Historic Office Unit with Front
For Sale
$279,000
607 N Bridge, Victoria, TX 77901
CommercialSale, Victoria, TX
Property Size1,129 SF
Lot Size0.32 Acres
Price / SF$247.12
Days on Market131
Property Features for 607 N Bridge
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Garage, Special Needs
Accessibility
Accessible Approach with Ramp
Lot features
City Lot, Quarter To Half Acre Lot
Directions
From Downtown Victoria (near DeLeon Plaza area). Head north on N Main St / Business US-77. Turn left onto W Stayton Ave. Continue a few of blocks. Turn right onto N Bridge St. Drive about 1-2 blocks. ?? 607 N Bridge St will be on your left (corner of Bridge & North St).
Standard status
Active
APN
134207
Size
1,129 SF
Lot size
0.32 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
VICTORIA RESUB TIF 14590 EXEMPT LOT 4R BLOCK 104
Legal Description
VICTORIA RESUB TIF 14590 EXEMPT LOT 4R BLOCK 104
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
original wood floors
high ceilings
spacious rooms
abundant natural light
front porch
enclosed sunroom
Building Details
Year built
1930
Floors in Building
1
Flooring type
Carpet, Hardwood
Building materials
VinylSiding
Roof type
Shingle, Composition
Listing Agency:
Keller Williams Brazos West - VAAR · Keller Williams Realty
(817) 279-6996
Listed By:
Tracy Post Gore · License #0589069
(361) 550-1965
Added: Apr 15
Changed: Aug 20
Last Checked: Aug 23 at 11:06AM
MLS# 610731
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.
Built in 1930, this 1,129-square-foot office property combines period character with practical flexibility. The layout includes spacious rooms, high ceilings, original wood flooring, carpeted areas, and abundant natural light. A front porch and enclosed sunroom add usable gathering or reception space, while central heating and central air support year-round comfort.
The property occupies 0.32 acres at 607 N Bridge in Victoria, Texas, within the 77901 postal area. Parking includes a garage and additional off-street capacity, with an accessible approach and ramp. Public water and public sewer serve the property. The building has vinyl siding and a shingle/composition roof.
The property information identifies potential use for professional offices, a boutique business, short-term rental, or private residence, subject to applicable requirements.
The property occupies 0.32 acres at 607 N Bridge in Victoria, Texas, within the 77901 postal area. Parking includes a garage and additional off-street capacity, with an accessible approach and ramp. Public water and public sewer serve the property. The building has vinyl siding and a shingle/composition roof.
The property information identifies potential use for professional offices, a boutique business, short-term rental, or private residence, subject to applicable requirements.
Key Highlights
- 1,129‑square‑foot office property built in 1930
- 0.32‑acre property at 607 N Bridge, Victoria, TX 77901
- Original wood floors, high ceilings, spacious rooms, and abundant natural light
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
$18,885
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
6.77%
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%
$377,700
$377.7K
Cap Rate 7%
$269,786
$269.8K
Cap Rate 9%
$209,833
$209.8K
Market Conditions
NOI Build-Up for 1,129 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
$34.7K $30.72/SF
− Vacancy
−$9.5K −$8.42/SF
EGI
$25.2K $22.30/SF
− OpEx
−$6.3K −$5.58/SF
NOI
$18.9K $16.73/SF
Area
Victoria County, TX
Vacancy
27.40%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
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%
$377,700
Cap Rate 7%
$269,786
Cap Rate 9%
$209,833
Alternative Uses
Best Use
Apartment 5plus
$11.00M
$9.62M – $12.83M
NOI $769,950 @ 7.0% cap · market cap 275.97%
Second Best
Office B
$269.8K
$236.1K – $314.8K
NOI $18,885 @ 7.0% cap · market cap 6.77%
Theoretical Best
Multifamily LT 5
$12.40M
$10.85M – $14.47M
NOI $868,227 @ 7.0% cap · market cap 311.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,244
Businesses Nearby
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
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?
Office units - 1930 office property with adaptable rooms, natural light, a sunroom, and off-street parking near downtown.
Where is this office units located?
The property is located at 607 N Bridge Victoria, TX.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: 1,129‑square‑foot office property built in 1930; 0.32‑acre property at 607 N Bridge, Victoria, TX 77901; Original wood floors, high ceilings, spacious rooms, and abundant natural light
