Professional Office Space with Conference
For Sale
Contact for pricing
5103 E AIRLINE VICTORIA TX 77904, Victoria, TX 77904
Business-oriented office setting with conference room access and reliable high-speed internet connectivity.
Property Size3,688 SF
Price / SF$0.12
Days on Market968
Property Features for 5103 E AIRLINE VICTORIA TX 77904
General Information
Standard status
Active
Size
3,688 SF
Property subtype
Office
Building Details
Year Built
2005
Stories
1
Listing Agency:
Woolson Real Estate Inc
(361) 578-3623
Listed By:
Nancy Garner · License #0319521
(361) 571-0161
Source:
Kwsanantonio
Added: Feb 28, 2024
Changed: Oct 1
Last Checked: Oct 23 at 3:19AM
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 Woolson Real Estate Inc
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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 3,688-square-foot office property at 5103 E Airline Road provides a professional setting for day-to-day business operations. The space includes access to a conference room for meetings and presentations, along with high-speed internet suitable for video conferencing and cloud-based work.
The property is located in Victoria, Texas, and is described as well maintained with a business-focused environment. Its configuration supports office users seeking dedicated workspace and shared meeting capability in a professional setting.
The property is located in Victoria, Texas, and is described as well maintained with a business-focused environment. Its configuration supports office users seeking dedicated workspace and shared meeting capability in a professional setting.
Key Highlights
- 3,688‑square‑foot office property
- Conference room access for meetings and presentations
- High‑speed internet for video conferencing and cloud‑based work
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,689
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,233,780
$1.2M
Cap Rate 7%
$881,271
$881.3K
Cap Rate 9%
$685,433
$685.4K
Market Conditions
NOI Build-Up for 3,688 SF
Gross rent
$113.3K $30.72/SF
− Vacancy
−$31.0K −$8.42/SF
EGI
$82.3K $22.30/SF
− OpEx
−$20.6K −$5.58/SF
NOI
$61.7K $16.73/SF
Area
Victoria County, TX
Vacancy
27.40%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,233,780
Cap Rate 7%
$881,271
Cap Rate 9%
$685,433
Alternative Uses
Best Use
Office B
$881.3K
$771.1K – $1.03M
NOI $61,689 @ 7.0% cap · market cap 13,708.67%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$40.52M
$35.45M – $47.27M
NOI $2,836,158 @ 7.0% cap · market cap 630,257.33%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Well-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
Check the figures for this property
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?
Office space - Business-oriented office setting with conference room access and reliable high-speed internet connectivity.
Where is this office space located?
The property is located at 5103 E AIRLINE VICTORIA TX 77904 Victoria, TX.
What are key features of this property?
This property features: 3,688‑square‑foot office property; Conference room access for meetings and presentations; High‑speed internet for video conferencing and cloud‑based work
