4104 Houston HwyVictoria, TX 77901

Property Details for 4104 Houston Hwy

Year built

1981

Construction

FRAME

Lot size

5.75 AC

Property size (Sq ft)

12,652 SF

Property type

Retail properties

Property subtype

Bars

APN

11160-001-00100

APU

1116000100100

Description

This exceptional 0.5-acre commercial pad site is strategically located at 4104 Houston Highway in Victoria, Texas, zip code 77901. Situated in Victoria County, this property presents a remarkable opportunity for developers and investors seeking high-visibility placement within a thriving commercial corridor. The lot's prime location on heavily traveled Houston Highway ensures significant daily traffic exposure, ideal for businesses seeking maximum brand visibility and customer accessibility. The surrounding area boasts a diverse mix of established retail outlets, restaurants, and office spaces, creating a vibrant and bustling commercial environment. The presence of established residential neighborhoods in close proximity further enhances the property's appeal and potential for attracting a wide range of clientele. This level lot offers significant development potential, making it suitable for a variety of commercial uses, from retail establishments and restaurants to office buildings and other commercial ventures. The asking price for this exceptional property is $250,000. Its convenient location, high visibility, and surrounding commercial activity make this a truly compelling investment opportunity. The property's coordinates are 28.8180237 latitude and -96.9608576 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $2,420,931

  6.5%

  $2,234,706

  7%

  $2,075,084

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,907,930

  Geo Method

  $7,246,058

• Alternative Use

  Use

  Valuation

  Residential

  $1,885,058

  Hospitality

  $1,726,703

  Educational

  $1,436,596

  Medical

  $1,486,003

  Retail

  $2,234,706

Location Insight

City

Victoria

County

Victoria

State

Texas

Latitude

28.819

Longitude

-96.9615

CBSA code

47020

CBSA name

VICTORIA, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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