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Property profile & analytics
FOR LEASE
Turn key restaurants
3706 N Navarro St Victoria, TX 77901
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US82-6510918
For Lease
1 / 38
$14 SF/Yr
3706 N Navarro St, Victoria, TX 77901
View Listing →
Property summary
AI-generated overview
This exceptional Class A commercial building, "The Shop at 3706," offers 26,681 square feet of versatile space in seven suites. Located at 3706 N Navarro St, Victoria, TX 77901, this single-story, 2022-built property boasts modern architecture and enjoys high visibility with over 36,000 daily vehicles passing by. Currently, 8,070 square feet is available for lease, with two spaces ranging from 1,603 to 1,940 square feet. Ideal for a variety of uses, including retail, office, gym, or salon, this property is perfect for businesses seeking a prime location in a thriving commercial area. The building features no elevators. Its multiple tenancy structure provides flexibility for various business needs. This is a unique opportunity to establish or expand your business in a vibrant community with excellent accessibility and high traffic counts. The property's modern design and prime location ensure maximum visibility and attract a diverse customer base. Don't miss this chance to secure your space in this dynamic and successful commercial center.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2006
Construction
FRAME
Total area
27,655 SF
Lot
2.24 ac (97,400 SF)
APN
43922-001-001R0
UPID
US82-6510918
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
-
King Of Kings Cuts LLC Barber Shop
-
Evolve - 24 Hour Training Gym Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.54M
Owner & transaction history
South Texas Rentals LLC · 3 yrs held
South Texas Rentals LLC
since 2022
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$56 / 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
$28,342
Tax year 2023
Assessed value
$1,500,000
Assessed 2023
Previous assessed
$1,500,000
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$1,168,910
Assessed improvement
$331,090
Land market value
$1,168,910
Improvement market value
$331,090
Total market value
$1,500,000
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
Turn key restaurants
Use group
RESTAURANT
Status
For Lease
Year built
2006
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
27,655 SF
Lot
2.24 ac (97,400 SF)
APN
43922-001-001R0
UPID
US82-6510918
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
Building & site characteristics
From public records
Year built
2006
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2.24 ac
Current owner
From public records · entity-resolved
South Texas Rentals LLC
Entity
Mailing address
4800 N NAVARRO ST STE #100, VICTORIA, TX 77904-2047
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2022
—
South Texas Rentals LLC
Fuldner Enterprises LLC
Venders Lien
$1,200,000 · Eppinger Viii Ltd
Apr 9, 2007
—
Victoria Incredible Pizza Group LLC
Richard A Barsness
Venders Lien
$3,369,600 · The Bank Of Missouri
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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