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    1507 Salem Rd Victoria, TX 77904

    • Commercial real estate
    For Sale
    View listing
    $299,900
    Value Estimation
    Location Intelligence
    Property ID
    US82-9316646
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1507 Salem Rd

    Property type
    Commercial real estate

    Description

    This exceptional 1.94-acre commercial land parcel presents a compelling investment opportunity in Victoria, Texas. Located at 1507 Salem Road, zip code 77904, this property enjoys a highly desirable central location. Its proximity to a variety of amenities significantly enhances its value and potential. Businesses will benefit from the convenient access to shopping centers, financial institutions, educational facilities, and healthcare services. The property's size offers considerable flexibility for a wide range of commercial developments, catering to diverse business needs. The address is easily accessible, ensuring high visibility and convenient customer access. This strategically positioned land offers significant potential for growth and return on investment, making it an attractive proposition for discerning investors seeking a prime location in a thriving Texas market. The property is zoned for commercial use (verification of zoning with local authorities is recommended). Given its size and location, this land is suitable for a variety of commercial ventures. Serious inquiries are encouraged.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Victoria
    County
    Victoria
    State
    Texas
    Longitude
    -96.9873829
    Latitude
    28.8547108

    Comparable in this City

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    • $1,450,000
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      Victoria, TX Commercial Land

      16.46-acre commercial tract in a high-traffic, prime location.
      11304 NW Zac Lentz Pkwy, Victoria, TX 77904
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    • Contact for pricing
      0.84 Acres

      Commercial Land Near Loop 463

      Commercial land for sale near Olive Garden and hotels.
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    • $530,860
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      50 platted residential lots ready for new builds.
      San Savino Ct, Victoria, TX 77904
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    • $2,250,000
      18.00 Acres

      Unimproved Commercial Land For Sale

      18 acre unimproved commercial land with TX DOT entrances.
      001 NE Zac Lentz Pkwy, Victoria, TX 77904
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    • $45,000
      0.18 Acres

      Residential Lot in Tuscany Subdivision

      Residential lot available in established Tuscany Subdivision, Victoria, TX.
      113 Andrea Ct, Victoria, TX 77904
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    Similar Nearby for Sale

    • $1,750,000

      Prime Victoria Commercial Land

      16.46 Acres, High-Traffic Location
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    • $155,200
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      Residential Lots in Tuscany Villas

      4.72 acres of platted residential lots for sale.
      Ball Airport Rd, Victoria, TX 77904
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    • $1,750,000

      16.46 Acres Commercial Land

      16.46-acre commercial tract in a high-traffic, prime location.
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    • $600,000
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      Commercial Land on Highway 77

      9.663 acres with highway frontage in Victoria, Texas.
      14336 N Us 77 Hwy, Victoria, TX 77904
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    • $79,885
      1.06 Acres

      Victoria, TX Acreage Homesite

      Acreage homesite in Capstone Estates subdivision, Victoria, TX.
      664 Dayspring, Victoria, TX 77904
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    • $95,000
      6.67 Acres

      Unrestricted Land Near Victoria, TX

      6+ acre property outside city limits, ideal for new home.
      Victor Rd, Victoria, TX 77904
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    Similar Nearby for Lease

    • $25 SF/Yr
      19,419 SF

      Navarro St. Commercial Space

      Victoria, TX retail & office space
      5206 Navarro St, Victoria, TX 77904
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    • Contact for pricing

      Victoria Retail Land - Phase II

      Prime Retail Land, 9.8 Acres, Victoria, TX
      9009 Navarro St, Victoria, TX 77904
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    • $25 SF/Yr
      17,000 SF

      Navarro Pad Site: Prime Retail Location

      High-traffic retail pad site; build-to-suit available.
      5206 Navarro St, Victoria, TX 77904
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    • $15 SF/Yr
      23,000 SF

      Prime Retail Location Available

      Excellent location near major retailers with easy access and signage.
      7608-7920 NE Zac Lentz Pkwy, Victoria, TX 77904
      View Details
    • $2,762 /Mo
      1,104 SF

      Retail/Office Space in Victoria, TX

      Prime commercial space at a busy intersection, ready for move-in.
      6801 N Navarro St, Victoria, TX 77904
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    • Contact for pricing
      3,960 SF

      Retail Space Near Highway 77

      Retail space with easy highway access and anchor tenants.
      5219-5201 N Navarro St, Victoria, TX 77904
      View Details
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    1507 Salem Rd
    Victoria, TX 77904
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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
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