Flex Retail and Warehouse
13955 Us Highway 77 Victoria Victoria, TX 77904
13955 Us Highway 77 Victoria, Victoria, TX, 77904
$1,399,000
For Sale
$1,399,000
Two-building flex facility with highway frontage, including retail, office, storage/warehouse, and an on-site apartment.
Property Size13,500 SF
Price / SF$103.63
Days on Market13
Property Features for 13955 Us Highway 77 Victoria
General Information
- Standard status
- Active
- Size
- 13,500 SF
- Property subtype
- CommercialSale
Building Details
- Year Built
- 2013
Listing Agency
RE/MAX GO
(830) 312-9332
Listed by
Frank Bisono · License #714579
(830) 312-9332
Source
Fbisono.remax
Added: Jul 9 Updated: Jul 10 at 2:15 pm Checked: Jul 20 at 1:47 am
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 RE/MAX GO
Investment Insights
Based on property information with market context.
Flex retail and warehouse property for sale on more than 4 acres, featuring two buildings. The first building includes approximately 7,500 square feet of versatile space with a retail area, offices, storage/warehouse space, and an apartment/living area. The second building contains about 6,000 square feet and is set up with eight dressing rooms, two public restrooms, an office, and a finished office/storage area.
The property is positioned along US Highway 77 with 475 feet+/- of highway road frontage. It is currently operating as a bridal and prom gown retail store, with the improvements already arranged for customer-facing use, offices, and back-of-house support space.
The property is positioned along US Highway 77 with 475 feet+/- of highway road frontage. It is currently operating as a bridal and prom gown retail store, with the improvements already arranged for customer-facing use, offices, and back-of-house support space.
Key Highlights
- Two‑building commercial property built in 2013 on 4+ acres with 475 ft+/- of highway road frontage
- 7,500 SF building includes retail space, offices, storage/warehouse space, and an on‑site apartment/living area
- 6,000 SF second building features 8 dressing rooms, 2 public restrooms, an office, and a finished office/storage area
Local 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 | $162.0k | $12.00 |
| − Vacancy | −$16.2k | −$1.20 |
| EGI | $145.8k | $10.80 |
| − OpEx | −$51.0k | −$3.78 |
| NOI | $94.8k | $7.02 |
13,500 SF · lease $12.00/SF/yr · vacancy 10.00% · expense 35.00%
Alternative Uses
Best Use
Retail
$2.79M
$2.44M – $3.25M
NOI $195,071 @ 7.0% cap · market cap 13.94%
Second Best
Flex RnD
$1.35M
$1.18M – $1.58M
NOI $94,770 @ 7.0% cap · market cap 6.77%
Theoretical Best
Multifamily LT 5
$148.31M
$129.77M – $173.03M
NOI $10,381,813 @ 7.0% cap · market cap 742.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Crawfish Cajun Catering — 302 W Rio Grande St, Victoria, TX 77901
- ROOSTERS — 1506 N Liberty St Suite B, Victoria, TX 77901
- Country Catering & Bar-B-Que — Victoria, TX 77901
FAQs
What type of property is this?
Flex space - Two-building flex facility with highway frontage, including retail, office, storage/warehouse, and an on-site apartment.
Where is this flex space located?
The property is located at 13955 Us Highway 77 Victoria Victoria, TX.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Two‑building commercial property built in 2013 on 4+ acres with 475 ft+/- of highway road frontage; 7,500 SF building includes retail space, offices, storage/warehouse space, and an on‑site apartment/living area; 6,000 SF second building features 8 dressing rooms, 2 public restrooms, an office, and a finished office/storage area
