5106 Navarro StVictoria, TX 77904

  • Strip malls
  • 38,736 SF

Property Details for 5106 Navarro St

Year built
1977
Construction
FRAME
Lot size
2.47 AC
Property size (Sq ft)
38,736 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
49620-001-001AR
APU
49620001001AR

Description

This exceptional retail opportunity presents 20,364 square feet of vacant space within the established Northcross Shopping Center in Victoria, Texas. Located at 5106, 5201, 5209-23, 5303-19, and 5301 N. Navarro, zip code 77904, this single-story shopping center offers multiple suites ranging from a minimum of 1,200 square feet to a maximum contiguous space of 14,798 square feet. The property boasts a total of four suites, all currently available. The center benefits from a high-traffic location off Navarro Street, further enhanced by strong anchor tenants including Ashley Furniture, Ace Hardware, Dollar Tree, and Jason's Deli, which generate significant foot traffic and visibility. This presents a unique chance to establish a retail presence in a thriving Victoria County commercial district. The property is situated in Victoria, TX, within Victoria County. This is an excellent opportunity for businesses seeking high visibility and access to a substantial customer base. The property's size and layout offer flexibility for a variety of retail concepts. Contact us today to learn more about this exceptional retail investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,412,044
    6.5%
    $6,841,887
    7%
    $6,353,181
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,903,066
    Geo Method
    $22,184,898
  • Alternative Use

    Use
    Valuation
    Residential
    $5,771,388
    Hospitality
    $5,286,560
    Educational
    $4,398,356
    Medical
    $4,549,622
    Retail
    $6,841,887

Location Insight

City
Victoria
County
Victoria
State
Texas
Latitude
28.8423
Longitude
-96.9996
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
$47,842
$1,614,060
$885,940
$2,500,000
-
$1,614,060
$885,940
$2,500,000

FAQs

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