Institutional $1 Absolute | Houston Commercial Corridor

$1 Starting Bid

Auctioneer: Lamar P. Fisher

Auctioneer Company: Fisher Auction Company Inc.

Auctioneer License: 10344

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.

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.

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