Industrial Warehouse with
New
For Sale
$740,000
4603 E Juan Linn St, Victoria, TX 77901
The property pairs a high-bay shop with finished offices, a gravel yard, and covered exterior work space.
Property Size8,700 SF
Lot Size3.00 Acres
Price / SF$73.41
Days on Market2
Property Features for 4603 E Juan Linn St
General Information
Standard status
Active
Size
8,700 SF
Lot size
3.00 Acres
Property subtype
Commercial
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Warehouse Space
8,280 SF
Office Build-Out
1,800 SF
Drive-In Doors
9
Building Details
Building Size
8,700 SF
Year Built
2008
Stories
1
Construction
steel
Listing Agency:
The Ron Brown Company
Listed By:
Jake Truss · License #730168
(361) 550-7878
Source:
Elliman
Added: Sep 26
Last Checked: Sep 26 at 2:14PM
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 The Ron Brown Company
Investment Insights
Based on property information with market context.
Built in 2008, this industrial property sits on just over 3 acres and contains approximately 10,080 SF under roof. The building includes an 8,280 SF shop and approximately 1,800 SF of finished office space. Nine overhead door openings—five on one side and four on the other—serve the shop. Office improvements include reception, private offices, a conference room, break room, and restrooms. Outside, a gravel yard and covered work and storage area add functional space.
The property is in Victoria, Texas, just off the US-59/I-69 corridor. It is occupied by an oilfield-services company that recently renewed its lease.
The property is in Victoria, Texas, just off the US-59/I-69 corridor. It is occupied by an oilfield-services company that recently renewed its lease.
Key Highlights
- Just over 3 acres in Victoria, Texas
- Approximately 10,080 SF under roof, including an 8,280 SF shop and approximately 1,800 SF of finished office space
- Nine overhead door openings: five on one side and four on the opposite side
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
$63,031
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
8.52%
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%
$1,260,620
$1.3M
Cap Rate 7%
$900,443
$900.4K
Cap Rate 9%
$700,344
$700.3K
Market Conditions
NOI Build-Up for 10,080 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
$81.0K $8.04/SF
− Vacancy
−$6.9K −$0.68/SF
EGI
$74.2K $7.36/SF
− OpEx
−$11.1K −$1.10/SF
NOI
$63.0K $6.25/SF
Area
Victoria County, TX
Vacancy
8.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
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%
$1,260,620
Cap Rate 7%
$900,443
Cap Rate 9%
$700,344
Alternative Uses
Best Use
Flex RnD
$1.01M
$884.5K – $1.18M
NOI $70,762 @ 7.0% cap · market cap 9.56%
Second Best
Warehouse
$900.4K
$787.9K – $1.05M
NOI $63,031 @ 7.0% cap · market cap 8.52%
Theoretical Best
Multifamily LT 5
$110.74M
$96.90M – $129.20M
NOI $7,751,754 @ 7.0% cap · market cap 1,047.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
9
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
75
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - The property pairs a high-bay shop with finished offices, a gravel yard, and covered exterior work space.
Where is this warehouse located?
The property is located at 4603 E Juan Linn St Victoria, TX.
What is the asking price?
The asking price for this property is $740,000.
What are key features of this property?
This property features: Just over 3 acres in Victoria, Texas; Approximately 10,080 SF under roof, including an 8,280 SF shop and approximately 1,800 SF of finished office space; Nine overhead door openings: five on one side and four on the opposite side
