Turn-Key Industrial Facility in
For Sale
$1,300,000
22603 Zac Lentz Parkway, Victoria, TX 77905
High-quality industrial facility with modern office and warehouse space.
Property Size8,000 SF
Lot Size5.00 Acres
Price / SF$162.50
Days on Market153
Property Features for 22603 Zac Lentz Parkway
General Information
Standard status
Active
Size
8,000 SF
Lot size
5.00 Acres
Listing Agency:
The Ron Brown Company
(361) 575-1446
Listed By:
Jake Truss · License #730168
(361) 550-7878
Source:
Cornerstone-properties
Added: May 14
Changed: Sep 24
Last Checked: Oct 12 at 8:06PM
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 The Ron Brown Company
Investment Insights
Based on property information with market context.
Located in Aloe Field, a well-established industrial and commercial area of Victoria, this 8,000 SF industrial facility at 22603 Zac Lentz Parkway offers a functional space with accessibility. Constructed in 2015 and well-maintained, the property includes approximately 2,000 SF of modern office space and 6,000 SF of warehouse space, suitable for commercial or industrial use. The warehouse has five oversized bays with tall door heights, configured for potential crane installation. The property features modernized office finishes, a clean warehouse, and an expansive site layout. New systems and mechanical features from the 2015 construction offer long-term benefits. Situated on 5 acres, the property provides yard space for equipment, fleet parking, storage, or expansion. Additional improvements include a detached covered area with an attached wash bay for servicing vehicles and equipment. The fully fenced site with gated entry provides security, while frontage and access along Zac Lentz Parkway facilitate logistics and operations. This property is move-in-ready and located in a desirable industrial location.
Key Highlights
- Move‑in ready, meticulously maintained 8,000 SF industrial facility (2,000 SF office, 6,000 SF warehouse) built in 2015.
- Located in the heart of Aloe Field, a prime industrial and commercial corridor in Victoria, with excellent accessibility.
- Features 5 oversized warehouse bays with tall door heights, configured for potential crane installation.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,025
Cap Rate
3.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,000,500
$1.0M
Cap Rate 7%
$714,643
$714.6K
Cap Rate 9%
$555,833
$555.8K
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$64.3K $8.04/SF
− Vacancy
−$5.5K −$0.68/SF
EGI
$58.9K $7.36/SF
− OpEx
−$8.8K −$1.10/SF
NOI
$50.0K $6.25/SF
Area
Victoria County, TX
Vacancy
8.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,000,500
Cap Rate 7%
$714,643
Cap Rate 9%
$555,833
Alternative Uses
Best Use
Office B
$1.91M
$1.67M – $2.23M
NOI $133,816 @ 7.0% cap · market cap 10.29%
Second Best
Warehouse
$714.6K
$625.3K – $833.8K
NOI $50,025 @ 7.0% cap · market cap 3.85%
Theoretical Best
Multifamily LT 5
$87.89M
$76.90M – $102.54M
NOI $6,152,186 @ 7.0% cap · market cap 473.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
39
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77905, TX
15,282
Population
6,854
Households
2.2
Avg Household Size
43
Median Age
17%
College-Educated
89%
High-School Grad
428.7 sq mi
ZIP Area
36
Density / Sq Mi
$81,925
Median Household Income
$43,522
Median Earnings
$1,094
Median Rent
$208,100
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
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Similar Off Market Nearby
- MGR Storage LLC — 1315 Industrial Park Dr, Victoria, TX 77905
Frequently Asked Questions
What type of property is this?
Warehouse - High-quality industrial facility with modern office and warehouse space.
Where is this warehouse located?
The property is located at 22603 Zac Lentz Parkway Victoria, TX.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Move‑in ready, meticulously maintained 8,000 SF industrial facility (2,000 SF office, 6,000 SF warehouse) built in 2015.; Located in the heart of Aloe Field, a prime industrial and commercial corridor in Victoria, with excellent accessibility.; Features 5 oversized warehouse bays with tall door heights, configured for potential crane installation.
