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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6203 Dairy Rd Victoria, TX 77904-3006

    • Hotels
    • 29,436 SF
    • 1.46 lot acres
    OFF-MARKET
    Value Estimations
    $990,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-1209120
    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.

    Current Use by Public Records

    • Days Inn by Wyndham Victoria / Hotel / Inn

    Property Details for 6203 Dairy Rd

    Year built
    2012
    Construction
    FRAME
    Lot size
    1.46 lot acres
    Property size
    29,436 SF
    Property type
    Hotels
    APN
    49519R1-001-00300
    APU
    49519R100100300

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $915,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,067,000
      Market price range: $598k - $1.07M

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $810,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Victoria
    County
    Victoria
    State
    Texas
    Longitude
    -96.9952
    Latitude
    28.862
    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
    $42,634
    $31,780
    $2,224,585
    $2,256,365
    -
    $31,780
    $2,224,585
    $2,256,365

    Comparable in this City

    • Value Estimation
      $1,075,000
      37,600 SF

      7006 Navarro St

      HOTEL • 37,600 SF
      7006 Navarro St, Victoria, TX 77904-1510
      View Details
    • Value Estimation
      $910,000
      63,324 SF

      8002 Navarro St

      HOTEL • 63,324 SF
      8002 Navarro St, Victoria, TX 77904-2954
      View Details
    • Value Estimation
      $650,000
      24,063 SF

      8001 Zac Lentz Pkwy

      HOTEL • 24,063 SF
      8001 Zac Lentz Pkwy, Victoria, TX 77904-1517
      View Details
    • Value Estimation
      $880,000
      38,532 SF

      8107 Zac Lentz Pkwy

      HOTEL • 38,532 SF
      8107 Zac Lentz Pkwy, Victoria, TX 77904-1570
      View Details
    • Value Estimation
      $1,020,000
      87,572 SF

      6705 Zac Lentz Pkwy

      HOTEL • 87,572 SF
      6705 Zac Lentz Pkwy, Victoria, TX 77904-3440
      View Details
    • Value Estimation
      $1,465,000
      88,905 SF

      8106 Zac Lentz Pkwy

      HOTEL • 88,905 SF
      8106 Zac Lentz Pkwy, Victoria, TX 77904-3129
      View Details

    Similar Nearby for Sale

    • $1,750,000

      Prime Victoria Commercial Land

      16.46 Acres, High-Traffic Location
      11304 Zac Lentz Pkwy, Victoria, TX 77904
      View Details
    • $1,750,000

      16.46 Acres Commercial Land

      16.46-acre commercial tract in a high-traffic, prime location.
      Zac Lentz Pkwy, Victoria, TX 77904
      View Details
    • $389,000
      6.70 Acres

      Victoria, TX Multi-Use Land

      6.7-acre tract suitable for multi-family, residential, or commercial use.
      1401 Ball Airport Rd, Victoria, TX 77904
      View Details
    • $79,885
      1.06 Acres

      Victoria, TX Acreage Homesite

      Acreage homesite in Capstone Estates subdivision, Victoria, TX.
      664 Dayspring, Victoria, TX 77904
      View Details
    • $675,000

      Victoria County Hunting and Recreational Land

      Land with abundant wildlife near Garcitas Creek, Victoria County.
      Nursery Rd, Victoria, TX 77904
      View Details
    • $299,900

      Vacant Land on Zac Lentz

      5.561 acres of vacant land ready to be developed.
      8303 Zac Lentz Pkwy, Victoria, TX 77904
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      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
    • $2,762 /Mo
      1,104 SF

      Retail/Office Space in Victoria, TX

      Prime commercial space at a busy intersection, ready for move-in.
      6801 N Navarro St, Victoria, TX 77904
      View Details
    • $25 SF/Yr
      19,419 SF

      Navarro St. Commercial Space

      Victoria, TX retail & office space
      5206 Navarro St, Victoria, TX 77904
      View Details
    • Contact for pricing
      3,960 SF

      Retail Space Near Highway 77

      Retail space with easy highway access and anchor tenants.
      5219-5201 N Navarro St, 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
    • $3,600 /Mo
      5,814 SF

      Victoria Commercial Space For Rent

      Clean, well-maintained commercial space suitable for offices, retail, or medical.
      9605 N Navarro St, Victoria, TX 77904
      View Details

    Property Visit Statistics

    • Visits by month
      2.4k
    • Visitors by month
      649
    • Avg Time on site
      434 min
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    6203 Dairy Rd
    Victoria, TX 77904-3006
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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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