Medical Office Building with Adjacent
For Sale
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2501 N Navarro St, Victoria, TX 77901
Healthcare-oriented tenancy occupies a dedicated building with adjacent land and access from three streets.
Property Size4,252 SF
Lot Size0.81 Acres
Price / SF$232.83
Days on Market53
Property Features for 2501 N Navarro St
General Information
Standard status
Active
Size
4,252 SF
Lot size
0.81 Acres
Property subtype
Office
Additional Details
Road Access
Yes
Building Details
Buildings
1
Building Size
4,252 SF
Tenancy
Single
Listing Agency:
KW Commercial Texas
Listed By:
Melanne Carpenter · License #TX 741309
(832) 720-5626
Source:
Crexi
Added: Aug 31
Changed: Oct 16
Last Checked: Oct 20 at 8:51PM
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 KW Commercial Texas
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Investment Insights
Based on property information with market context.
The property comprises a 4,252-square-foot medical office building occupied by Crescent View Medical Clinics, P.A. under a seven-year NNN lease. The lease term begins August 1, 2026, and runs through July 31, 2033. The site also incorporates 402 Buena Vista, an adjacent land component conveyed with the property.
The combined site measures approximately 0.81 acres and provides parking with access from three streets. N Navarro frontage supports exposure to traffic volumes of up to 33,643 VPD. The property is situated near healthcare, retail, service, and institutional activity, including Texas A&M University–Victoria.
The combined site measures approximately 0.81 acres and provides parking with access from three streets. N Navarro frontage supports exposure to traffic volumes of up to 33,643 VPD. The property is situated near healthcare, retail, service, and institutional activity, including Texas A&M University–Victoria.
Key Highlights
- 4,252 SF medical office building occupied by Crescent View Medical Clinics, P.A.
- Seven‑year NNN lease runs from August 1, 2026 through July 31, 2033
- 402 Buena Vista adjacent land included with the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,123
Cap Rate
7.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,422,460
$1.4M
Cap Rate 7%
$1,016,043
$1.0M
Cap Rate 9%
$790,256
$790.3K
Market Conditions
NOI Build-Up for 4,252 SF
Gross rent
$130.6K $30.72/SF
− Vacancy
−$35.8K −$8.42/SF
EGI
$94.8K $22.30/SF
− OpEx
−$23.7K −$5.58/SF
NOI
$71.1K $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%
$1,422,460
Cap Rate 7%
$1,016,043
Cap Rate 9%
$790,256
Alternative Uses
Best Use
Office B
$1.02M
$889.0K – $1.19M
NOI $71,123 @ 7.0% cap · market cap 7.18%
Second Best
Healthcare Medical
$962.2K
$841.9K – $1.12M
NOI $67,352 @ 7.0% cap · market cap 6.80%
Theoretical Best
Multifamily LT 5
$46.71M
$40.87M – $54.50M
NOI $3,269,887 @ 7.0% cap · market cap 330.29%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
799
Businesses Nearby
Under-served
Demand for This Use
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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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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Main Street Animal Hospital — 2306 N Main St, Victoria, TX 77901
Frequently Asked Questions
What type of property is this?
Medical Office Space - Healthcare-oriented tenancy occupies a dedicated building with adjacent land and access from three streets.
Where is this medical office space located?
The property is located at 2501 N Navarro St Victoria, TX.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: 4,252 SF medical office building occupied by Crescent View Medical Clinics, P.A.; Seven‑year NNN lease runs from August 1, 2026 through July 31, 2033; 402 Buena Vista adjacent land included with the property
