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    1116 Fulton St Wharton, TX 77488

    For Sale
    $147,000

    Vacant 2,200 SF Shopping Center in Wharton, TX

    Property size:
    2,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2,200 square foot vacant retail building, located at 1116 N Fulton Street in Wharton, Texas, presents a unique investment opportunity. Built in 1977, this single-story shopping center sits on a 0.18-acre lot and offers significant potential for redevelopment or repurposing. Previously used as an eye doctor's office, the property's versatile layout allows for a variety of uses, including conversion to a duplex, single-family residence, or continued commercial operation. Key features include separate entrance doors on each side of the building, multiple back exit doors, and bathrooms conveniently located at each end. The asking price is $147,000. Its prime location in Wharton County, Texas, zip code 77488, offers excellent accessibility and visibility. This multi-use building represents a rare find in a desirable area, providing a strong foundation for a successful investment. The property's vacant status allows for immediate customization and adaptation to suit the buyer's specific needs and vision. This is an ideal opportunity for investors seeking a flexible and adaptable property with high potential for return. The property's existing infrastructure, including multiple entrances and bathrooms, simplifies the conversion process for various uses. Don't miss this chance to acquire a versatile commercial property in a thriving Texas community.

    Property Features for 1116 Fulton St

    General Information

    Property type
    Lifestyle centers
    Square Feet
    2,200 SF
    Lot Size
    7,841 SF

    Building Details

    Year Built
    1977
    Stories
    1

    HighLights

    • 2,200 SF vacant retail building on a 0.18‑acre lot in Wharton, TX.
    • Built in 1977, asking price $147,000.
    • Located at 1116 N Fulton Street, Wharton, TX 77488.
    • Versatile layout suitable for redevelopment, repurposing, or continued commercial use (e.g., duplex, single‑family home).
    • Features multiple entrances and bathrooms.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wharton
    County
    Wharton
    State
    Texas
    Longitude
    -96.0962343
    Latitude
    29.3199873

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    FAQs

    What type of property is this?
    Lifestyle center - Vacant 2,200 SF Shopping Center in Wharton, TX
    Where is this lifestyle center located?
    The property is located at 1116 Fulton St Wharton, TX.
    What is the asking price?
    The asking price for this property is $147,000.
    What are key features of this property?
    This property features: 2,200 SF vacant retail building on a 0.18-acre lot in Wharton, TX.; Built in 1977, asking price $147,000.; Located at 1116 N Fulton Street, Wharton, TX 77488.
    Request Owner's contact information
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    Wharton, TX 77488
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1116 Fulton St Wharton, TX 77488
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