Auto Shop with Paint
For Sale
$449,900
3107 E Red River Street, Victoria, TX 77901
CommercialSale, Victoria, TX
Property Size4,000 SF
Lot Size0.83 Acres
Price / SF$98.88
Days on Market600
Property Features for 3107 E Red River Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Oversize, Garage, Carport
Security features
Security
Interior features
Attic
Exterior features
Storage
Subdivision
Eat Farm
Lot features
Corner Lot, Half To One Acre Lot
Elementary school district
Victoria ISD
Middle school district
Victoria ISD
High school district
Victoria ISD
Directions
From Houston Hwy North, turn right onto N. Ben Wilson St. Take a right on E Red River and business will be on your right.
Standard status
Active
APN
46538
Size
4,550 SF
Lot size
0.83 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
BLK 4, R 6, EAT FARM, LOT 2 T-22, ACRES .83
Tax Annual Amount
2979
Legal Description
BLK 4, R 6, EAT FARM, LOT 2 T-22, ACRES .83
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
attached canopy
Building Details
Year built
1977
Floors in Building
1
Flooring type
Concrete
Building materials
MetalFrame
Roof type
Metal
Additional Structures
Storage
Listing Agency:
RE/MAX Land & Homes · RE/MAX International
(361) 573-0444
Listed By:
The Town & Country Team
(361) 570-7653
Added: Feb 13, 2025
Changed: Sep 26
Last Checked: Oct 6 at 1:06PM
MLS# 570011
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 auto shop property includes 4,000 square feet of enclosed space, five large overhead doors, and a 1,250-square-foot canopy attached at the rear. The sale includes shop equipment, materials, a paint booth, frame straightening machine, auto body tools, supplies, and office equipment. Concrete flooring, a metal roof, and metal-frame construction support the existing automotive configuration.
Set on a 0.83-acre corner lot at 3107 E Red River Street in Victoria, the property has public water and public sewer. Security fencing encloses the site, while additional outdoor space accommodates vehicle or equipment storage. Parking features include oversized parking, a garage, and a carport. The building was constructed in 1977.
Set on a 0.83-acre corner lot at 3107 E Red River Street in Victoria, the property has public water and public sewer. Security fencing encloses the site, while additional outdoor space accommodates vehicle or equipment storage. Parking features include oversized parking, a garage, and a carport. The building was constructed in 1977.
Key Highlights
- 4,000 SF of enclosed building area plus a 1,250‑square‑foot attached rear canopy
- Five large overhead doors support automotive operations and vehicle access
- Sale includes paint booth, frame straightening machine, auto body tools, materials, and supplies
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,941
Cap Rate
7.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$638,820
$638.8K
Cap Rate 7%
$456,300
$456.3K
Cap Rate 9%
$354,900
$354.9K
Market Conditions
NOI Build-Up for 4,550 SF
Gross rent
$54.6K $12.00/SF
− Vacancy
−$5.5K −$1.20/SF
EGI
$49.1K $10.80/SF
− OpEx
−$17.2K −$3.78/SF
NOI
$31.9K $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 Rate 5%
$638,820
Cap Rate 7%
$456,300
Cap Rate 9%
$354,900
Alternative Uses
Best Use
Retail
$939.2K
$821.8K – $1.10M
NOI $65,746 @ 7.0% cap · market cap 14.61%
Second Best
Flex RnD
$456.3K
$399.3K – $532.4K
NOI $31,941 @ 7.0% cap · market cap 7.10%
Theoretical Best
Multifamily LT 5
$49.99M
$43.74M – $58.32M
NOI $3,499,056 @ 7.0% cap · market cap 777.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
716
Businesses Nearby
Well-served
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
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Auto shop - Metal-frame commercial building with secured vehicle storage, multiple overhead doors, and an attached rear canopy.
Where is this auto shop located?
The property is located at 3107 E Red River Street Victoria, TX.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: 4,000 SF of enclosed building area plus a 1,250‑square‑foot attached rear canopy; Five large overhead doors support automotive operations and vehicle access; Sale includes paint booth, frame straightening machine, auto body tools, materials, and supplies
