Flex Space with
New
For Sale
$450,000
207 S Moody St, Victoria, TX 77901
Showroom, break room, private office, and oversized loading access support varied operations.
Property Size5,600 SF
Days on Market4
Property Features for 207 S Moody St
General Information
Standard status
Active
Size
5,600 SF
Property subtype
Commercial
Building Details
Building Size
5,600 SF
Year Built
2006
Stories
2
Listing Agency:
D Ann Harper Realty, Inc
Listed By:
Kaitlyn Espinosa · License #0759194
(361) 571-5283
Source:
Elliman
Added: Sep 12
Last Checked: Sep 15 at 6:57AM
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 D Ann Harper Realty, Inc
Investment Insights
Based on property information with market context.
This approximately 5,600-square-foot flex property at 207 S Moody St combines a showroom, support areas, and operational access within one commercial building. The interior includes a showroom bathroom, a break room with a full bath, and a private office on the upper level. Two oversized garage doors provide access for loading, equipment handling, and routine business activity.
The property can accommodate showroom, retail, warehouse, light industrial, or trade-related operations. Victoria’s recorded BikeScore is 69, classified as Bikeable, while its WalkScore is 65, classified as Somewhat Walkable. Built in 2006, the building offers a practical mix of customer-facing, administrative, and service-oriented space.
The property can accommodate showroom, retail, warehouse, light industrial, or trade-related operations. Victoria’s recorded BikeScore is 69, classified as Bikeable, while its WalkScore is 65, classified as Somewhat Walkable. Built in 2006, the building offers a practical mix of customer-facing, administrative, and service-oriented space.
Key Highlights
- Approximately 5,600 sq. ft. commercial flex property
- Showroom includes a dedicated bathroom
- Break room equipped with a full bath
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$39,312
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.74%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$786,240
$786.2K
Cap Rate 7%
$561,600
$561.6K
Cap Rate 9%
$436,800
$436.8K
Market Conditions
NOI Build-Up for 5,600 SF
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.
Gross rent
$67.2K $12.00/SF
− Vacancy
−$6.7K −$1.20/SF
EGI
$60.5K $10.80/SF
− OpEx
−$21.2K −$3.78/SF
NOI
$39.3K $7.02/SF
Area
Victoria County, TX
Vacancy
10.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$786,240
Cap Rate 7%
$561,600
Cap Rate 9%
$436,800
Alternative Uses
Best Use
Retail
$1.16M
$1.01M – $1.35M
NOI $80,918 @ 7.0% cap · market cap 17.98%
Second Best
Flex RnD
$561.6K
$491.4K – $655.2K
NOI $39,312 @ 7.0% cap · market cap 8.74%
Theoretical Best
Multifamily LT 5
$61.52M
$53.83M – $71.78M
NOI $4,306,530 @ 7.0% cap · market cap 957.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,082
Businesses Nearby
Balanced
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Showroom, break room, private office, and oversized loading access support varied operations.
Where is this flex space located?
The property is located at 207 S Moody St Victoria, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Approximately 5,600 sq. ft. commercial flex property; Showroom includes a dedicated bathroom; Break room equipped with a full bath
