Fenced Flex Industrial
512 Hartman Road, Victoria, TX 77905
For Sale
$495,000
Under Contract
CommercialSale, Victoria, TX
Property Size4,850 SF
Lot Size0.91 Acres
Price / SF$102.06
Days on Market50
Property Features for 512 Hartman Road
General Information
Property type
Property subtype
Exterior features
Accessibility
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Legal Description
Utilities
Sewer type
Heating system
Water source
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Listing Agency:
Woolson Real Estate Inc
(361) 578-3623
Listed By:
Nancy J Garner · License TX #0319521
(361) 571-0161
Added: Sep 22
Changed: Oct 27
Last Checked: Nov 10 at 7:06AM
MLS# 623672
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.
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Investment Insights
Based on property information with market context.
Built in 2013, this 4,850-square-foot metal-frame flex facility occupies 0.905 acres and combines a front lobby or retail area with a service-oriented shop. The front area includes a utility sink, restroom, VCT flooring, and a suspended ceiling. The shop offers four manual overhead doors, approximately 12 feet of clearance at the eaves with a 14-foot peak, distributed electrical outlets, and two-phase power. Central electric heating, a metal roof, concrete flooring, and an accessible ramp are also in place.
The property includes approximately 12,265 square feet of concrete parking and yard area, enclosed by security fencing and supported by site lighting. Hwy 59/Future I69 is less than 1000 feet away. Public water and public sewer serve the property.
The property includes approximately 12,265 square feet of concrete parking and yard area, enclosed by security fencing and supported by site lighting. Hwy 59/Future I69 is less than 1000 feet away. Public water and public sewer serve the property.
Key Highlights
- 4,850‑square‑foot flex building on 0.905 acres
- Approximately 12,265 sq ft of concrete parking and yard area
- Four manual overhead doors measuring 12'h x 10'w
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,047
Cap Rate
6.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$680,940
$680.9K
Cap Rate 7%
$486,386
$486.4K
Cap Rate 9%
$378,300
$378.3K
Market Conditions
NOI Build-Up for 4,850 SF
Gross rent
$58.2K $12.00/SF
− Vacancy
−$5.8K −$1.20/SF
EGI
$52.4K $10.80/SF
− OpEx
−$18.3K −$3.78/SF
NOI
$34.0K $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%
$680,940
Cap Rate 7%
$486,386
Cap Rate 9%
$378,300
Alternative Uses
Best Use
Flex RnD
$486.4K
$425.6K – $567.5K
NOI $34,047 @ 7.0% cap · market cap 6.88%
Second Best
Warehouse
$433.3K
$379.1K – $505.5K
NOI $30,328 @ 7.0% cap · market cap 6.13%
Theoretical Best
Office A
$1.71M
$1.49M – $1.99M
NOI $119,426 @ 7.0% cap · market cap 24.13%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
14 ft
Clear height
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
55
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77905, TX
15,282
Population
6,854
Households
2.2
Avg Household Size
43
Median Age
17%
College-Educated
89%
High-School Grad
428.7 sq mi
ZIP Area
36
Density / Sq Mi
$81,925
Median Household Income
$43,522
Median Earnings
$1,094
Median Rent
$208,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Victoria, TX
Properties on Market for Flex space in Victoria
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Metal-frame flex facility with reception space, shop functionality, and a secured outdoor work area.
Where is this flex space located?
The property is located at 512 Hartman Road Victoria, TX.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 4,850‑square‑foot flex building on 0.905 acres; Approximately 12,265 sq ft of concrete parking and yard area; Four manual overhead doors measuring 12'h x 10'w
