Victoria Commercial Property For
For Sale
$295,000
3011 S Laurent Street, Victoria, TX 77901
Commercial building and land available in Victoria, Texas.
Property Size1,508 SF
Price / SF$195.62
Days on Market161
Property Features for 3011 S Laurent Street
General Information
Standard status
Active
Size
1,508 SF
Listing Agency:
RE/MAX Land & Homes
(361) 573-0444
Listed By:
Ernest Guajardo Jr · License #0342611
(361) 571-0311
Source:
Cornerstone-properties
Added: May 8
Changed: Oct 5
Last Checked: Oct 12 at 8:04PM
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 RE/MAX Land & Homes
Investment Insights
Based on property information with market context.
This commercial property presents an opportunity for various business ventures, including use as a car lot. The sale includes the building and the land. The location has a Walk Score of 13, indicating car dependence, and a Bike Score of 29, suggesting it is somewhat bikeable.
Key Highlights
- Good opportunity for a car lot.
- Building and land for sale.
- Other possibilities for use.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,790
Cap Rate
7.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$435,800
$435.8K
Cap Rate 7%
$311,286
$311.3K
Cap Rate 9%
$242,111
$242.1K
Market Conditions
NOI Build-Up for 1,508 SF
Gross rent
$33.1K $21.96/SF
− Vacancy
−$2.0K −$1.32/SF
EGI
$31.1K $20.64/SF
− OpEx
−$9.3K −$6.19/SF
NOI
$21.8K $14.45/SF
Area
Victoria County, TX
Vacancy
6.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$435,800
Cap Rate 7%
$311,286
Cap Rate 9%
$242,111
Alternative Uses
Best Use
Retail
$311.3K
$272.4K – $363.2K
NOI $21,790 @ 7.0% cap · market cap 7.39%
Second Best
Industrial
$110.9K
$97.1K – $129.4K
NOI $7,766 @ 7.0% cap · market cap 2.63%
Theoretical Best
Multifamily LT 5
$16.57M
$14.50M – $19.33M
NOI $1,159,687 @ 7.0% cap · market cap 393.11%
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
53
Businesses Nearby
45k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 57%
Dining 37%
Hotels & Casinos 6%
Stripes
Shops & Services
24,995 visits/mo
0.2 miles
McDonald's
Dining
16,988 visits/mo
0.1 miles
La Quinta Inn & Suites Victoria - South
Hotels & Casinos
2,708 visits/mo
0.1 miles
The UPS Store
Shops & Services
620 visits/mo
0.1 miles
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 Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Parking lot & garage - Commercial building and land available in Victoria, Texas.
Where is this parking lot & garage located?
The property is located at 3011 S Laurent Street Victoria, TX.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Good opportunity for a car lot.; Building and land for sale.; Other possibilities for use.
