Broker/Owner

A fifth-generation Texan and lifelong Wharton County resident, Eric was raised in Crescent, where he worked alongside his father in the family’s farming and ranching operations. After completing his education at the University of Houston, he launched his real estate career in Houston and went on to found C.E. Muegge Real Estate in 1975.

2320 County Road 166 Brochure.pdf

This 112.78-acre agricultural-exempt property presents a strong development opportunity with extensive road frontage and convenient access to nearby amenities, including Wharton ISD, Wharton Junior College, retail centers, and surrounding apartment communities. Approximately 35 acres are designated as wetlands, offering the ability to thoughtfully incorporate natural features into a future development through scenic trails, green space, or conservation areas. Located outside the city limits yet eligible for annexation, the property provides the potential to connect to city utilities, adding flexibility and long-term value for a range of development possibilities.

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Location Amenities

Brochure.pdf

This strategically located 14.81-acre industrial property in New Gulf, Texas offers exceptional infrastructure and modern development potential, making it well suited for uses such as data centers, energy operations, or small-scale refining. The site includes a 6,000 SF warehouse, a 3,500 SF main building with 250-amp three-phase power, central AC, water softener, multiple bathrooms, and flexible space adaptable for offices, meeting rooms, or living quarters, along with a 1,500 SF metal building ideal for manufacturing or storage. Enhanced by 1,000-amp three-phase power, nearby access to a power plant, gas line, and transmission lines within 250 yards, three 18,000-gallon storage tanks, and an existing PBR environmental permit, the property is fully equipped for heavy industrial use. Additional features include an all-weather road, secure fencing, high and dry elevation outside the floodplain, and close proximity to a gas pipeline. Offered at a compelling value with improvements priced well below replacement cost, this property presents a rare opportunity to acquire an infrastructure-rich industrial site in a growing market.

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This 5.914-acre general commercial tract in Richmond, Texas offers exceptional visibility and access with frontage along two high-traffic roadways. The property is fully serviced with water and sewer, featuring a 12-inch water line and 8-inch sewer line along FM 1640, and an 8-inch water line with a 10-inch sewer line along FM 2218. With approximately 293 feet of frontage on FM 1640 and 371 feet on FM 2218, the site provides strong exposure, is outside the flood zone, centrally located, and allows for subdivision. Surrounded by established and growing area amenities—including the former TSC site, George Memorial Library, Walmart, the WCJC Richmond campus, Lamar and Terry High Schools—and offering quick access to US 59 and Brazos Town Center, the property is well positioned for near-term commercial development or as a long-term investment while maintaining its agricultural exemption.

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This 34.58-acre commercial property presents an outstanding development opportunity with prime visibility as a corner site just off I-69 South. Offering access to city utilities, the property is suitable for a variety of commercial or mixed-use projects, including retail, industrial, hospitality, or investment developments. Its high-traffic location, excellent access, and proximity to major transportation routes make it an ideal site for large-scale development. The parcel can also be subdivided, providing flexibility for buyers who require a smaller portion of the property.

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Newly constructed dual drive-thru 7 Brew Coffee in Brownwood, Texas, offered at $1,683,000 at a 6.00% cap ($101,000 NOI). The single-tenant asset is secured by a 15-year absolute NNN ground lease with 10% rent increases every five years and zero landlord responsibilities. The structure is fully passive and management-free, which suits out-of-state and 1031 buyers.

Built in 2025, the 510 SF building sits on a 44,431 SF (1.02-acre) C-1 parcel with 12 parking spaces along Commerce Street (US-84/US-377), Brownwood's primary commercial corridor. The trade area is anchored by Walmart Supercenter, Home Depot, and United Supermarkets, with neighboring national QSR brands such as Chick-fil-A, McDonald's, Whataburger, and Starbucks. About 36,000 residents live within ten miles.

Highlights:
• 15-year absolute NNN ground lease with zero landlord responsibilities
• 10% rent increases every five years
• New 2025 construction, dual drive-thru
• Leased-fee ownership; passive, 1031-eligible income
• Anchored corridor alongside Walmart Supercenter and Home Depot

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**ACTUAL SUMMARY FOR THE PROVIDED RECORD:**

34.58-acre commercial development site in El Campo, Texas, offered at $3,318,000. The corner parcel fronts US-59 with prime visibility just off I-69 South and has direct access to city utilities, making it suitable for retail, industrial, hospitality, or mixed-use projects. The property can be subdivided, offering flexibility for buyers seeking a smaller footprint.

Zoned General Business (GB), the site's high-traffic location and proximity to major transportation corridors position it well for large-scale commercial or investment development. The excellent access and utility infrastructure reduce development lead time and costs.

Highlights:
• 34.58 acres with corner visibility on US-59
• Just off I-69 South with high-traffic exposure
• City utilities available
• General Business zoning
• Subdividable for flexible development options

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This 173-acre tract is part of a larger 332.116-acre assemblage, offering outstanding access with approximately 1,565 feet of frontage on Koym Road and more than 1,950 feet along Walker Road. Its strategic location and extensive road frontage make it an excellent opportunity for residential development in a rapidly growing area. The property features approximately 70% productive cropland and 30% open pasture, making it ideal for farming, livestock grazing, or other agricultural uses. It also offers recreational opportunities, including dove and duck hunting. With its combination of development potential, agricultural productivity, and outdoor appeal, this property presents a versatile investment opportunity for a variety of uses.

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173-acre commercial land tract in Fort Bend County, Texas, offered at $4,362,500. The property is part of a larger 332-acre assemblage and features approximately 1,565 feet of frontage on Koym Road plus over 1,950 feet along Walker Road, providing exceptional visibility and access for development. The land comprises roughly 70% productive cropland and 30% open pasture, supporting both agricultural operations and future residential or mixed-use development.

The strategic location and extensive road frontage position this tract as a prime opportunity in a rapidly growing area. Current uses include farming, livestock grazing, and recreational hunting (dove and duck). The combination of development potential, established agricultural productivity, and outdoor amenities makes this a versatile holding for investors seeking either near-term agricultural income or longer-term development upside.

Highlights:
• 173 acres with 1,565 feet of Koym Road frontage and 1,950+ feet on Walker Road
• Part of larger 332-acre assemblage offering additional scale
• 70% productive cropland, 30% open pasture
• Rapid-growth Fort Bend County market
• Dual-use potential: agricultural income or residential/mixed-use development

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C.E. Muegge Real Estate

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C.E. Muegge Real Estate - Commercial Real Estate Brokerage

C.E. Muegge Real Estate

Commercial Brokers

Active Listings