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Property profile

203 Wayne Watkins Dr Victoria, TX 77904

OFF-MARKET
Warehouses
41,892 SF 8 ac lot Built 2014
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Property summary

AI-generated overview

This exceptional 41,892-square-foot industrial warehouse, built in 2014, sits on an 8-acre lot in Victoria, Texas, at 203 Wayne Watkins Dr, 77904. The property features two 25-ton overhead cranes in the main warehouse, plus a 7.5-ton and a 25-ton crane in the concrete batch room (sold separately). A transfer cart facilitates movement between the indoor and outdoor crane areas. The building boasts a reinforced 8-inch concrete slab and a 25-foot canopy extension with a 75-foot crane reach for efficient loading. The warehouse benefits from substantial HVAC capacity (90 tons) and dual electrical service (1200A and 1800A, 480 3ph connections). City water, sewer, and gas services are readily available. An additional 8 acres of land are also available for purchase. Note that the secondary paint line will be removed prior to sale. This property is ideal for businesses requiring heavy lifting capacity and ample outdoor space. The property's location in Victoria, Texas offers access to key transportation routes and a growing industrial sector.

Property profile

Verified
Property type Warehouses
Year built 2014
Total area 41,892 SF
Lot 8 ac (348,480 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

203 Wayne Watkins Dr Victoria, TX 77904
Victoria metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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