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    FOR SALE
    Office buildings

    1407 N Wheeler St, Victoria, TX 77901

    2,420 SF 0.3 ac lot Built 1980
    Entity Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US82-6277406
    Property summary
    AI-generated overview

    This exceptional 2,420 sq ft mixed-use property, situated on a 0.3-acre corner lot in Victoria, TX (77901), presents a compelling investment opportunity. Built in 1945, this single-story building boasts a prime location between North Navarro and North Main Streets, offering high visibility and accessibility. The property features a welcoming lobby, eight versatile rooms suitable for offices or special uses, and two full bathrooms. Ample on-site parking caters to both clients and staff. Its proximity to downtown Victoria provides easy access to the area's vibrant shopping, dining, and entertainment options. The flexible layout allows for diverse business applications, from traditional office space to retail or professional services. This high-traffic location, combined with the building's strong conversion potential, makes it an ideal investment for entrepreneurs seeking a prominent presence in a thriving Texas community. The asking price is $239,885. The property is offered as a single unit and presents a rare opportunity to establish or expand a business in a desirable downtown location. This is a for-sale-by-owner opportunity.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1980
    Construction FRAME
    Total area 2,420 SF
    Lot 0.3 ac (12,907 SF)
    APN 54100-003-00400
    UPID US82-6277406
    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
    Current use
    Occupant on record · Public records
    • Evening Esthetics Hair Salon Nail Salon
    • Indigo Spa Suites Hair Salon
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Victorias Platinum Properties LLC · 6 yrs held
    Victorias Platinum Properties LLC
    since 2019
    5 recorded transactions
    2019
    2016
    2014
    2013
    2006
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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