Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    101 Professional Park Dr Victoria, TX 77904

    • Medical Office Space
    • 2,134 SF
    • 0.33 lot acres
    For Sale
    View listing
    Last Sale
    May 31, 2024
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-6334670
    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

    • Lin Royana DDS / Dental Office
    • Victoria Kid's Dentistry / Dental Office
    • Wiedenfeld, Ken, Dds / Dental Office

    Property Details for 101 Professional Park Dr

    Year built
    2000
    Construction
    FRAME
    Lot size
    0.33 lot acres
    Property size
    2,134 SF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    43800-001-00100
    APU
    4380000100100

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Victoria
    County
    Victoria
    State
    Texas
    Longitude
    -96.986
    Latitude
    28.8402
    CBSA code
    47020
    CBSA name
    VICTORIA, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,187
    $28,550
    $190,260
    $218,810
    -
    $28,550
    $190,260
    $218,810

    Comparable in this City

    • Value Estimation by Request
      1,920 SF

      105 Professional Park Dr

      MEDICAL BUILDING • 1,920 SF
      105 Professional Park Dr, Victoria, TX 77904-2351
      View Details
    • Value Estimation by Request
      1,593 SF

      109 Professional Park Dr

      MEDICAL BUILDING • 1,593 SF
      109 Professional Park Dr, Victoria, TX 77904-2351
      View Details
    • Value Estimation by Request
      2,090 SF

      3506 Sam Houston Dr

      MEDICAL BUILDING • 2,090 SF
      3506 Sam Houston Dr, Victoria, TX 77904-2233
      View Details
    • Value Estimation by Request
      5,695 SF

      13788 Us Hwy 77th N

      MEDICAL BUILDING • 5,695 SF
      13788 Us Hwy 77th N, Victoria, TX 77904-5513
      View Details
    • Value Estimation
      $1,635,000
      33,666 SF

      110 Medical Dr

      MEDICAL BUILDING • 33,666 SF
      110 Medical Dr, Victoria, TX 77904-3101
      View Details
    • Value Estimation
      $1,035,000
      15,900 SF

      4701 Navarro St

      MEDICAL BUILDING • 15,900 SF
      4701 Navarro St, Victoria, TX 77904-2064
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,150 SF

      Healthcare Investment Property For Sale

      Single tenant healthcare investment property with a new 10-year lease.
      101 Professional Park Dr, Victoria, TX 77904
      View Details
    • New
      $1,499,900
      13,500 SF

      Victoria Commercial Property with Highway Frontage

      4+ acre commercial property with two buildings and highway frontage.
      13955 Us Highway 77, Victoria, TX 77904
      View Details
    • $1,750,000

      Prime Victoria Commercial Land

      16.46 Acres, High-Traffic Location
      11304 Zac Lentz Pkwy, Victoria, TX 77904
      View Details
    • Contact for pricing

      Victoria County Hunting and Recreational Land

      Land with abundant wildlife near Garcitas Creek, Victoria County.
      Nursery Rd, Victoria, TX 77904
      View Details
    • $79,885
      1.06 Acres

      Victoria, TX Acreage Homesite

      Acreage homesite in Capstone Estates subdivision, Victoria, TX.
      664 Dayspring Dr, Victoria, TX 77904
      View Details
    • $99,000
      6.67 Acres

      Land on Victor Drive

      6.67 acres for country living near Victoria, Texas.
      25 26, Victoria, TX 77904
      View Details

    Similar Nearby for Lease

    • $3,600 /Mo
      5,814 SF

      Victoria Commercial Space For Rent

      Clean, well-maintained commercial space suitable for offices, retail, or medical.
      9605 N Navarro St, Victoria, TX 77904
      View Details
    • $19 SF/Yr
      3,990 SF

      Victoria Medical Office Building

      High-traffic location, 3,990 SF, divisible
      6508 Navarro St, Victoria, TX 77904
      View Details
    • $2,402 /Mo
      1,104 SF

      Prime Retail/Office Space Available

      High-visibility commercial space ideal for retail, office, or medical use.
      6801 N Navarro St, Victoria, TX 77904
      View Details
    • $17 SF/Yr
      12,120 SF

      Leary Lane Office Suites Available

      Remodeled office suites for lease on Victoria's north side.
      2208 Leary Ln, Victoria, TX 77904
      View Details
    • New
      $450 /Mo
      3,688 SF

      Professional Office Space For Lease

      Quiet office space ideal for professionals with flexible lease terms.
      5103 E Airline Rd, Victoria, TX 77904
      View Details
    • $900 /Mo
      15,682 SF

      Commercial Space in Victoria, TX

      700 SF commercial space for lease in Victoria, TX.
      2604 E Mockingbird Ln, Victoria, TX 77904
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    101 Professional Park Dr
    Victoria, TX 77904
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!