Property summary
This exceptional 6,380-square-foot industrial property in Victoria, Texas, presents a remarkable investment opportunity. Situated on a 4.07-acre lot, the property features two metal buildings: a 4,900-square-foot shop and a 1,480-square-foot office building. The shop boasts 476 square feet of office space, 3,124 square feet of work bays, and a 1,300-square-foot wash bay equipped with floor drains, an oil/water separator, and connection to city sewer. It also includes one restroom and two window air conditioning units. The office building, constructed on piers, offers three sections with private offices, restrooms, a break room, and larger work areas, heated and cooled by two wall-mounted package units. The property also includes approximately 864 square feet of concrete parking and additional asphalt paving. Utilities include city water and sewer, two-phase electricity, and a fully fenced perimeter. A significant asset is a 12,000-gallon underground diesel storage tank with dispensing equipment, inspected in December 2022. Included equipment consists of 300 and 400-gallon air compressors (no hoses), 500-gallon motor oil and hydraulic fluid tanks with hoses, and a 250-gallon used oil tank with hose. The property's year of construction is 1974, and it is currently vacant, offering immediate occupancy. The asking price is $480,000, translating to $75.24 per square foot. The property's APN is 57270 & 87513. This property is zoned for industrial use.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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