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Property profile & analytics
OFF-MARKET
Estimated value
$1,300,000
Strip malls
5206 Navarro St Victoria, TX 77904-1703
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US82-9624514
Property summary
AI-generated overview
The Centre at Navarro, located at 5206 N Navarro St, Victoria, TX 77904, offers exceptional commercial space for lease. This 19,419 square foot property features a mix of retail, special purpose, and restaurant uses, currently configured as creative office and flex space. The property boasts a prime location on a traffic-controlled intersection with over 63,000 vehicles passing daily, situated alongside established businesses including Planet Fitness, Wingstop, Supercuts, and Nutri-Fuel. Currently, there are multiple suites available for lease, ranging from 0 to 17,000 square feet, including a vacant 3,550 square foot pad site with potential tenant build-out allowance and a 1,050 square foot unit. A pylon sign slot is also available for increased visibility. The property consists of two suites in total and does not include elevators. Flexible lease terms are negotiable. This high-traffic location provides an ideal opportunity for businesses seeking a prominent presence in Victoria, Texas. The property is categorized as retail, special purpose, and restaurant space, with creative office and flex space subtypes.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Construction
FRAME
Total area
25,500 SF
Lot
5.93 ac (258,398 SF)
APN
51427R5-001-001RA
UPID
US82-9624514
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Planet Fitness Gym & Fitness Center
-
Surfing Crab Express Victoria Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.09M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.51M
Blend (final)
Blend
$1.30M
Owner & transaction history
Aggrefund I 5206 N Navarro LLC · 3 yrs held
Aggrefund I 5206 N Navarro LLC
since 2022
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$2.0M
+72.0%
Retail stores
$1.5M
+26.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Victoria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Victoria submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$1,090,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,165,000
Current use
INDUSTRIAL (GENERAL)
$2,005,000
Change: +72% · Conversion: Difficult
RETAIL STORES
$1,470,000
Change: +26% · Conversion: Easy
Blend value · Realmo final
$1.30M
Range $1.17M – $1.43M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$51 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$111,718
Tax year 2023
Assessed value
$5,912,590
Assessed 2023
Previous assessed
$5,912,590
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$1,937,980
Assessed improvement
$3,974,610
Land market value
$1,937,980
Improvement market value
$3,974,610
Total market value
$5,912,590
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2005
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Total area
25,500 SF
Lot
5.93 ac (258,398 SF)
APN
51427R5-001-001RA
UPID
US82-9624514
Jurisdiction
VICTORIA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.2M
INDUSTRIAL (GENERAL)
Est. value
$2.0M
RETAIL STORES
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER Current
INDUSTRIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Buildings
2
Lot
5.93 ac
Current owner
From public records · entity-resolved
Aggrefund I 5206 N Navarro LLC
Entity
Mailing address
4800 N NAVARRO ST, VICTORIA, TX 77904-2079
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2022
—
Aggrefund I 5206 N Navarro LLC
Tcp Navarro LLC
Deed
$4,550,000 · Independent Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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