Gas Station Building and
For Sale
$295,000
3011 S Laurent Street, Victoria, TX 77901
CommercialSale, Victoria, TX
Property Size1,508 SF
Lot Size0.70 Acres
Price / SF$195.62
Days on Market146
Property Features for 3011 S Laurent Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Garage
Subdivision
Ebt Farm
Lot features
City Lot, Half To One Acre Lot
Directions
Take Laurent south pass Port Lavaca Highway and continue to pass Pleasant Green and the Property is on the right (Arnolds station)
Standard status
Active
APN
47391
Size
1,508 SF
Lot size
0.70 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BLK 5, R 2, EBT FARM, LOT 3 T-34, ACRES .699
Tax Annual Amount
4334
Legal Description
BLK 5, R 2, EBT FARM, LOT 3 T-34, ACRES .699
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1960
Floors in Building
1
Flooring type
Concrete
Building materials
Frame, MetalSiding
Listing Agency:
RE/MAX Land & Homes · RE/MAX International
(361) 573-0444
Listed By:
Ernest Guajardo Jr · License #0342611
(361) 571-0311
Added: May 4
Changed: Aug 19
Last Checked: Sep 26 at 11:06AM
MLS# 612814
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 commercial property includes a 1,508-square-foot building on approximately 0.699 acres. Constructed in 1960, the structure features frame construction with metal siding, concrete flooring, central heating, central air conditioning, and a garage. The offering includes the building and land.
The property is located at 3011 S Laurent Street in Victoria, Texas, with public water and public sewer service. Its gas station classification and existing garage component support continued consideration for automotive-oriented commercial use, subject to applicable requirements.
The property is located at 3011 S Laurent Street in Victoria, Texas, with public water and public sewer service. Its gas station classification and existing garage component support continued consideration for automotive-oriented commercial use, subject to applicable requirements.
Key Highlights
- 1,508‑square‑foot building on approximately 0.699 acres
- Frame construction with metal siding and concrete flooring
- Central heating and central air conditioning
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
$26,818
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
9.09%
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%
$536,360
$536.4K
Cap Rate 7%
$383,114
$383.1K
Cap Rate 9%
$297,978
$298.0K
Market Conditions
NOI Build-Up for 1,508 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
$37.6K $24.96/SF
− Vacancy
−$1.9K −$1.25/SF
EGI
$35.8K $23.71/SF
− OpEx
−$8.9K −$5.93/SF
NOI
$26.8K $17.78/SF
Area
Victoria County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
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%
$536,360
Cap Rate 7%
$383,114
Cap Rate 9%
$297,978
Alternative Uses
Best Use
Specialty Retail
$383.1K
$335.2K – $447.0K
NOI $26,818 @ 7.0% cap · market cap 9.09%
Second Best
Retail
$311.3K
$272.4K – $363.2K
NOI $21,790 @ 7.0% cap · market cap 7.39%
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.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
53
Businesses Nearby
45k
Monthly Visits Nearby
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
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Frequently Asked Questions
What type of property is this?
Gas station - Freestanding commercial property with a garage, central HVAC, and public water and sewer service.
Where is this gas station 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: 1,508‑square‑foot building on approximately 0.699 acres; Frame construction with metal siding and concrete flooring; Central heating and central air conditioning
