1505 Rio GrandeVictoria, TX 77901

  • Retail properties
  • 88,038 SF
For Lease
$20/SF/YR View listing

Property Details for 1505 Rio Grande

Year built
2006
Construction
FRAME
Lot size
15.91 AC
Property size (Sq ft)
88,038 SF
Property type
Retail properties
Property subtype
Grocery and convenience stores
APN
35047-001-00100
APU
3504700100100

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $16,845,868
    6.5%
    $15,550,032
    7%
    $14,439,316
  • Comparable approach

    Method
    Valuation
    Relative Method
    $20,234,616
    Geo Method
    $50,421,160
  • Alternative Use

    Use
    Valuation
    Residential
    $13,117,034
    Hospitality
    $12,015,133
    Educational
    $9,996,449
    Medical
    $10,340,243
    Retail
    $15,550,032
1505 Rio Grande, Victoria, Texas

Location Insight

City
Victoria
County
Victoria
State
Texas
Latitude
28.8054
Longitude
-96.9885
CBSA code
47020
CBSA name
VICTORIA, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $4,132,910
  • Assessed land value
    $935,310
  • Assessed value
    $5,068,220
  • Tax year
    2023
  • Tax bill
    $95,764

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