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Flex Space With Rear Bay Door
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3706 N Navarro Street 500, Victoria, TX 77901

Remodeled shopping center space along North Navarro Street offers a flexible commercial layout for multiple business formats.

Property Size3,571 SF
Price / SF$0.77
Days on Market98

Property Features for 3706 N Navarro Street 500

General Information

Standard status Active
Size 3,571 SF
Property subtype CommercialLease

Amenities

rear bay door
Listing Agency: Cornerstone Properties
Listed By: Brandi Jackson · License #0577155
Source: Cornerstone-properties
Added: Jul 13 Changed: Oct 2 Last Checked: Oct 16 at 9:02AM

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 Cornerstone Properties

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Investment Insights

Based on property information with market context.

Suite 800 provides 3,571 square feet within a newly remodeled shopping center at 3706 N Navarro Street. The flexible commercial layout includes a rear bay door, adding a practical point of access for deliveries, storage, and day-to-day operations. The space is identified as suitable for retail, office, boutique fitness, and service-based businesses.

The property fronts North Navarro Street in Victoria, with a reported daily traffic count exceeding 34,000 vehicles. Ownership is offering a tenant improvement allowance to support customization of the suite for a business’s layout and operational needs.

Key Highlights

  • 3,571 SF of flexible commercial space in Suite 800
  • Rear bay door supports deliveries, storage, and operations
  • Newly remodeled shopping center at 3706 N Navarro Street

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,389
Suggested Prices Based on Cap Rates
Cap Rate 5%
$367,780 $367.8K
Cap Rate 7%
$262,700 $262.7K
Cap Rate 9%
$204,322 $204.3K
Market Conditions
NOI Build-Up for 3,571 SF
Gross rent
$28.7K $8.04/SF
− Vacancy
−$2.4K −$0.68/SF
EGI
$26.3K $7.36/SF
− OpEx
−$7.9K −$2.21/SF
NOI
$18.4K $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%
$367,780
Cap Rate 7%
$262,700
Cap Rate 9%
$204,322

Alternative Uses

Best Use
Retail
$737.1K
$645.0K – $860.0K (±1% cap)
NOI $51,600 @ 7.0% cap · market cap 1,877.73%
Second Best
Flex RnD
$358.1K
$313.4K – $417.8K (±1% cap)
NOI $25,068 @ 7.0% cap · market cap 912.23%
Theoretical Best
Multifamily LT 5
$39.23M
$34.33M – $45.77M (±1% cap)
NOI $2,746,182 @ 7.0% cap · market cap 99,933.84%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

King Of Kings Cuts ... Barber Shop Evolve - 24 Hour ... Gym & Fitness Center

Suggested Use

Top Pick Law Firm Real Estate Agency Bakery Grocery & Convenience Store Storage Facility Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,007
Businesses Nearby
Under-served
Demand for This Use

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 Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • MAMA CHELA ANTOJITOS Y MAS — 1604 E Crestwood Dr, Victoria, TX 77901

Frequently Asked Questions

What type of property is this?
Flex space - Remodeled shopping center space along North Navarro Street offers a flexible commercial layout for multiple business formats.
Where is this flex space located?
The property is located at 3706 N Navarro Street 500 Victoria, TX.
What are key features of this property?
This property features: 3,571 SF of flexible commercial space in Suite 800; Rear bay door supports deliveries, storage, and operations; Newly remodeled shopping center at 3706 N Navarro Street
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