; Two drive‑in bay doors in the warehouse
