Storefront Property with On-Site
For Sale
$4,790,000
4705 N Navarro Street, Victoria, TX 77904
COMMERCIAL - Victoria, TX
Property Size12,760 SF
Lot Size2.00 Acres
Price / SF$375.39
Days on Market475
Property Features for 4705 N Navarro Street
General Information
Property type
Commercial Sale
Property subtype
Other
Security features
Security
Interior features
Storage
Exterior features
Lighting
Subdivision
T S C Industries Sub
Lot features
One To Three Acres
Elementary school district
Victoria ISD
Middle school district
Victoria ISD
High school district
Victoria ISD
Directions
From Zac Lentz Parkway head south on Navarro appx 1.8 miles. Property located on the right hand side at the light.
Standard status
Active
APN
76491
Size
12,760 SF
Lot size
2.00 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
T S C INDUSTRIES SUBD LOT 1 BLOCK 1
Tax Annual Amount
47087
Legal Description
T S C INDUSTRIES SUBD LOT 1 BLOCK 1
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
1988
Floors in Building
2
Flooring type
Wood, Carpet
Building materials
Brick, MetalFrame
Roof type
Metal
Additional Structures
Storage
Listing Agency:
RE/MAX Land & Homes · RE/MAX International
(361) 573-0444
Listed By:
Jamie Powell · License #0660061
(361) 703-7777
Added: Apr 23, 2025
Changed: Aug 8
Last Checked: Aug 10 at 6:06PM
MLS# 575847
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.
Storefront property offering approximately 12,760 square feet of versatile commercial space, supported by an on-site parking lot and interior storage. The exterior includes lighting, and the building is constructed with brick and a metal frame. Flooring consists of wood and carpet. Heating is electric, with central heating, and cooling includes central air electric. The roof is metal, and the property was built in 1988.
The site is located at a four-way traffic light on N Navarro Street in Victoria, TX, providing straightforward visibility and accessibility for customers and staff. Water service is public, and sewer is provided by public sewer.
This is a ready-to-operate configuration for an established business or a new tenant seeking a retail-oriented layout with practical site and building essentials already in place.
The site is located at a four-way traffic light on N Navarro Street in Victoria, TX, providing straightforward visibility and accessibility for customers and staff. Water service is public, and sewer is provided by public sewer.
This is a ready-to-operate configuration for an established business or a new tenant seeking a retail-oriented layout with practical site and building essentials already in place.
Key Highlights
- Approximately 12,760 square feet storefront property
- On‑site parking lot for customer and staff convenience
- Located at a four‑way traffic light on N Navarro Street
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
$184,378
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
3.85%
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%
$3,687,560
$3.7M
Cap Rate 7%
$2,633,971
$2.6M
Cap Rate 9%
$2,048,644
$2.0M
Market Conditions
NOI Build-Up for 12,760 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
$280.2K $21.96/SF
− Vacancy
−$16.8K −$1.32/SF
EGI
$263.4K $20.64/SF
− OpEx
−$79.0K −$6.19/SF
NOI
$184.4K $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%
$3,687,560
Cap Rate 7%
$2,633,971
Cap Rate 9%
$2,048,644
Alternative Uses
Best Use
Retail
$2.63M
$2.30M – $3.07M
NOI $184,378 @ 7.0% cap · market cap 3.85%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$140.18M
$122.66M – $163.55M
NOI $9,812,736 @ 7.0% cap · market cap 204.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
176
Businesses Nearby
130k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 57%
Apparel 18%
Home Improvements & Furnishings 14%
Shops & Services 9%
Sam's Club
Superstores
74,756 visits/mo
0.5 miles
Cavender's Boot City
Apparel
23,664 visits/mo
0.4 miles
Tractor Supply Co.
Home Improvements & Furnishings
16,229 visits/mo
0.3 miles
Discount Tire Store
Shops & Services
7,735 visits/mo
0.4 miles
O'Reilly Auto Parts
Shops & Services
4,558 visits/mo
0.3 miles
Demographics for 77904, TX
29,646
Population
12,822
Households
2.3
Avg Household Size
39
Median Age
27%
College-Educated
93%
High-School Grad
109.9 sq mi
ZIP Area
270
Density / Sq Mi
$86,821
Median Household Income
$44,632
Median Earnings
$1,272
Median Rent
$237,900
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.
Similar Off Market Nearby
- Expressions Floral & Gifts — 3809 N Main St, Victoria, TX 77901
- Victoria Flower Co. — 4705 N Navarro St #200, Victoria, TX 77904
- Catoosa Flowers — 5213 N Navarro St, Victoria, TX 77904
Frequently Asked Questions
What type of property is this?
Storefront property - Storefront space built for operation with central air, public utilities, and an on-site parking lot at a four-way traffic light.
Where is this storefront property located?
The property is located at 4705 N Navarro Street Victoria, TX.
What is the asking price?
The asking price for this property is $4,790,000.
What are key features of this property?
This property features: Approximately 12,760 square feet storefront property; On‑site parking lot for customer and staff convenience; Located at a four‑way traffic light on N Navarro Street
