Industrial Flex Facility with
For Sale
$499,900
3305 US Highway 59, Victoria, TX 77905
Industrial flex property with office area, warehouse shop, overhead crane, and fenced yard with electric gate.
Property Size8,160 SF
Price / SF$61.26
Days on Market95
Property Features for 3305 US Highway 59
General Information
Standard status
Active
Size
8,160 SF
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Amenities
break room
bathroom with shower
covered outdoor work area
fenced concrete yard
electric gate
Listing Agency:
Coldwell Banker D'Ann Harper
(210) 483-7000
Listed By:
The Zaplac Group · License #VIC053
(361) 541-4100
Source:
Cornerstone-properties
Added: Jul 20
Changed: Oct 2
Last Checked: Oct 20 at 7:56PM
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 Coldwell Banker D'Ann Harper
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Investment Insights
Based on property information with market context.
This industrial flex facility is designed to support both office and shop operations. The front office area includes four private offices and approximately 1,160 square feet of administrative space. The warehouse/shop area is approximately 7,300 square feet and features a 1-ton overhead crane, a break room, and a bathroom with shower.
The property also includes a covered outdoor work area with its own crane system, plus a fenced concrete yard with an electric gate for secure storage and truck access. A second shop area in the rear adds additional functionality, with three overhead doors, an office area, and a bathroom.
Overall, the layout combines multiple work zones, secure yard space, and crane capabilities for day-to-day industrial activity from a single facility.
The property also includes a covered outdoor work area with its own crane system, plus a fenced concrete yard with an electric gate for secure storage and truck access. A second shop area in the rear adds additional functionality, with three overhead doors, an office area, and a bathroom.
Overall, the layout combines multiple work zones, secure yard space, and crane capabilities for day-to-day industrial activity from a single facility.
Key Highlights
- Front office area offers approx. 1,160 SF with four private offices for administration and management
- Warehouse/shop includes approx. 7,300 SF and a 1‑ton overhead crane, plus break room and bathroom with shower
- Covered outdoor work area includes its own crane system for handling large equipment or materials
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,021
Cap Rate
8.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$840,420
$840.4K
Cap Rate 7%
$600,300
$600.3K
Cap Rate 9%
$466,900
$466.9K
Market Conditions
NOI Build-Up for 8,160 SF
Gross rent
$65.6K $8.04/SF
− Vacancy
−$5.6K −$0.68/SF
EGI
$60.0K $7.36/SF
− OpEx
−$18.0K −$2.21/SF
NOI
$42.0K $5.15/SF
Area
Victoria County, TX
Vacancy
8.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$840,420
Cap Rate 7%
$600,300
Cap Rate 9%
$466,900
Alternative Uses
Best Use
Flex RnD
$818.3K
$716.0K – $954.7K
NOI $57,283 @ 7.0% cap · market cap 11.46%
Second Best
Warehouse
$728.9K
$637.8K – $850.4K
NOI $51,025 @ 7.0% cap · market cap 10.21%
Theoretical Best
Multifamily LT 5
$89.65M
$78.44M – $104.59M
NOI $6,275,229 @ 7.0% cap · market cap 1,255.30%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
8
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
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Industrial flex property with office area, warehouse shop, overhead crane, and fenced yard with electric gate.
Where is this flex space located?
The property is located at 3305 US Highway 59 Victoria, TX.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Front office area offers approx. 1,160 SF with four private offices for administration and management; Warehouse/shop includes approx. 7,300 SF and a 1‑ton overhead crane, plus break room and bathroom with shower; Covered outdoor work area includes its own crane system for handling large equipment or materials
