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    13515 Us Hwy 87th N Victoria, TX 77904-4689
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    Property profile & analytics

    13515 Us Hwy 87th N, Victoria, TX 77904-4689

    View on Map
    • Grocery and convenience stores
    • 11,550 SF
    • 5.02 lot acres
    Off-Market
    Last Sale Jan 5, 2026
    Property ID
    US82-5761466
    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.
    Value Estimations
    $775,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 13515 Us Hwy 87th N

    Year built
    2005
    Construction
    FRAME
    Lot size
    5.02 lot acres
    Property type
    Grocery and convenience stores
    APN
    00200-000-35501
    APU
    20000035501

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 5, 2026 — Mana Holdings LLC 1402 Airline Business LLC Warranty Deed $8.5M · 1402 Airline Business LLC 13515 Us Busin
    Jan 4, 2024 — 13515 Us Business LLC Jon R New Deed $1.6M · Wallis State Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $530,000
      Current use
      MEDICAL BUILDING
      $1,070,000
      Change: +103% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $990,000
      Change: +87% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $910,000
      Change: +72% Conversion: Difficult
      RETAIL STORES
      $665,000
      Change: +26% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Victoria
    County
    Victoria
    State
    Texas
    Longitude
    -97.1
    Latitude
    28.922
    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
    $9,374
    $76,280
    $586,160
    $662,440
    -
    $76,280
    $586,160
    $662,440

    Comparable in this City

    • Value Estimation
      $1,595,000
      9,892 SF

      7305 Main St

      CONVENIENCE STORE
      7305 Main St, Victoria, TX 77904-2987
      View Details
    • Value Estimation by Request
      1,500 SF

      701 Blyth Rd

      CONVENIENCE STORE
      701 Blyth Rd, Victoria, TX 77904-2769
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    • Value Estimation
      $500,000
      3,560 SF

      5906 Navarro St

      CONVENIENCE STORE
      5906 Navarro St, Victoria, TX 77904-1763
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    • Value Estimation by Request
      2,404 SF

      3302 Sam Houston Dr

      CONVENIENCE STORE
      3302 Sam Houston Dr, Victoria, TX 77904-2239
      View Details
    • Value Estimation by Request
      3,321 SF

      10408 Zac Lentz Pkwy

      CONVENIENCE STORE
      10408 Zac Lentz Pkwy, Victoria, TX 77904-3103
      View Details
    • Value Estimation by Request
      2,585 SF

      4402 Navarro St

      CONVENIENCE STORE
      4402 Navarro St, Victoria, TX 77904-2006
      View Details

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      High-Visibility Commercial Property on Navarro

      Turn-key commercial property with high visibility and ample parking.
      4705 N Navarro St, Victoria, TX 77904
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      Unique Commercial Property with Golf

      Versatile commercial property with warehouse, retail, and entertainment potential.
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      Commercial Property with Highway Frontage

      For-sale commercial site with a 2,160 sf building, highway frontage, and additional income from an existing fireworks stand lease.
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    • $3,500,000
      15,560 SF

      Versatile Commercial Property in Victoria, TX

      15,560 SF commercial property on 10.2 acres for sale.
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    • Contact for pricing
      3,000 SF

      Unique Commercial Property with Golf

      Versatile commercial property with warehouse, retail, and entertainment potential.
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    Similar Nearby for Lease

    • $19 SF/Yr
      3,990 SF

      Retail Storefront on High-Traffic Corridor

      3,990 SF retail building on N. Navarro, Victoria, TX.
      6508 N Navarro St, Victoria, TX 77904
      View Details
    • Contact for pricing
      1,888 SF

      Retail Space Near HEB Grocery

      Retail spaces available in shadow retail center to HEB.
      6106-6202 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
    • Contact for pricing
      23,000 SF

      Prime Retail Location Available

      Excellent location near major retailers with easy access and signage.
      7608-7920 NE Zac Lentz Pkwy, Victoria, TX 77904
      View Details
    • Contact for pricing
      4,934 SF

      Retail Space with Drive-Thru

      4,934 SF retail space with drive-thru capabilities available for lease.
      6806 Zac Lentz Pkwy, Victoria, TX 77904
      View Details
    • Contact for pricing
      2,380 SF

      Retail Space Near Highway 77

      Retail space with easy highway access and anchor tenants.
      5201 N Navarro St, Victoria, TX 77904
      View Details
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    Victoria, TX 77904-4689
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    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.

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