Current Use by Public Records
- Office Spaces
Property Details for 214 Ahldag Ave
- Year built
- 1984
- Property type
- Office Spaces
Description
This single-story, 1984-built office building at 214 W Ahldag Ave, Wharton, TX 77488, presents a compelling investment opportunity. The property boasts 1,000 square feet of traditional office space, currently leased at $1,800 per month, with a lease expiration date of September 30, 2025 (approximately 0.9 years remaining). The building features ten parking spaces, including handicap-accessible parking and ramps. Significant upgrades have been implemented, including a new air conditioning system, bulletproof glass, an additional restroom plumbed for a tub/shower, updated gas lines, power and manual storm window covers, a security system, security bars on windows, and police panic buttons. A shed provides additional storage. The property offers a 0.68% cap rate and a net operating income (NOI) of $1,800. This well-maintained building presents endless possibilities for a variety of uses, making it an attractive investment for those seeking a stable, income-generating property in Wharton County, Texas. The property is situated in Wharton, TX, zip code 77488.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wharton
- County
- Wharton
- State
- Texas
- Longitude
- -96.0939
- Latitude
- 29.3316
