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Flex Space with Climate-Controlled Warehouse
New
For Sale
$479,900

506 E Rosebud Avenue, Victoria, TX 77901

CommercialSale, Victoria, TX

Property Size5,477 SF
Lot Size0.30 Acres
Price / SF$87.62
Days on Market1

Property Features for 506 E Rosebud Avenue

General Information

Property type Commercial Sale
Property subtype Other
Parking features Garage, Special Needs
Accessibility Accessible Approach with Ramp
Subdivision Crestwood South Add
Lot features City Lot, Quarter To Half Acre Lot
Directions When headed north on Navarro, turn right onto Rosebud and property is immediately on the left
Standard status Active
APN 20419394
Size 5,477 SF
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CRESTWOOD SOUTH ADD RESUBD NO 6, BLOCK C, LOT 2R
Tax Annual Amount 1865
Legal Description CRESTWOOD SOUTH ADD RESUBD NO 6, BLOCK C, LOT 2R

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1955
Floors in Building 1
Flooring type Concrete
Building materials MetalFrame, MetalSiding
Roof type Metal
Listing Agency: The Ron Brown Company
Listed By: Jake Truss · License #0730168
Added: Oct 7 Last Checked: Oct 7 at 7:06PM
MLS# 627259

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 5,477-square-foot flex property occupies a 0.3-acre parcel and combines multiple offices with an attached, climate-controlled warehouse. The interior has flake epoxy flooring and modern fixtures. The building includes two bathrooms, one with a tiled shower, along with two overhead doors. Metal framing, metal siding, a metal roof, and spray foam insulation are among its construction features; plumbing, electrical, and building systems have been updated. The property was built in 1955 and has undergone a full remodel.

At 506 E Rosebud Avenue in Victoria, the property is directly off Navarro, also identified as Business Hwy 77. On-site parking accommodates more than 20 vehicles, and an approach ramp is provided. Public water and sewer serve the property. Its office and warehouse components offer distinct work and storage areas within one commercial building.

Key Highlights

  • 5,477‑square‑foot flex property on a 0.3‑acre parcel
  • Attached climate‑controlled warehouse with two overhead doors
  • Multiple offices and two bathrooms, including one with a tiled shower

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 (±1% cap)
NOI $38,449 @ 7.0% cap · market cap 8.01%
Second Best
Warehouse
$489.3K
$428.1K – $570.8K (±1% cap)
NOI $34,248 @ 7.0% cap · market cap 7.14%
Theoretical Best
Multifamily LT 5
$60.17M
$52.65M – $70.20M (±1% cap)
NOI $4,211,940 @ 7.0% cap · market cap 877.67%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Suggested Use

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

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

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

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
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Flex space - Multiple offices, two bathrooms, and on-site parking support a variety of commercial configurations.
Where is this flex space located?
The property is located at 506 E Rosebud Avenue 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‑square‑foot flex property on a 0.3‑acre parcel; Attached climate‑controlled warehouse with two overhead doors; Multiple offices and two bathrooms, including one with a tiled shower
More about this property
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