2002 N Wheeler Street Victoria, TX 77901
COMMERCIAL - Victoria, TX
- Added:
- May 27, 2026
- Days on Market:
- 49
- Last Refresh:
- Jul 14 at 3:06 am
Property Features for 2002 N Wheeler Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Carport, Garage
- Standard status
- Active
- APN
- 44119
- Size
- 1,248 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- COLLEGE PARK S 70' OF LOT 1 BLOCK 1
- Tax Annual Amount
- 3475
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1959
- Floors in Building
- 1
- Flooring type
- Hardwood, Carpet, Tile
- Building materials
- VinylSiding
- Roof type
- Shingle, Composition
Listing agent Carol Alexander License #0743810 (361) 649-3959
Listing office GC Real Estate LLC 275 Wigington Ln, TX (361) 550-7497
Listing date May 27, 2026
Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located in Victoria, TX, directly across from St. Joseph High School, offering a convenient storefront-style setting for a variety of small business uses, including a hair/nail salon, boutique, or small office, as suggested by the seller.
With its interior layout designed to support privacy and its outdoor amenities, this home can function as a compact, street-facing option for day-to-day customer visits.
Key Highlights
- Updated 3‑bedroom, 2‑bath home with fresh paint and hardwood flooring
- Updated kitchen with French doors and classic hardware; kitchen can be closed off for privacy
- 30‑year roof installed in 2021; roof materials include composition/shingle
Local Financial Insights For Retail
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 | $27.4k | $21.96 |
| − Vacancy | −$1.6k | −$1.32 |
| EGI | $25.8k | $20.64 |
| − OpEx | −$7.7k | −$6.19 |
| NOI | $18.0k | $14.45 |
Alternative Uses
Property Analytics
Current Use by Public Records
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