Property profile

2002 Commerce St Victoria, TX 77901

OFF-MARKET
Office buildings
Property ID
US82-6580734
15,984 SF 1.21 ac lot Built 1981
Individually Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 15,984 square foot, single-story office building presents a compelling investment opportunity in Victoria, Texas. Located on a 1.21-acre lot at 2002 Commerce St, 77901, this Class B property boasts a convenient location near the college, YMCA, and shopping areas, with ample parking. The building, constructed in 1981, features a brick veneer and stucco exterior and is currently divided into three sections. The interior includes drop ceilings, carpet, and VCT tile flooring. Heating and cooling are provided by multiple 5-10 ton package HVAC units with gas heat; the age of these units is unknown. The roof is tar and gravel, estimated to be over 15 years old. Utilities are serviced by individual gas, electric, and water meters. Multiple entrances provide convenient access. The property is currently vacant, offering immediate occupancy for a new owner. The asking price is $595,000, translating to $37.22 per square foot. This property is zoned for commercial use and offers significant potential for redevelopment or continued use as a multi-tenant office building. The property consists of two units and has a total of 15,984 net rentable square feet. This is a rare opportunity to acquire a substantial office building in a desirable location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1981
Construction FRAME
Total area 15,984 SF
Lot 1.21 ac (52,729 SF)
APN 54520-001-00100
UPID US82-6580734

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Crisis Center Medical Clinic
  • Physician
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Counselor Practitioner Service Location

Location

2002 Commerce St Victoria, TX 77901-5537
Victoria metro Census 602 VICTORIA, TX METROPOLITAN STATISTICAL AREA
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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
$395k

Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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