Flex Space with
For Sale
$479,900
506 E Rosebud Ave, Victoria, TX 77901
Renovated offices connect to climate-controlled warehouse space with overhead access.
Property Size5,477 SF
Price / SF$87.62
Days on Market8
Property Features for 506 E Rosebud Ave
General Information
Standard status
Active
Size
5,477 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Conditioned Warehouse
Yes
Building Details
Building Size
5,477 SF
Year Built
1955
Stories
1
Construction
metal frame
Listing Agency:
The Ron Brown Company
Listed By:
Jake Truss · License #730168
(361) 550-7878
Source:
Elliman
Added: Oct 9
Changed: Oct 16
Last Checked: Oct 16 at 10:33AM
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
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Investment Insights
Based on property information with market context.
This 5,477-square-foot flex property combines multiple offices with an attached, climate-controlled warehouse. The office layout can be adapted, and the building includes two bathrooms, one with a tiled shower. Interior and building improvements include flake epoxy flooring, updated plumbing and electrical, spray foam insulation, metal siding, and a metal roof.
Located at 506 E Rosebud Ave in Victoria, the property is directly off Navarro, also identified as Business Hwy 77. Two overhead doors serve the warehouse, and the site has more than 20 parking spaces. The building was constructed in 1955 and has undergone a full renovation.
Located at 506 E Rosebud Ave in Victoria, the property is directly off Navarro, also identified as Business Hwy 77. Two overhead doors serve the warehouse, and the site has more than 20 parking spaces. The building was constructed in 1955 and has undergone a full renovation.
Key Highlights
- 5,477 sq.ft of commercial flex space
- Attached climate‑controlled warehouse with two overhead doors
- Multiple offices with room to reconfigure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,449
Cap Rate
8.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$768,980
$769.0K
Cap Rate 7%
$549,271
$549.3K
Cap Rate 9%
$427,211
$427.2K
Market Conditions
NOI Build-Up for 5,477 SF
Gross rent
$65.7K $12.00/SF
− Vacancy
−$6.6K −$1.20/SF
EGI
$59.2K $10.80/SF
− OpEx
−$20.7K −$3.78/SF
NOI
$38.4K $7.02/SF
Area
Victoria County, TX
Vacancy
10.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$768,980
Cap Rate 7%
$549,271
Cap Rate 9%
$427,211
Alternative Uses
Best Use
Flex RnD
$549.3K
$480.6K – $640.8K
NOI $38,449 @ 7.0% cap · market cap 8.01%
Second Best
Warehouse
$489.3K
$428.1K – $570.8K
NOI $34,248 @ 7.0% cap · market cap 7.14%
Theoretical Best
Multifamily LT 5
$60.17M
$52.65M – $70.20M
NOI $4,211,940 @ 7.0% cap · market cap 877.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
892
Businesses Nearby
Under-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
Similar Off Market Nearby
- MAMA CHELA ANTOJITOS Y MAS — 1604 E Crestwood Dr, Victoria, TX 77901
Frequently Asked Questions
What type of property is this?
Flex space - Renovated offices connect to climate-controlled warehouse space with overhead access.
Where is this flex space located?
The property is located at 506 E Rosebud Ave Victoria, TX.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: 5,477 sq.ft of commercial flex space; Attached climate‑controlled warehouse with two overhead doors; Multiple offices with room to reconfigure
