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    1407 Wheeler St Victoria, TX 77901

    Sponsored
    For Sale
    $239,885

    Victoria, TX Mixed-Use Property

    Property size:
    2,420 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,420 sq ft mixed-use property, situated on a 0.3-acre corner lot in Victoria, TX (77901), presents a compelling investment opportunity. Built in 1945, this single-story building boasts a prime location between North Navarro and North Main Streets, offering high visibility and accessibility. The property features a welcoming lobby, eight versatile rooms suitable for offices or special uses, and two full bathrooms. Ample on-site parking caters to both clients and staff. Its proximity to downtown Victoria provides easy access to the area's vibrant shopping, dining, and entertainment options. The flexible layout allows for diverse business applications, from traditional office space to retail or professional services. This high-traffic location, combined with the building's strong conversion potential, makes it an ideal investment for entrepreneurs seeking a prominent presence in a thriving Texas community. The asking price is $239,885. The property is offered as a single unit and presents a rare opportunity to establish or expand a business in a desirable downtown location. This is a for-sale-by-owner opportunity.

    Property Features for 1407 Wheeler St

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,420 SF
    Lot Size
    13,068 SF

    Building Details

    Year Built
    1945
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • Corner lot (.30 acre) at North Navarro & North Main Streets, steps from downtown Victoria, maximizing visibility and foot traffic.
    • 8 office/special‑use rooms, spacious lobby, 2 full baths; adaptable for various business types.
    • Ample on‑site parking.
    • High‑traffic location between North Navarro and North Main Streets.
    • Excellent redevelopment or conversion potential.
    • Prime downtown Victoria location near shopping, dining, and entertainment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Evening Esthetics Beauty Salon Indigo Spa Suites Hair Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Victoria
    County
    Victoria
    State
    Texas
    Longitude
    -97.001057
    Latitude
    28.8082275

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    FAQs

    What type of property is this?
    Individual retail property - Victoria, TX Mixed-Use Property
    Where is this individual retail property located?
    The property is located at 1407 Wheeler St Victoria, TX.
    What is the asking price?
    The asking price for this property is $239,885.
    What are key features of this property?
    This property features: Corner lot (.30 acre) at North Navarro & North Main Streets, steps from downtown Victoria, maximizing visibility and foot traffic.; 8 office/special-use rooms, spacious lobby, 2 full baths; adaptable for various business types.; Ample on-site parking.
    Request Owner's contact information
    1407 Wheeler St Victoria, TX 77901
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    Victoria, TX 77901
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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
    1407 Wheeler St Victoria, TX 77901
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