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Financial
Distress signals
Property profile

1505 E Rio Grande St Victoria, TX 77901

FOR LEASE
Grocery and convenience stores
Property ID
US82-6042524
88,038 SF 15.91 ac lot Built 2006
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional retail property, located at 1505 E Rio Grande St in Victoria, Texas, 77901, offers a total of 88,000 square feet of leasable space in a multi-tenant building. Currently, a 2,625 square foot space is available, formerly occupied by Advance Vision Care and situated as an end cap unit. The property benefits significantly from its prime location within Victoria County, enjoying high visibility and accessibility. A key advantage is its proximity to a major anchor tenant, HEB…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$96k
Tax billed · 2023
Assessed value$5.07M
Assessed land$935k
Assessed improvement$4.13M
Effective rate1.89%

Value estimate

· Oct 2026
$10.21M
$9.18M – $11.23M
Submarket $/SF estimate$9.97M
NOI build-up
Gross scheduled income$1.93M
Vacancy & credit loss−$116k
Operating expenses−$545k
NOI · 6,357,860.00% cap applied$1.27M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
6,357,860.00%
$1.27M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionVICTORIA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency41.5
Law Firm29.7
Dental Office27.8

Location

1505 E Rio Grande St Victoria, TX 77901
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

16 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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