For Auction

Institutional $1 Absolute | Houston Commercial Corridor

207 West Ahldag Avenue,
Wharton, TX 77488
$1

Absolute Auction

First bid meets reserve

Asset Snapshot

Real Estate
Asset Type
Office
Property Type
Suburban Office
Office Subtype
1984
Year Built
1
Floor Count
14
Parking Spots
10,527
Vehicles Per Day
0.19 Acres
Land Area
1,929 SF
Property Size

Investment Highlights

Freestanding Building with Upside
Built in 1984, the ±1,929 SF single-story facility includes 14 parking spaces.
Vacant Delivery Unlocks Owner-User Upside
Immediate control supports occupancy, lease-up or repositioning without an existing tenancy.
Strong US-59 Business Corridor Connectivity
Nearby corridor carries traffic of ±10,527 VPD providing regional connectivity.
Established Business Setting with Retail
Central downtown location surrounded by Walmart, H-E-B, McDonald’s and Tractor Supply.
Attractive Five-Mile Consumer Base
±12,159 residents and $62,572 average household income support a broad local consumer base.
Absolute $1 Auction
FIRST BID MEETS RESERVE!

Offering Summary

Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 207 W Ahldag Avenue in Wharton, Texas is a vacant, ±1,929-square-foot freestanding office/retail building positioned for owner-user occupancy, lease-up, or adaptive reuse. Built in 1984 and formerly occupied by American National Insurance Company, the single-story Property includes 14 on-site parking spaces and will be delivered free of leases, creating an immediate opportunity for owner-users, investors or local businesses. The site is accessed from W Ahldag Avenue just off N Richmond Road/US-59 Business, an established commercial corridor carrying approximately 10,527 VPD. The City of Wharton does not maintain conventional zoning districts, creating flexibility for potential retail, office, service, and other commercial uses, subject to municipal approval and buyer verification. Nearby demand generators include H-E-B, Tractor Supply, McDonald’s, Anytime Fitness, Ace Hardware, Pizza Hut and a local elementary school. Within five miles, the trade area includes ±12,159 residents, 582 businesses and 5,244 employees, with median household income of ±$62,572. Its manageable footprint, corridor proximity, and vacant delivery create a flexible acquisition opportunity for office occupancy, service-oriented use, lease-up or repositioning, subject to buyer verification and municipal approvals.

Due Diligence

Location

Wharton is an established Southeast Texas market located approximately 60 miles southwest of Houston along the U.S. Highway 59/Future I-69 corridor. As the county seat of Wharton County, the city serves as a regional hub for government, healthcare, education, and retail, with major employers including Wharton County Junior College, Wharton ISD, and OakBend Medical Center.

Transaction Managers

Platform Fee

Buyer pays a minimum platform fee of 5% or $20,000 at closing.

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Auctioneer

Lamar P. Fisher
Fisher Auction Company Inc.
License: 10344

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Auction Opens In
41d 23h 33m 17s
$1
Starting Bid
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Bidding Closes

Investment Sales Brokers

Keith Lloyd
Marcus & Millichap
TX License: 307120
TS
Tim Speck
Marcus & Millichap
TX License: 9002994

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.