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    1002 Victoria Rd Refugio, TX 78377

    Sponsored
    For Sale
    $499,000

    Turnkey Restaurant, High Traffic Area, Owner Financing

    Property size:
    5,486 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5,486 square foot restaurant, located at 1002 Victoria Rd in Refugio, Texas, presents a unique investment opportunity. Built in 1968 and completely remodeled in 2019, this single-story property boasts updated plumbing, electrical systems, fresh paint, new flooring, and a durable metal roof. The asking price is $499,000, translating to $90.96 per square foot. Situated on Highway 77/Victoria Rd, the property benefits from high visibility and significant traffic flow, drawing from major Texas cities including Austin, Houston, San Antonio, and Corpus Christi. The strategic location on the future Interstate 59 corridor promises even greater exposure and growth potential. Currently configured as a restaurant, this versatile space is adaptable to a variety of commercial uses, including retail, industrial, or other trade-related businesses. The property features ample on-site parking, three-phase power, and high-speed internet access, ensuring operational efficiency. Attractive owner financing options are available, making this an even more compelling proposition for prospective buyers. The property's APN is 197601, and the zip code is 78377. This is a rare chance to acquire a well-maintained, strategically located commercial property in a thriving Texas market.

    Property Features for 1002 Victoria Rd

    General Information

    Property type
    Restaurants
    Square Feet
    5,486 SF

    Building Details

    Year Built/Renovated
    1968/2019
    Stories
    1

    HighLights

    • 5,486 SF restaurant building, completely remodeled in 2019, located on Hwy 77/Victoria Rd in Refugio, TX.
    • Features three‑phase power.
    • High‑traffic location on a major highway, offering excellent visibility and access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Refugio
    County
    Refugio
    State
    Texas
    Longitude
    -97.2682484
    Latitude
    28.3197289

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    FAQs

    What type of property is this?
    Restaurant - Turnkey Restaurant, High Traffic Area, Owner Financing
    Where is this restaurant located?
    The property is located at 1002 Victoria Rd Refugio, TX.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: 5,486 SF restaurant building, completely remodeled in 2019, located on Hwy 77/Victoria Rd in Refugio, TX.; Features three-phase power.; High-traffic location on a major highway, offering excellent visibility and access.
    Request Owner's contact information
    1002 Victoria Rd Refugio, TX 78377
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    Refugio, TX 78377
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1002 Victoria Rd Refugio, TX 78377
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