409 Enterprise DrVictoria, TX 77905

  • Office buildings
  • 13,760 SF
For Lease
$10.56/SF/YR View listing

Property Details for 409 Enterprise Dr

Year built
2011
Construction
FRAME
Lot size
3.99 AC
Property size (Sq ft)
13,760 SF
Property type
Office buildings
APN
08420-002-00700
APU
842000200700

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,791,118
    6.5%
    $1,653,340
    7%
    $1,535,244
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,254,997
    Geo Method
    $3,127,235
  • Alternative Use

    Use
    Valuation
    Residential
    $2,050,142
    Hospitality
    $1,877,919
    Educational
    $1,562,406
    Medical
    $1,616,140
    Retail
    $2,430,410
409 Enterprise Dr, Victoria, Texas

Location Insight

City
Victoria
County
Victoria
State
Texas
Latitude
28.7831
Longitude
-97.1066
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
$8,690
$84,210
$536,620
$620,830
-
$84,210
$536,620
$620,830

FAQs

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