Retail Space with Office
New
For Sale
$595,000
3602 Navarro, Victoria, TX 77904
A multi-room interior includes a reception area, private rooms, a kitchenette, and two bathrooms.
Property Size2,077 SF
Price / SF$286.47
Days on Market2
Property Features for 3602 Navarro
General Information
Standard status
Active
Size
2,077 SF
Property subtype
Commercial
Additional Details
Corner Location
Yes
Amenities
professional reception area
6 private offices or exam rooms
kitchenette
2 bathrooms
laundry room
3 independent HVAC units
built-in alarm system
2 advanced camera systems
Building Details
Building Size
2,077 SF
Year Built
1950
Stories
1
Listing Agency:
RE/MAX Land & Homes
Listed By:
The Kopecky Group
(361) 935-1162
Source:
Elliman
Added: Oct 23
Last Checked: Oct 24 at 4:30PM
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
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Investment Insights
Based on property information with market context.
This 2,077-square-foot retail space in Victoria has a reception area and six private rooms configured for offices or exam rooms. The interior also includes a kitchenette, two bathrooms, and a laundry room. Three separate HVAC units provide zoned climate control, and the property has a built-in alarm and two camera systems. Built in 1950, the property is located at 3602 Navarro.
Key Highlights
- 2,077 square feet of retail space
- Six private offices or exam rooms
- Three independent HVAC units for zoned climate control
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,742
Cap Rate
5.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$694,840
$694.8K
Cap Rate 7%
$496,314
$496.3K
Cap Rate 9%
$386,022
$386.0K
Market Conditions
NOI Build-Up for 2,077 SF
Gross rent
$63.8K $30.72/SF
− Vacancy
−$17.5K −$8.42/SF
EGI
$46.3K $22.30/SF
− OpEx
−$11.6K −$5.58/SF
NOI
$34.7K $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%
$694,840
Cap Rate 7%
$496,314
Cap Rate 9%
$386,022
Alternative Uses
Best Use
Office B
$496.3K
$434.3K – $579.0K
NOI $34,742 @ 7.0% cap · market cap 5.84%
Second Best
Healthcare Medical
$470.0K
$411.3K – $548.3K
NOI $32,900 @ 7.0% cap · market cap 5.53%
Theoretical Best
Multifamily LT 5
$22.82M
$19.97M – $26.62M
NOI $1,597,261 @ 7.0% cap · market cap 268.45%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,007
Businesses Nearby
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Business Placement
Demographics for 77904, TX
29,646
Population
12,822
Households
2.3
Avg Household Size
39
Median Age
27%
College-Educated
93%
High-School Grad
109.9 sq mi
ZIP Area
270
Density / Sq Mi
$86,821
Median Household Income
$44,632
Median Earnings
$1,272
Median Rent
$237,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Retail space - A multi-room interior includes a reception area, private rooms, a kitchenette, and two bathrooms.
Where is this retail space located?
The property is located at 3602 Navarro Victoria, TX.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 2,077 square feet of retail space; Six private offices or exam rooms; Three independent HVAC units for zoned climate control
