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    5508 Navarro St Victoria, TX 77904-1729
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    Property profile & analytics

    5508 Navarro St, Victoria, TX 77904-1729

    View on Map
    • Retail space
    • 3,816 SF
    • 0.97 lot acres
    Off-Market
    Property ID
    US82-5752395
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 5508 Navarro St

    Year built
    1983
    Construction
    FRAME
    Lot size
    0.97 lot acres
    Property type
    Retail space
    APN
    50570-001-00100
    APU
    5057000100100

    Description

    This 3,816-square-foot single-tenant flex space, located at 5508 N Navarro St in Victoria, Victoria County, Texas, presents a unique investment opportunity. The property boasts a versatile layout, ideal for a variety of businesses. Previously used as a pawn shop, the building offers approximately 2,016 square feet of retail space and 1,800 square feet of warehouse space. A key feature is the convenient roll-up door providing direct access to the warehouse area, enhancing operational efficiency. The warehouse area is complemented by a drive-in door for easy loading and unloading. One loading dock is also available. The property includes a fenced area, providing secure outdoor storage. The building is currently vacant and available for immediate occupancy, making it an attractive option for businesses seeking a ready-to-use space. The property's frontage on Navarro Street offers excellent visibility and accessibility. This adaptable space is perfect for businesses needing a blend of retail and warehouse functionality. The combination of retail and warehouse space, along with the secure storage area and convenient access points, makes this property a highly desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Victoria
    County
    Victoria
    State
    Texas
    Longitude
    -96.9987
    Latitude
    28.8463
    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
    $14,071
    $633,800
    $110,880
    $744,680
    -
    $633,800
    $110,880
    $744,680

    Comparable in this City

    • Value Estimation
      $1,295,000
      19,364 SF

      9205 Navarro St

      RETAIL STORES (PERSONAL SERVICES)
      9205 Navarro St, Victoria, TX 77904-1559
      View Details
    • Value Estimation by Request
      588 SF

      405 Stephenson St

      RETAIL STORES (PERSONAL SERVICES)
      405 Stephenson St, Victoria, TX 77904-2037
      View Details
    • Value Estimation by Request
      3,990 SF

      6502 Navarro St

      RETAIL STORES (PERSONAL SERVICES)
      6502 Navarro St, Victoria, TX 77904-1518
      View Details
    • Value Estimation
      $620,000
      13,925 SF

      7003 Navarro St

      RETAIL STORES (PERSONAL SERVICES)
      7003 Navarro St, Victoria, TX 77904-1509
      View Details
    • Value Estimation by Request
      1,920 SF

      6801 Navarro St

      RETAIL STORES (PERSONAL SERVICES)
      6801 Navarro St, Victoria, TX 77904-1511
      View Details
    • Value Estimation by Request
      1,482 SF

      6401 Navarro St

      RETAIL STORES (PERSONAL SERVICES)
      6401 Navarro St, Victoria, TX 77904-1519
      View Details

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      Retail space for sale in a prime retail corridor.
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    Similar Nearby for Lease

    • $19 SF/Yr
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      Retail Storefront on High-Traffic Corridor

      3,990 SF retail building on N. Navarro, Victoria, TX.
      6508 N Navarro St, Victoria, TX 77904
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      1,888 SF

      Retail Space Near HEB Grocery

      Retail spaces available in shadow retail center to HEB.
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    • $2,402 /Mo
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      Prime Retail/Office Space Available

      High-visibility commercial space ideal for retail, office, or medical use.
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      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
    • Contact for pricing
      4,934 SF

      Retail Space with Drive-Thru

      4,934 SF retail space with drive-thru capabilities available for lease.
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      View Details
    • $10,877 /Mo
      10,040 SF

      Versatile Commercial Property in Victoria

      10,040 SF flex property on 1.54 acres for lease.
      13102 N Navarro St, Victoria, TX 77904
      View Details
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    Victoria, TX 77904-1729
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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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