9005 Navarro St Victoria, TX 77904-1563
Property profile & analytics
9005 Navarro St Victoria, TX 77904-1563
- Outlet malls
- 14,748 SF
- 1.29 lot acres
Property ID
US82-6227572
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.
Location Intelligence
Current Use by Public Records
- Walgreens Photo / (Bike/Boat/Book/etc) Store
- LibertyX Bitcoin ATM / Atm
- Niyati Shah, PharmD / Pharmacy
- Kathryn J. Moore, RPH / Pharmacy
- Walgreens Pharmacy / Pharmacy
Property Details for 9005 Navarro St
- Year built
- 2008
- Construction
- FRAME
- Lot size
- 1.29 lot acres
- Property size
- 14,748 SF
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 55668-001-004R0
- APU
- 55668001004R0
Description
This exceptional investment opportunity presents a single-tenant, net-leased Walgreens pharmacy located at 9005 N Navarro St, Victoria, TX 77904. The 14,820 square-foot building, constructed in 2009, sits on a 1.29-acre lot and enjoys a prominent, signalized corner location with high visibility along North Navarro Street (43,380 vehicles per day). The property benefits from its position in Victoria's Retail Village, an established retail center anchored by Kohl's and Academy Sports + Outdoors, and is surrounded by a dense cluster of major retailers including Lowe's, Sam's Club, Walmart, The Home Depot, Target, Ross, and PetSmart. The strong location is further enhanced by its proximity to Victoria Mall and a population of nearly 53,000 people within a five-mile radius, with an average household income of $95,963 within three miles. The Walgreens lease, an absolute NNN lease with no landlord responsibilities, has a remaining term of 9.2 years, expiring January 31, 2034, and includes ten 5-year renewal options. The property boasts a 6.25% cap rate and a net operating income (NOI) of $352,135, with an asking price of $5,634,160 ($380.17 per square foot). The property's consistent above-average sales volumes and location in the income tax-free state of Texas make this a compelling investment opportunity. Walgreens, a Fortune 500 company and a global leader in retail pharmacy, occupies the property at 100% occupancy. This is a rare chance to acquire a high-performing, stable investment in a prime retail location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $555,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $875,000
Market price range: $384k - $1.42M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $850,000 Current use
- INDUSTRIAL (GENERAL)
- $1,160,000 Change: +36% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Victoria
- County
- Victoria
- State
- Texas
- Longitude
- -96.9973
- Latitude
- 28.8787
- 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
$25,002
$956,750
$366,472
$1,323,222
-
$956,750
$366,472
$1,323,222
