1002 Victoria Rd Refugio, TX 78377
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.