Second-Floor Office
For Sale
Contact for pricing
1910 Commerce Street, Victoria, TX 77901
Unfinished upper-level space allows a customized layout for office, studio, or professional-service use.
Property Size19,248 SF
Days on Market67
Property Features for 1910 Commerce Street
General Information
Standard status
Active
Size
19,248 SF
Elevators
Yes
Listing Agency:
Coldwell Banker D'Ann Harper
(210) 483-7000
Listed By:
Melissa K Orr · License #0676301
(361) 676-5649
Source:
Cornerstone-properties
Added: Aug 13
Changed: Oct 16
Last Checked: Oct 16 at 8:20AM
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 Coldwell Banker D'Ann Harper
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Investment Insights
Based on property information with market context.
The property includes open shell space on the second floor, providing a flexible starting point for a customized commercial interior. The configuration is suited to office, studio, and professional-service applications, with central air and hardwood included among the interior features. Elevator access to the upper level is planned to be operational.
Additional finished space is available on the first floor within a building that includes an established restaurant. The property is located at 1910 Commerce Street in central Victoria, with access from a city road. Constructed in 1975, the building offers both unfinished and finished commercial areas within the same property.
Additional finished space is available on the first floor within a building that includes an established restaurant. The property is located at 1910 Commerce Street in central Victoria, with access from a city road. Constructed in 1975, the building offers both unfinished and finished commercial areas within the same property.
Key Highlights
- Open second‑floor shell space for a custom commercial build‑out
- Suitable for offices, studio space, or professional services
- Elevator access to the second floor will be operational
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$321,962
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,439,240
$6.4M
Cap Rate 7%
$4,599,457
$4.6M
Cap Rate 9%
$3,577,356
$3.6M
Market Conditions
NOI Build-Up for 19,248 SF
Gross rent
$591.3K $30.72/SF
− Vacancy
−$162.0K −$8.42/SF
EGI
$429.3K $22.30/SF
− OpEx
−$107.3K −$5.58/SF
NOI
$322.0K $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%
$6,439,240
Cap Rate 7%
$4,599,457
Cap Rate 9%
$3,577,356
Alternative Uses
Best Use
Office B
$4.60M
$4.02M – $5.37M
NOI $321,962 @ 7.0% cap · market cap 32,196,200.00%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$211.46M
$185.03M – $246.70M
NOI $14,802,158 @ 7.0% cap · market cap 1,480,215,800.00%
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
1,132
Businesses Nearby
Explore this area
Business Placement
Demographics for 77901, TX
40,062
Population
17,438
Households
2.3
Avg Household Size
35
Median Age
15%
College-Educated
76%
High-School Grad
18.1 sq mi
ZIP Area
2,213
Density / Sq Mi
$57,728
Median Household Income
$33,127
Median Earnings
$1,105
Median Rent
$133,900
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?
Office units - Unfinished upper-level space allows a customized layout for office, studio, or professional-service use.
Where is this office units located?
The property is located at 1910 Commerce Street Victoria, TX.
What are key features of this property?
This property features: Open second‑floor shell space for a custom commercial build‑out; Suitable for offices, studio space, or professional services; Elevator access to the second floor will be operational
