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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Flex space
305 Sam Houston Dr, Victoria, TX 77901-4786
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US83-1237265
Property summary
AI-generated overview
Located on US-59 Business Rd, 305 Sam Houston offers exceptional visibility and accessibility. This 10,910 square foot building, constructed in 2014, presents a unique opportunity for businesses seeking flexible and adaptable space. Currently, one 2,850 square foot unit is available for lease within a multi-tenant building. The property's design allows for diverse uses, encompassing traditional office, executive office, coworking, medical office, creative office, warehouse, and retail configurations. The building features an open floor plan, easily customizable to suit various business needs. Ample storage is included, and the space is readily adaptable to accommodate specific requirements. Electric power is provided, and while elevators are not present, the building's layout facilitates efficient use of space. This prime location offers significant potential for growth and success, making it an ideal choice for businesses seeking a high-traffic, versatile commercial property. The property is perfect for expansion or new ventures.
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2014
Construction
FRAME
Total area
11,050 SF
Lot
0.75 ac (32,496 SF)
APN
49850R1-001-002R0
UPID
US83-1237265
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
-
A Different Image Salon And Boutique Hair Salon
-
Record Nations Storage Facility
-
Kurtz Printing Co Marketing & Advertising Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$875k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$860k
Owner & transaction history
Victorias Platinum Properties LLC · 2 yrs held
Victorias Platinum Properties LLC
since 2023
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.4M
+53.1%
Commercial (general)
$1.3M
+47.1%
Retail stores
$1.1M
+21.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Victoria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Victoria submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$950,000
6.5%
$875,000
7%
$815,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$895,000
Current use
RESTAURANT
$1,370,000
Change: +53% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,315,000
Change: +47% · Conversion: Difficult
RETAIL STORES
$1,085,000
Change: +21% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,045,000
Change: +17% · Conversion: Easy
OFFICE BUILDING
$1,015,000
Change: +13% · Conversion: Difficult
MEDICAL BUILDING
$960,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$860k
Range $774k – $946k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$78 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$11,988
Tax year 2023
Assessed value
$730,780
Assessed 2023
Previous assessed
$730,780
+0.0% YoY
Effective rate
1.64%
On assessed value
Assessed land
$113,740
Assessed improvement
$617,040
Land market value
$113,740
Improvement market value
$617,040
Total market value
$730,780
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2014
Construction
FRAME
Heating
NONE
Stories
1
Total area
11,050 SF
Lot
0.75 ac (32,496 SF)
APN
49850R1-001-002R0
UPID
US83-1237265
Jurisdiction
VICTORIA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$895,000
RESTAURANT
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.3M
RETAIL STORES
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.0M
OFFICE BUILDING
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$960,000
INDUSTRIAL (GENERAL) Current
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2014
Construction
FRAME
Heating
NONE
Stories
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
Victorias Platinum Properties LLC
Entity
Mailing address
4800 N NAVARRO ST STE #100, VICTORIA, TX 77904-2047
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2023
—
Victorias Platinum Properties LLC
Sam Houston Business Park
Correction Deed
related
$960,000 · Crossroads Bank
Feb 16, 2022
—
Victorias Platinum Properties LLC
—
Deed
related
$960,000 · Crossroads Bank
Feb 15, 2022
—
Victorias Platinum Properties LLC
Sam Houston Business Park
Venders Lien
$960,000 · Crossroads Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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