Prime Commercial Property For
For Sale
$1,800,000
4202 N Navarro St, Victoria, TX 77901
Commercial property with high traffic, spacious seating, and ample parking.
Property Size11,099 SF
Lot Size0.99 Acres
Days on Market268
Property Features for 4202 N Navarro St
General Information
Standard status
Active
Size
11,099 SF
Lot size
0.99 Acres
Property subtype
Commercial
Building Details
Building Size
11,099 SF
Year Built
1983
Stories
1
Listing Agency:
RE/MAX Land & Homes
(361) 703-7777
Listed By:
Jamie Powell · License #0660061
(361) 703-7777
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 8
Last Checked: Aug 8 at 5:53AM
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
Investment Insights
Based on property information with market context.
This commercial property is located in a sought-after area with high traffic. It features a spacious seating area suitable for accommodating large crowds, along with a private party room that includes men's and women's restrooms. The fully equipped kitchen is complete with a walk-in cooler and freezer, and multiple storage rooms. A large parking lot provides ample parking for customers and staff.
Key Highlights
- High‑traffic location ideal for business.
- Spacious seating area suitable for large crowds.
- Fully equipped kitchen with walk‑in cooler and freezer.
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
$160,377
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
8.91%
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%
$3,207,540
$3.2M
Cap Rate 7%
$2,291,100
$2.3M
Cap Rate 9%
$1,781,967
$1.8M
Market Conditions
NOI Build-Up for 11,099 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
$243.7K $21.96/SF
− Vacancy
−$14.6K −$1.32/SF
EGI
$229.1K $20.64/SF
− OpEx
−$68.7K −$6.19/SF
NOI
$160.4K $14.45/SF
Area
Victoria County, TX
Vacancy
6.00%
Lease Rate
$21.96 /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%
$3,207,540
Cap Rate 7%
$2,291,100
Cap Rate 9%
$1,781,967
Alternative Uses
Best Use
Specialty Retail
$2.82M
$2.47M – $3.29M
NOI $197,385 @ 7.0% cap · market cap 10.97%
Second Best
Retail
$2.29M
$2.00M – $2.67M
NOI $160,377 @ 7.0% cap · market cap 8.91%
Theoretical Best
Multifamily LT 5
$121.93M
$106.69M – $142.26M
NOI $8,535,388 @ 7.0% cap · market cap 474.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
884
Businesses Nearby
140k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 70%
Shops & Services 21%
Home Improvements & Furnishings 8%
Texas Roadhouse
Dining
32,506 visits/mo
0.5 miles
Whataburger
Dining
16,956 visits/mo
0.1 miles
Wendy's
Dining
9,992 visits/mo
0.4 miles
Bush's Chicken
Dining
9,938 visits/mo
0.2 miles
TDECU
Shops & Services
9,859 visits/mo
0.5 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?
Restaurant - Commercial property with high traffic, spacious seating, and ample parking.
Where is this restaurant located?
The property is located at 4202 N Navarro St Victoria, TX.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: High‑traffic location ideal for business.; Spacious seating area suitable for large crowds.; Fully equipped kitchen with **walk‑in cooler and freezer**.
