Industrial Flex Property with
For Sale
$3,350,000
5500 Moody Street, Victoria, TX 77905
CommercialSale, Victoria, TX
Property Size26,570 SF
Lot Size29.33 Acres
Price / SF$126.08
Days on Market104
Property Features for 5500 Moody Street
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
Acreage, Outside City Limits
Directions
East toward Victoria from Intersection of 77 and 59 1.1 miles on the left. From Victoria on Hwy 59 approx. 4 miles from Guadalupe River bridge.
Standard status
Active
APN
31589
Size
26,570 SF
Lot size
29.33 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
00870 R MANCHOLA ABST 87 TRACT 10, ACRES 29.334, (.164 AC IN ABST 128)
Legal Description
00870 R MANCHOLA ABST 87 TRACT 10, ACRES 29.334, (.164 AC IN ABST 128)
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
2012
Floors in Building
1
Flooring type
Concrete
Building materials
MetalFrame
Roof type
Metal
Listing Agency:
Woolson Real Estate Inc
(361) 578-3623
Listed By:
Nancy J Garner · License #0319521
(361) 571-0161
Added: May 21
Changed: Aug 25
Last Checked: Sep 1 at 12:06PM
MLS# 613465
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 three-building flex property totals 26,570 square feet on 29.334 acres and includes office, warehouse, shop, and crew-quarter configurations. Building 1 combines a reception area, seven offices, restrooms, kitchen, conference room, supply storage, and a warehouse with six drive-through doors. The warehouse also includes a paint booth, locked storage cage, IT room, utility areas, shop heaters, and retractable air hoses.
The second building provides a 100 x 28-foot structure, two 12' x 12' doors, and a 50' x 28' covered concrete area. Building 3 includes three offices or crew quarters, a kitchen, conference room, bathroom with shower, an 80 x 76-foot shop, pass-through doors, a 15 Ton crane on rail, secured storage, loft space, and covered work areas. The site is security fenced with an electric gate and stabilized yard. It fronts Highway 59 and is 1.1 miles from the Highway 77 and Highway 59 intersection. Public water and sewer serve the property, with 200-amp, 3-phase electrical service at each building.
The second building provides a 100 x 28-foot structure, two 12' x 12' doors, and a 50' x 28' covered concrete area. Building 3 includes three offices or crew quarters, a kitchen, conference room, bathroom with shower, an 80 x 76-foot shop, pass-through doors, a 15 Ton crane on rail, secured storage, loft space, and covered work areas. The site is security fenced with an electric gate and stabilized yard. It fronts Highway 59 and is 1.1 miles from the Highway 77 and Highway 59 intersection. Public water and sewer serve the property, with 200-amp, 3-phase electrical service at each building.
Key Highlights
- 29.334 acres with 26,570 square feet across 3 buildings
- Highway 59 frontage, 1.1 miles from the Hwy 77 and Hwy 59 Intersection
- Building 1 warehouse has 6 drive through doors measuring 16w x 24h
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
$186,521
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
5.57%
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%
$3,730,420
$3.7M
Cap Rate 7%
$2,664,586
$2.7M
Cap Rate 9%
$2,072,456
$2.1M
Market Conditions
NOI Build-Up for 26,570 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
$318.8K $12.00/SF
− Vacancy
−$31.9K −$1.20/SF
EGI
$287.0K $10.80/SF
− OpEx
−$100.4K −$3.78/SF
NOI
$186.5K $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 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%
$3,730,420
Cap Rate 7%
$2,664,586
Cap Rate 9%
$2,072,456
Alternative Uses
Best Use
Office B
$6.35M
$5.56M – $7.41M
NOI $444,437 @ 7.0% cap · market cap 13.27%
Second Best
Flex RnD
$2.66M
$2.33M – $3.11M
NOI $186,521 @ 7.0% cap · market cap 5.57%
Theoretical Best
Multifamily LT 5
$291.90M
$255.41M – $340.55M
NOI $20,432,946 @ 7.0% cap · market cap 609.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
10
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
19
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Three-building flex property with offices, warehouse space, secured yard, and heavy-duty shop improvements.
Where is this flex space located?
The property is located at 5500 Moody Street Victoria, TX.
What is the asking price?
The asking price for this property is $3,350,000.
What are key features of this property?
This property features: 29.334 acres with 26,570 square feet across 3 buildings; Highway 59 frontage, 1.1 miles from the Hwy 77 and Hwy 59 Intersection; Building 1 warehouse has 6 drive through doors measuring 16w x 24h
