Historic Mixed-Use
For Sale
$225,000
607 N Bridge, Victoria, TX 77901
Downtown Victoria property with original wood floors, generous ceiling height, and multiple flexible interior spaces.
Property Size1,129 SF
Price / SF$199.29
Days on Market80
Property Features for 607 N Bridge
General Information
Standard status
Active
Size
1,129 SF
Amenities
original wood floors
high ceilings
spacious rooms
abundant natural light
welcoming front porch
enclosed sunroom
Listing Agency:
Keller Williams Brazos West - VAAR
(817) 279-6996
Listed By:
Tracy Post Gore · License #0589069
(361) 550-1965
Source:
Cornerstone-properties
Added: Jul 20
Changed: Sep 9
Last Checked: Oct 5 at 6:29PM
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 Keller Williams Brazos West - VAAR
Investment Insights
Based on property information with market context.
This historic mixed-use property at 607 N Bridge in Victoria combines adaptable interior space with period character. Original wood floors, high ceilings, spacious rooms, and abundant natural light define the interior. A front porch and enclosed sunroom add additional usable areas and extend the property’s architectural appeal.
The downtown setting supports a range of potential applications identified for the property, including professional office use, a boutique business, short-term rental use, or a private residence. Ample off-street parking is also included, providing a practical feature for occupants and visitors.
The downtown setting supports a range of potential applications identified for the property, including professional office use, a boutique business, short-term rental use, or a private residence. Ample off-street parking is also included, providing a practical feature for occupants and visitors.
Key Highlights
- Historic property at 607 N Bridge in downtown Victoria, TX 77901
- Original wood floors and high ceilings
- Spacious rooms with abundant natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,885
Cap Rate
8.39%
Suggested Prices Based on Cap Rates
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
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 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 342.20%
Second Best
Office B
$269.8K
$236.1K – $314.8K
NOI $18,885 @ 7.0% cap · market cap 8.39%
Theoretical Best
Multifamily LT 5
$12.40M
$10.85M – $14.47M
NOI $868,227 @ 7.0% cap · market cap 385.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Downtown Victoria property with original wood floors, generous ceiling height, and multiple flexible interior spaces.
Where is this mixed-use property located?
The property is located at 607 N Bridge Victoria, TX.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Historic property at 607 N Bridge in downtown Victoria, TX 77901; Original wood floors and high ceilings; Spacious rooms with abundant natural light
