Auto Shop with Six
For Sale
$585,000
4005 N Navarro Street, Victoria, TX 77901
CommercialSale, Victoria, TX
Property Size4,014 SF
Lot Size0.50 Acres
Price / SF$145.74
Days on Market116
Property Features for 4005 N Navarro Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Special Needs
Subdivision
Vanstory Sub #1
Lot features
City Lot, Less Than Quarter Acre
Directions
Head south down N Navarro, property will be on the right side between Brake Check and Venturas
Standard status
Active
APN
146590
Size
4,014 SF
Lot size
0.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
VANSTORY SUBD #1 LOT 1 BLOCK 1
Tax Annual Amount
8123
Legal Description
VANSTORY SUBD #1 LOT 1 BLOCK 1
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1997
Floors in Building
1
Flooring type
Carpet, Tile
Building materials
MetalFrame, MetalSiding
Listing Agency:
The Ron Brown Company
(361) 575-1446
Listed By:
The Petry Realty Group
(361) 571-4769
Added: May 16
Changed: Sep 8
Last Checked: Sep 8 at 2:06PM
MLS# 613139
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 4,014-square-foot automotive facility was constructed in 1997 on 0.502 acres and includes six bay doors for vehicle intake and service operations. The building is equipped with six lifts, comprising three Rotary lifts and three automotive lifts. Metal-frame construction with metal siding, tile and carpet flooring, central heating, and central air conditioning are also in place.
The property is located at 4005 N Navarro Street in Victoria, Texas, with reported daily traffic of more than 31,000 vehicles. Public water and public sewer serve the site, supporting its established commercial use and existing automotive improvements.
The property is located at 4005 N Navarro Street in Victoria, Texas, with reported daily traffic of more than 31,000 vehicles. Public water and public sewer serve the site, supporting its established commercial use and existing automotive improvements.
Key Highlights
- 6 bay doors support vehicle intake and service operations
- Six total lifts: 3 Rotary lifts and 3 automotive lifts
- 4,014‑square‑foot facility on 0.502 acres
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,671
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.53%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$413,420
$413.4K
Cap Rate 7%
$295,300
$295.3K
Cap Rate 9%
$229,678
$229.7K
Market Conditions
NOI Build-Up for 4,014 SF
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.
Gross rent
$32.3K $8.04/SF
− Vacancy
−$2.7K −$0.68/SF
EGI
$29.5K $7.36/SF
− OpEx
−$8.9K −$2.21/SF
NOI
$20.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$413,420
Cap Rate 7%
$295,300
Cap Rate 9%
$229,678
Alternative Uses
Best Use
Retail
$828.6K
$725.0K – $966.7K
NOI $58,001 @ 7.0% cap · market cap 9.91%
Second Best
Industrial
$295.3K
$258.4K – $344.5K
NOI $20,671 @ 7.0% cap · market cap 3.53%
Theoretical Best
Multifamily LT 5
$44.10M
$38.59M – $51.45M
NOI $3,086,859 @ 7.0% cap · market cap 527.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
6
Service bays
31,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
671
Businesses Nearby
96k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 69%
Shops & Services 19%
Home Improvements & Furnishings 12%
Whataburger
Dining
16,956 visits/mo
0.2 miles
Wendy's
Dining
9,992 visits/mo
0.4 miles
Bush's Chicken
Dining
9,938 visits/mo
0.1 miles
Grandy's
Dining
8,983 visits/mo
0.1 miles
Harbor Freight Tools
Home Improvements & Furnishings
8,974 visits/mo
0.4 miles
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Auto shop - Purpose-built automotive facility with multiple lifts, public utilities, and direct exposure along N Navarro Street.
Where is this auto shop located?
The property is located at 4005 N Navarro Street Victoria, TX.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: 6 bay doors support vehicle intake and service operations; Six total lifts: 3 Rotary lifts and 3 automotive lifts; 4,014‑square‑foot facility on 0.502 acres
