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    Property profile & analytics

    1407 Navarro St Victoria, TX 77901

    • Commercial real estate
    For Sale
    View listing
    $595,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-5975485
    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

    • Commercial real estate

    Property Details for 1407 Navarro St

    Property type
    Commercial real estate

    Description

    This exceptional .889-acre commercial property in Victoria, Texas, is ideally situated on Navarro Street, directly across from the Detar Health Center. Boasting approximately 132 feet of Navarro Street frontage, this highly visible location offers unparalleled exposure to high traffic volume. The property has been recently replatted into a single tract, with a new survey readily available. City utilities are readily accessible. The property is deed-restricted, prohibiting the sale of food and beverages typically associated with breakfast, and limiting restaurant seating capacity to a maximum of 60 people. This prime location benefits from Victoria's thriving economy, fueled by growth in the plastics manufacturing and medical industries, leading to increased population and development. Surrounded by numerous businesses, this mixed-use land presents a unique opportunity for investors seeking a high-traffic, high-visibility location in a dynamic market. The asking price is $595,000.

    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
    -96.999630851876
    Latitude
    28.808228551248

    Comparable in this City

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      Victoria Flex Space: Prime Location

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    • $85,000
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      Victoria, TX Warehouse and Lot

      Warehouse with vacant lot, suitable for various business purposes.
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    • $495,000
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      Commercial Property Near Houston Highway

      Three parcels totaling 0.78 acres near Houston Highway.
      3505 Houston Hwy, Victoria, TX 77901
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    • $239,885
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      Wheeler Street Commercial Gem

      Victoria, TX Mixed-Use Property
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    • $599,900
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      Historic Downtown Victoria Mixed-Use Building

      Landmark commercial building with restaurant and loft space for sale.
      221 S Main St, Victoria, TX 77901
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    • $1,140,000
      29,089 SF

      Large Industrial Property on 13+ Acres

      Spacious industrial building with offices, storage, and outdoor facilities.
      102 S Ben Jordan St, Victoria, TX 77901
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    Similar Nearby for Sale

    • $169,000
      3,020 SF

      Victoria Flex Space: Prime Location

      Versatile 3,020 SF Flex Warehouse
      305 Laurent St, Victoria, TX 77901
      View Details
    • $85,000
      0.20 Acres

      Victoria, TX Warehouse and Lot

      Warehouse with vacant lot, suitable for various business purposes.
      804 E Juan Linn St, Victoria, TX 77901
      View Details
    • $495,000
      0.78 Acres

      Commercial Property Near Houston Highway

      Three parcels totaling 0.78 acres near Houston Highway.
      3505 Houston Hwy, Victoria, TX 77901
      View Details
    • $239,885
      2,420 SF

      Wheeler Street Commercial Gem

      Victoria, TX Mixed-Use Property
      1407 Wheeler St, Victoria, TX 77901
      View Details
    • $599,900
      11,732 SF

      Historic Downtown Victoria Mixed-Use Building

      Landmark commercial building with restaurant and loft space for sale.
      221 S Main St, Victoria, TX 77901
      View Details
    • $1,140,000
      29,089 SF

      Large Industrial Property on 13+ Acres

      Spacious industrial building with offices, storage, and outdoor facilities.
      102 S Ben Jordan St, Victoria, TX 77901
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      36,732 SF

      Available Warehouse with Excess Land

      36,732 SF warehouse with excess land for storage.
      3705 Houston Hwy, Victoria, TX 77901
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    • $4,748 /Mo
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      Versatile Commercial Space in Victoria

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      3202 Miori Ln, Victoria, TX 77901
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    • $4,500 /Mo
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      Victoria Commercial Property on Highway

      Commercial property on 1.22 acres with retail and warehouse space.
      3011 Houston Hwy, Victoria, TX 77901
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    • Contact for pricing
      6,300 SF

      Victoria Warehouse with Fenced Yard

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      Victoria Executive Office/Warehouse

      13,600 SF, 2.25 Acres, Prime Location
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    • $1,450 /Mo
      48,352 SF

      Versatile Commercial Space in Victoria

      1,500 sqft space with high visibility and flexible layout.
      307 Sam Houston Dr, Victoria, TX 77901
      View Details
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    1407 Navarro St
    Victoria, TX 77901
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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.

    More about this property
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