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Property profile & analytics
FOR SALE
Commercial real estate

1002 Victoria Rd Refugio, TX 78377

14,446 SF 1.89 ac lot Built 1968
Entity Owned Free & Clear
Property ID
US82-5770486
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1968
Total area 14,446 SF
Lot 1.89 ac (82,450 SF)
APN 197601
UPID US82-5770486
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.22M
Owner & transaction history
RAMIREZ LAND ENTERPRISES LLC
RAMIREZ LAND ENTERPRISES LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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