1302 E Crestwood Dr Victoria, TX 77901
For Sale
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This exceptional 2.33-acre property in Victoria, Texas, presents a remarkable investment opportunity. Located in the heart of the city with city streets on all sides, this site offers unparalleled versatility. The main building encompasses 21,408 square feet, featuring 12,393 square feet of open space, a 7,735-square-foot warehouse (a separate building included in the total square footage), 1,280 square feet of office space, and a 360-square-foot freezer (not included in the main square footage). All square footage measurements are approximate. The building boasts robust construction with 8-inch concrete walls and 4-inch concrete ceilings (behind a drop ceiling), a concrete slab foundation, and a flat roof. Flooring consists of terrazzo tile in the main area and concrete elsewhere. Ample parking is provided by an asphalt lot of approximately 54,000 square feet, accommodating 1,965 vehicles. The property includes package A/C units. Built in 1955, this single-story building sits on two parcels and offers significant expansion potential. The property is zoned for various uses, including daycare, restaurant, and storefront. No equipment, inventory, or furnishings are included in the sale, but these items may be available for separate purchase. The asking price is $850,000. APN: 40689, 46370.
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Dick's Food Store Grocery & Convenience Store Food Market
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Watermill Express Big Box & Wholesale Store
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Western Union Bank Credit Union
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
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.