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    5201 N Navarro St Victoria, TX 77904
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    Property profile & analytics

    5201 N Navarro St, Victoria, TX 77904

    View on Map
    • Grocery and convenience stores
    • 73,839 SF
    • 5.13 lot acres
    For Lease
    $1,855,000
    View Listing →
    Retail Space Near Highway 77 For Lease
    $1,855,000
    2,380 SF

    Retail Space Near Highway 77

    Retail space with easy highway access and anchor tenants.

    5201 N Navarro St, Victoria, TX
    View Listing
    Property ID
    US82-5690226
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,855,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Resharp / Sharpening Service
    • 5th & Home Handcrafted Furniture & Mattress Store / Furniture & Home Goods / Home Decor Store
    • 5th & Home / Department Store
    • Salemi's Ace Hardware / Building Supply / Hardware & Home Improvement
    • Ashley Store / Furniture & Home Goods / Home Decor Store

    Property Details for 5201 N Navarro St

    Year built
    1978
    Construction
    FRAME
    Lot size
    5.13 lot acres
    Property type
    Grocery and convenience stores
    APN
    35045-001-00100
    APU
    3504500100100

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 22, 2026 — Northcross Dunhill Owner LLC Northcross Dunhill LLC Special Warranty Deed · related —
    Apr 22, 2026 $20,500,000 Northcross Dunhill Owner LLC Northcross Dunhill LLC Special Warranty Deed · related $16.4M · Bank Of Montreal
    Jun 25, 2021 — City Of Victoria H E B LP Special Warranty Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,330,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,377,000
      Market price range: $1.92M - $7.12M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Victoria
    County
    Victoria
    State
    Texas
    Longitude
    -97.0013
    Latitude
    28.8436
    CBSA code
    47020
    CBSA name
    VICTORIA, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $67,901
    $1,676,730
    $1,916,860
    $3,593,590
    -
    $1,676,730
    $1,916,860
    $3,593,590

    Comparable in this City

    • Value Estimation by Request
      2,400 SF

      2602 Mockingbird Ln

      CONVENIENCE STORE
      2602 Mockingbird Ln, Victoria, TX 77904-2441
      View Details
    • Value Estimation
      $575,000
      8,075 SF

      7104 Navarro St

      CONVENIENCE STORE
      7104 Navarro St, Victoria, TX 77904-1508
      View Details
    • Value Estimation by Request
      2,313 SF

      3601 John Stockbauer Dr

      CONVENIENCE STORE
      3601 John Stockbauer Dr, Victoria, TX 77904-2445
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    • Value Estimation by Request
      2,556 SF

      4901 John Stockbauer Dr

      CONVENIENCE STORE
      4901 John Stockbauer Dr, Victoria, TX 77904-1932
      View Details
    • Value Estimation by Request
      2,000 SF

      15265 Us Hwy 87

      CONVENIENCE STORE
      15265 Us Hwy 87, Victoria, TX 77904
      View Details
    • Value Estimation by Request
      2,585 SF

      4402 Navarro St

      CONVENIENCE STORE
      4402 Navarro St, Victoria, TX 77904-2006
      View Details

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      High-Visibility Commercial Property on Navarro

      Turn-key commercial property with high visibility and ample parking.
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    • $3,500,000
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      Versatile Commercial Property in Victoria, TX

      15,560 SF commercial property on 10.2 acres for sale.
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    • $449,900
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      Unique Commercial Property with Golf

      Versatile commercial property with warehouse, retail, and entertainment potential.
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    • $250,000
      2,160 SF

      Commercial Property with Highway Frontage

      For-sale commercial site with a 2,160 sf building, highway frontage, and additional income from an existing fireworks stand lease.
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    • Contact for pricing
      8,829 SF

      Two-Tenant Medical Strip For Sale

      100% occupied medical strip in Victoria's shopping district.
      8206 N Navarro St, Victoria, TX 77904
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    Similar Nearby for Lease

    • $2,402 /Mo
      1,104 SF

      Prime Retail/Office Space Available

      High-visibility commercial space ideal for retail, office, or medical use.
      6801 N Navarro St, Victoria, TX 77904
      View Details
    • Contact for pricing
      23,000 SF

      Prime Retail Location Available

      Excellent location near major retailers with easy access and signage.
      7608-7920 NE Zac Lentz Pkwy, Victoria, TX 77904
      View Details
    • $19 SF/Yr
      3,990 SF

      Retail Storefront on High-Traffic Corridor

      3,990 SF retail building on N. Navarro, Victoria, TX.
      6508 N Navarro St, Victoria, TX 77904
      View Details
    • Contact for pricing
      1,888 SF

      Retail Space Near HEB Grocery

      Retail spaces available in shadow retail center to HEB.
      6106-6202 Navarro St, Victoria, TX 77904
      View Details
    • Contact for pricing
      4,934 SF

      Retail Space with Drive-Thru

      4,934 SF retail space with drive-thru capabilities available for lease.
      6806 Zac Lentz Pkwy, Victoria, TX 77904
      View Details
    • $2,917 /Mo
      258,398 SF

      Prime Retail Space in Victoria

      1,400 SF commercial space in high-traffic retail corridor.
      5212 N Navarro St, Victoria, TX 77904
      View Details
    View Listing
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    Victoria, TX 77904
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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