Sealed Bid Auction – Texas Industrial Property Liquidation – Oil & Gas Yard Locations in Permian Basin, Eagle Ford Shale & Across Texas!

Property Info

THIS IS A SEALED BID AUCTION

Bids Due – Thursday, November 13th at 5PM CDT

 

  • 7 Properties – Including Office/Industrial Warehouse/Yard Space
  • Income Producing Leased Properties
  • Ranging from 3.25+/- to 46+/- Acre Parcels
  • Substantial Income Potential
  • Premium Locations across both Basins!

 

Exciting opportunity to acquire the most diverse offering of Texas Oil & Gas related properties to be offered to the market in recent history.  The portfolio includes positions across both the Permian Basin and Eagle Ford Shale with locations in Monahans, Odessa, Pleasanton and Nordheim, Texas.  With parcels ranging from 3.25+/- to 46+/- acres, there is a diversity here to fit a variety of potential needs.  Outside the Oil & Gas space, these properties are suitable for many other potential commercial uses.  Bidders will have the opportunity to place bids on any individual property or combination that best fits YOUR NEEDS.  Don’t miss your opportunity at this exceptional offering of Texas Real Estate!

Maps

TRACT 1

TRACT 2

TRACT 3

TRACT 4-5

TRACT 6

TRACT 7

AREA MAP(S)

TRACTS 1-2

TRACTS 3-7

Terms

BIDDING PROCEDURE: Tracts 1 through 7 will be offered in individual tracts or combinations of tracts via a Sealed Bid Auction, with bidding procedures more specifically outlined in the Sealed Bid Packet.  The final bids are subject to the Seller’s acceptance or rejection.

PURCHASE CONTRACT: With the submission of a Bid(s), each Buyer is required to sign the purchase contract documents in the forms provided in the Sealed Bid Packet.  All statements and information in the marketing materials are subject to the terms and conditions of the purchase contract documents.  Seller shall not be bound by any statement, promise or inducement that is not contained in the purchase contract documents.

BUYER’S PREMIUM: The purchase price will be the bid amount plus a 4% buyer’s premium.

DOWN PAYMENT: 10% of the total contract purchase price will be due as a down payment on the day of auction, with the balance due in cash at closing. The down payment may be made in the form of cashier’s check, personal check, or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.

DEED: Seller shall be obligated only to convey a merchantable title by Special Warranty Deed.

EVIDENCE OF TITLE: Seller agrees to make available to bidder a preliminary title insurance commitment to review prior to auction. The cost of title insurance will be shared equally (50:50) by buyer(s) and Seller. Seller agrees to provide merchantable title to the property subject to matters of record, general conditions of title, and similar related matters. All tracts sold “AS-IS”.

CLOSING: The closing shall take place 30 days after the auction or as soon thereafter as applicable closing documents are completed by Seller.

POSSESSION: Possession shall be at closing, subject to rights of current tenants.

SURVEY: A new survey will be obtained only in necessary to record the conveyance or if otherwise deemed appropriate in the Seller’s sole discretion.  If a new survey is obtained, the survey cost will be shared equally by Seller and Buyer.

TRACT MAPS; ACRES: Tract maps, advertised acres, building dimensions and square footages are approximations based on existing tax parcel data, legal descriptions &/or aerial mapping data and are not provided as survey products.

REAL ESTATE TAXES: Real Estate taxes shall be prorated to the date of closing.

MINERALS: Seller specifically excepts and reserves all minerals, including without limitation, oil, gas, coal, coalbed methane, and all other hydrocarbons, lignite, and all metallic minerals, etc., if any, associated with the referenced real estate, and the term “Property” will not include any mineral rights.

CONDUCT OF AUCTION: The conduct of the Sealed Bid Auction will be at the direction and discretion of the Auction Company, Seller and its agents reserve the right to preclude any person from bidding if there are any questions as to the person’s identity, credentials, fitness, etc.

AGENCY: Charles B. Wellings, Schrader Real Estate and Auction Company, Inc., and their representatives are exclusive agents of the Seller.

DISCLAIMER AND ABSENCE OF WARRANTIES: ALL PROPERTY IS OFFERED “AS IS, WHERE IS”. NO WARRANTY OR REPRESENTATION, STATED OR IMPLIED, IS MADE BY SELLER OR AUCTION COMPANY CONCERNING THE PROPERTY.  Prospective bidders are responsible for conducting their own independent inspections, investigations, inquiries and due diligence concerning the property.  The information contained in the marketing materials is provided in order to facilitate (and not as a substitute for) a prospective bidder’s pre-auction due diligence.  All marketing materials are subject to a prospective bidder’s independent verification.  Seller and Auction Company assume no liability for any inaccuracies, errors or omissions in such materials.  All sketches and dimensions are approximate.

CHANGES: Please regularly check www.schraderauction.com and www.schraderwellings.com to review any changes and/or additional information.  THE PURCHASE CONTRACT DOCUMENTS WILL SUPERSEDE THE MARKETING MATERIALS AND ANY OTHER PRIOR STATEMENTS.

Attachments

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Description

Tract 1: 24.24+/- Acre Property with Industrial Storage & Warehouse in Permian Basin
Address: 5118 South Veronica Street, Monahans, Texas 79756 -​ Ward County 

Property Overview: Excellent storage, warehouse and yard space located in the Monahans, Texas. ​ The site features 19,697 square feet of gross building area, including 18,012 square feet of industrial space and 1,985 square feet of office space. ​ Includes 3 mobile homes and office area. Property is fully fenced

Key Features:
Building Sizes: Over 19,000 SF Building Space

Clear Height: 12′ – 24′ ​
Loading Bays: Dock-height loading bays and 18 grade-level drive-in bays ​
Buildings: 3 buildings constructed between 1985 and 2008
Additional Improvements: UPDATE – MOBILE HOMES ARE NOT INCLUDED

​Parking: Adequate surface (Currently used as equipment storage yard)
Flood Zone: Zone X (Unshaded) ​
Zoning: None (outside city limits) ​

Tenant Status: Vacant – Immediately Available

Location Highlights:

Located in the Odessa Metropolitan Statistical Area, known for its strong ties to the oil and gas industry. ​

 

Tract 2: 46.17+/- Acres Property with Custom Home, Shop, Mobile Home & Land
Property Address: 1751 South Fork Street, Odessa, Texas ​- Ector County

Property Overview: This unique property offers 46.17 acres of improved land located in Ector County, Texas. ​ The site features a 2,823 SF single-family residence, 3BD/2BA, open floor plan, well-appointed kitchen, exceptional home, 3 car garage, large patio. The property also has a 3,750 SF warehouse and is fully fenced.  The property is ideal for residential, agricultural, or business use.

Key Features: Single-Family Residence
Size: 2,823 SF ​
Year Built: 2006

Construction: Wood frame with brick veneer and pitched roof, Interior: Ceramic tile floors, carpet, taped and painted sheetrock ceiling, and wood-framed partition walls ​

Warehouse: ​

Size: 3,750 SF ​Construction: Metal with pitched roof and metal façade ​

Additional Improvements:

993 SF garage ​
856 SF patio ​
Perimeter fencing
Concrete and asphalt paving ​
Partial caliche base ​

Land Details: ​

Total Size: 46.17 acres
Topography: Rectangular, level, and well-drained ​
Utilities: Well water, septic system, electrical, and natural gas ​
Zoning: None (outside city limits) ​
Flood Zone: None ​

Tenant Status: Vacant – Immediately Available

Location Highlights:

Situated at the northwest corner of South Fork Street, north of Loop 338 ​Easy access to Interstate 20 and other major thoroughfares ​Located in the Midland-Odessa area, a hub for the Permian Basin’s oil and gas industry. This property is perfect for buyers seeking a versatile site with existing improvements and ample acreage in a prime West Texas location.

 

Tract 3: 24.99+/- Acre Property with Office, Warehouse, Truck Wash and Yard Facility

Address: 636 County Road 429, Pleasanton, Texas -​ Atascosa County

Overview: This 38,250 SF office/warehouse facility is situated on a 24.99-acre site in Pleasanton, Atascosa County, Texas. The property features two main buildings, covered storage, and a truck wash bay, making it ideal for industrial or logistics operations. The site offers ample space for parking and yard use. ​ Property is fully fenced.

Key Features: ​
Total Building Area: 38,250 SF ​

Office/HVAC Area: 12,368 SF (32%) ​
Warehouse Area: 25,882 SF ​

Additional Structures: ​

12,750 SF covered storage ​
5,050 SF truck wash bay ​

Site Details:

Land Size: 24.99 acres (1,088,564 SF) ​
Ceiling Height: +/- 25’ clear height in warehouse areas ​
Year Built: 2012/2013
Topography: Level with adequate drainage ​
Utilities: Private well, septic system, electricity, and natural gas ​
Zoning: None (unincorporated area) ​

Location Highlights:

Located south of Pleasanton, Texas, approximately 38 miles from San Antonio. ​
Easy access to major thoroughfares, including US Highway 281 and State Highway 97. ​
Situated in the Eagle Ford Shale region, a hub for industrial and oil-related activities. ​

Tenant Status: Currently Leased on Annual NNN Basis

Location Highlights:
This property is a prime opportunity for industrial development or continued use as an office/warehouse facility. ​

 

Tract 4: 3.25+/- Acre Property with Office and Warehouse Building ​
Address: 872 Cemetery Road, Nordheim, Texas 78141 ​ – Dewitt County

Property Overview: This 12,843 SF office/warehouse building, constructed in 2016, is situated on a 3.25-acre site in DeWitt County, Texas. ​ The property features metal construction with a pitched metal roof, 6,888 SF (54%) office/HVAC space, and 5,955 SF warehouse space. The building has a clear height of 30’, and is in good overall condition. Property is fully fenced.

Key Features: ​

Land Size: 3.25 acres (141,570 SF) ​
Building Size: 12,843 SF ​
Office/HVAC Area: 6,888 SF (54%) ​
Warehouse Area: 5,955 SF ​
Clear Height: 30’ ​
Foundation: Reinforced concrete slab ​
Utilities: Water well, private septic system, electrical, and natural gas ​
Site Improvements: Perimeter fencing, asphalt drives, concrete parking
Zoning: None (Unincorporated area of DeWitt County) ​

Tenant Status: Vacant – Immediately Available

Location Highlights:

Located near FM 1447/FM 682 with good access to major highways. Within driving distance of major metropolitan areas: San Antonio (90 miles), Corpus Christi (110 miles), and Houston (155 miles).

 

Tract 5: 10.25+/- Acre Property with Office, Warehouse and Yard Facility ​
Address: 686 Cemetery Road, Nordheim, Texas 78141 – DeWitt County

Property Overview: This 23,022 SF office/warehouse facility is situated on a 10.25-acre site in DeWitt County, Texas. ​ The property consists of three metal buildings, offering a mix of office, HVAC warehouse, and mezzanine spaces. Property is fully fenced. ​ It is currently leased & occupied by KLX.

Key Features:

Office Space: 6,551 SF (28%) ​
HVAC Warehouse Space: 5,000 SF (22%) ​
Warehouse Area: 20,551 SF ​
Mezzanine Space: 6,161 SF (not included in GBA) ​
Covered Area: 20,000 SF (not included in GBA) ​
Clear Height: 26’ ​
Year Built: 2013/2021

Site Details:

Lot Size: 10.25 acres (446,490 SF) ​​
Utilities: Water well, private septic system, electrical, and natural gas ​
Zoning: None ​

Additional Features:

Perimeter fencing
Asphalt drives and concrete parking ​
Multiple equipment cranes

Tenant Status: Currently Leased on Annual NNN Basis

Location Highlights:

Accessible via FM 1447/FM 682.  Nearby major highways include US Highway 77 Alternate and US Highway 87. Within driving distance of major metropolitan areas: San Antonio (90 miles), Corpus Christi (110 miles), and Houston (155 miles).

 

Tract 6: 8,775 SF Commercial Office Building in Nordheim, Texas ​
Property Address: 117 Broadway, Nordheim, Texas 78141 ​– Dewitt County

Property Overview: This 8,775 SF office building, located at the east corner of Broadway and 1st Avenue in Nordheim, Texas, offers a prime opportunity for commercial use. ​ The property is 100% owner-occupied and features a masonry construction with a pitched metal roof. ​ Built in 1920 and updated since, the building is in average condition and is well-suited for continued use as an office space.

Property Features: ​

Building Size: 8,775 SF (Gross Building Area) ​
Land Size: 1.19 acres (52,011 SF) ​
Construction: Masonry with a pitched metal roof ​
Additional Structures: 1,110 SF dilapidated shed
Utilities: Public water, sewer, electric, and natural gas ​
Zoning: None (unrestricted use) ​
Parking: Asphalt/concrete parking and drives ​

Tenant Status: Vacant – Immediately Available

Location Highlights:

Approximately 9 miles southeast of Yoakum and 14 miles northeast of Cuero. ​
Within driving distance of major metropolitan areas: San Antonio (90 miles), Corpus Christi (110 miles), and Houston (155 miles). ​

 

Tract 7: 24.35+/- Acre Property with Office, Warehouse and Yard Facility ​
Address: 64 Thieme Road, Nordheim, Texas 78141 ​ – Dewitt County 

Property Overview: This 35,457 SF office/warehouse facility is situated on a 24.35-acre site in Nordheim, Texas. The property consists of two metal buildings, offering a mix of office and warehouse space. Property is fully fenced. ​ It is currently 100% owner-occupied and is in good overall condition.

Key Features:

Office Space: 12,906 SF (36%) ​
HVAC Warehouse Space: 2,000 SF (6%) ​
Warehouse Space: 20,551 SF ​
Mezzanine Space: 1,448 SF (not included in GBA) ​
Covered Area: 7,250 SF (not included in GBA) ​
Clear Height: 26 feet ​
Land Area: 24.35 acres (1,060,686 SF) ​
Year Built: 2009/2013
Zoning: None ​

Site Details:

Utilities: Water well, private septic system, electric power ​
Access: Located at the north corner of Thieme Road and Highway 72, with good accessibility to major thoroughfares

Tenant Status: Vacant – Immediately Available

Location Highlights:
This property offers a prime opportunity for industrial use or continued operation as an office/warehouse facility. ​Within driving distance of major metropolitan areas: San Antonio (90 miles), Corpus Christi (110 miles), and Houston (155 miles).

Charles B. Wellings, Broker & Auctioneer: Broker License #618910 & Auctioneer License #16950

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Auction Date:

11/13/2025 5:00pm

Other INFO

Property Locations:

5118 S. Veronica Street, Monahans, TX 79756

1751 S. Fork Street, Odessa, TX 79766

636 CR 429, Pleasanton, TX 78064

872 Cemetery Rd, Nordheim, TX 78141

686 Cemetery Rd, Nordheim, TX 78141

117 Broadway, Nordheim TX, 78141

64 Thieme Rd, Nordheim, TX, 78141

Open House / Inspection Dates:

Meet a Schrader Auction Representative at the properties (See Below)

  • Wednesday, October 22nd – 9-12PM – Tracts 1 & 3
  • Wednesday, October 22nd – 2-5PM – Tracts 2 & 4-7
  • Wednesday, November 5th – 9-12PM – Tracts 1 & 3
  • Wednesday, November 5th – 2-5PM – Tracts 2 & 4-7
  • Thursday, November 13th – 9-12PM – Tracts 1 & 3
  • Thursday, November 13th – 2-5PM – Tracts 2 & 4-7

Auction Location:

THIS IS A SEALED BID AUCTION

Bids Due – Thursday, November 13th at 5PM CDT

Bid Delivery Location:  UPDATE BELOW!!

  • In Person Delivery: November 13th – 9am to Noon
    • Auction Tract 1 – 511 S. Veronica St., Monahans, Texas
    • Auction Tract 3 – 636 CR 429, Pleasanton, TX 78064
  • In Person Delivery: November 13th – 2pm to 5pm
    • Auction Tract 2 – 1751 S. Fork Street, Odessa, TX 79766
    • Auction Tract 6 – 117 Broadway, Nordheim, TX 78141
  • UPS or FedEx Delivery: 101 N. Main Street, Stillwater, OK 74075

11/13/2025 5:00pm