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Property profile & analytics
OFF-MARKET Estimated value $1,780,000
Commercial real estate

1506 Alabama Rd Wharton, TX 77488-3271

17,600 SF 1 ac lot Built 1991
Individually Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-6768466
Property summary
AI-generated overview

This exceptional 14,255 square foot medical office building, situated at 1506 N Alabama Rd, Wharton, TX 77488, presents a prime leasing opportunity. Built in 1991 and extensively renovated in 2022, the single-story building boasts 18 suites within a single building, offering flexibility for various medical practices. Currently, 6,000 square feet of space is available, with the largest contiguous space measuring 3,402 square feet. A smaller space of approximately 2,793 square feet, previously utilized as a dental office, is also immediately available. The property features ample parking with 30 spaces and is conveniently located along the well-traveled Alabama Road, intersecting with FM 1301 (Boling Highway), ensuring high visibility and accessibility. The building is zoned for commercial use and is equipped with power. This location offers an excellent chance to establish or expand a medical practice in a thriving community. The available space is adaptable to suit a range of medical needs, making it an ideal choice for healthcare professionals seeking a modern, well-maintained facility. The potential to lease additional contiguous space provides scalability for growing businesses. Don't miss this opportunity to secure a prominent location in Wharton, Texas.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1991
Total area 17,600 SF
Lot 1 ac (43,516 SF)
APN 17284
UPID US82-6768466
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.78M
Owner & transaction history
Eugene Dueck · 2 yrs held
Eugene Dueck
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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