Turnkey Industrial Facility in
For Sale
$2,000,000
400 Warehouse Road, Victoria, TX 77905
Custom-built industrial facility designed for manufacturing and warehouse use.
Property Size14,046 SF
Lot Size5.01 Acres
Price / SF$142.39
Days on Market665
Property Features for 400 Warehouse Road
General Information
Standard status
Active
Size
14,046 SF
Lot size
5.01 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
2005
Listing Agency:
Keller Williams Brazos West
(361) 550-1965
Listed By:
Tracy Gore · License #0589069
(361) 550-1965
Source:
Exitrealty
Added: Oct 9, 2024
Changed: Jul 6
Last Checked: Aug 4 at 6:36AM
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 Keller Williams Brazos West
Investment Insights
Based on property information with market context.
This commercial property, formerly Lawrence Furniture Company, is a turnkey industrial facility located on the west side of Victoria. Constructed in 2005, the property features a steel frame and slab foundation, optimized for manufacturing and warehouse operations. The improved space encompasses 14,046 square feet, situated on 5.01 fenced acres. The property includes multiple buildings and office areas, designed for workflow, storage, and security. It features concrete flooring throughout, handicap accessibility, and robust lighting and security systems. The site provides 16 or more parking spaces. Located just off Business 59, the property offers convenient access to major routes. The property is designed to support long-term growth, and is move-in ready. Equipment, vehicles, machinery, and inventory are included.
Key Highlights
- Turnkey commercial opportunity with equipment, vehicles, machinery, and inventory included.
- 14,046 sq ft of improved space designed for workflow, storage, and security.
- Situated on 5.01 fenced acres, suitable for manufacturing or warehouse use.
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $112.9k | $8.04 |
| − Vacancy | −$9.6k | −$0.68 |
| EGI | $103.3k | $7.36 |
| − OpEx | −$31.0k | −$2.21 |
| NOI | $72.3k | $5.15 |
14,046 SF · lease $8.04/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.03M
$904.2K – $1.21M
NOI $72,332 @ 7.0% cap · market cap 3.62%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$154.31M
$135.02M – $180.03M
NOI $10,801,700 @ 7.0% cap · market cap 540.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
54
Businesses Nearby
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Custom-built industrial facility designed for manufacturing and warehouse use.
Where is this manufacturing property located?
The property is located at 400 Warehouse Road Victoria, TX.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Turnkey commercial opportunity with equipment, vehicles, machinery, and inventory included.; 14,046 sq ft of improved space designed for workflow, storage, and security.; Situated on 5.01 fenced acres, suitable for manufacturing or warehouse use.
