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Auto Shop with Six Bays
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
Listed By: The Petry Realty Group
Added: May 16 Changed: Sep 8 Last Checked: Sep 8 at 4:06PM
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.

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 (±1% cap)
NOI $58,001 @ 7.0% cap · market cap 9.91%
Second Best
Industrial
$295.3K
$258.4K – $344.5K (±1% cap)
NOI $20,671 @ 7.0% cap · market cap 3.53%
Theoretical Best
Multifamily LT 5
$44.10M
$38.59M – $51.45M (±1% cap)
NOI $3,086,859 @ 7.0% cap · market cap 527.67%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Law Firm Bakery Grocery & Convenience Store Catering Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store

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

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

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Vickers Auto Services 307 E Circle St D, Victoria, TX 77901
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  • Pro Sounds 3 108 E Circle St c, Victoria, TX 77904
  • CBA Maintenance 802 E Mesquite Ln, Victoria, TX 77901

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
More about this property
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