Updated Storefront Home with Hardwood
2002 N Wheeler Street Victoria, TX 77901
2002 N Wheeler Street, Victoria, TX, 77901
$228,900
For Sale
$228,900
COMMERCIAL - Victoria, TX
Property Size1,248 SF
Lot Size0.23 Acres
Price / SF$183.41
Days on Market53
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 Agency
GC Real Estate LLC
(361) 550-7497
275 Wigington Ln, TX
Listed by
Carol Alexander · License #0743810
(361) 649-3959
Added: May 27 Checked: Jul 18 at 5:06 am
MLS# 614992
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.
This updated home at 2002 N Wheeler Street features fresh paint, beautiful hardwood flooring, and French doors with classic hardware. The updated kitchen can be closed off to the rest of the home for privacy, and the property also includes outdoor space with security lighting, a high-quality privacy fence, and a sprinkler system. A 30-year roof was installed in 2021, and furniture and appliances will convey with the sale.
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.
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 Office B
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 | $38.3k | $30.72 |
| − Vacancy | −$10.5k | −$8.42 |
| EGI | $27.8k | $22.30 |
| − OpEx | −$7.0k | −$5.58 |
| NOI | $20.9k | $16.73 |
1,248 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$298.2K
$260.9K – $347.9K
NOI $20,875 @ 7.0% cap · market cap 9.12%
Second Best
Retail
$257.6K
$225.4K – $300.6K
NOI $18,033 @ 7.0% cap · market cap 7.88%
Theoretical Best
Multifamily LT 5
$13.71M
$12.00M – $16.00M
NOI $959,741 @ 7.0% cap · market cap 419.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
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Similar Off Market Nearby
- Blissfully Yours Floral — 1313 N Navarro St, Victoria, TX 77901
FAQs
What type of property is this?
Storefront property - Updated home suitable for retail storefront or small office, with French doors, hardwood floors, and a backyard with security lighting.
Where is this storefront property located?
The property is located at 2002 N Wheeler Street Victoria, TX.
What is the asking price?
The asking price for this property is $228,900.
What are key features of this property?
This property features: 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
