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Property profile & analytics
OFF-MARKET
Estimated value
$340,000
Office buildings
409 Enterprise Dr Victoria, TX 77905-3280
Entity Owned
5-yr Hold
Free & Clear
Property ID
US82-6152695
Property summary
AI-generated overview
This exceptional 13,760-square-foot industrial property, situated on a 3.99-acre lot in Victoria, Texas's Aloe Industrial Park, presents a unique investment opportunity. The building, constructed in 2013, features a single-tenant occupancy and boasts 1,500 square feet of finished office space. The warehouse area offers a 20-foot ceiling height, six loading docks, and six drive-in doors, ensuring efficient operations. Ample parking is provided with 20 spaces, complemented by concrete parking lots and driveways. The property is fully fenced and benefits from easy access to major highways. The building is a single-story structure, classified as Class B. The property's address is 409 Enterprise Drive, at the intersection of Enterprise Drive and Blue Quail. The lot size is 3.99 acres, and the property's APN is 20377391. This property is zoned "None". The entire 13,760 square feet is currently vacant. This location offers a blend of functionality and prestige, making it ideal for businesses seeking a prominent presence in a thriving industrial area.
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2011
Construction
FRAME
Total area
13,760 SF
Lot
3.99 ac (173,804 SF)
APN
08420-002-00700
UPID
US82-6152695
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
-
Yazoo Enterprises, Inc. Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$340k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$340k
Owner & transaction history
Meismer Property Holdings LLC · 5 yrs held
Meismer Property Holdings LLC
since 2020
1 recorded transaction
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
Method
Estimation
Statistic approach
by Request
ML approach
$340,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$340k
Range $306k – $374k · ±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
$25 / 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
$8,690
Tax year 2023
Assessed value
$620,830
Assessed 2023
Previous assessed
$620,830
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$84,210
Assessed improvement
$536,620
Land market value
$84,210
Improvement market value
$536,620
Total market value
$620,830
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2011
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
13,760 SF
Lot
3.99 ac (173,804 SF)
APN
08420-002-00700
UPID
US82-6152695
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
2011
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
3.99 ac
Current owner
From public records · entity-resolved
Meismer Property Holdings LLC
Entity
Free & Clear · 5 yrs held
Mailing address
PO BOX 3412, VICTORIA, TX 77903-3412
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2020
—
Meismer Property Holdings LLC
Kyle J Meismer
Deed
related
—
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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