Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    114 Avenue D N Clifton, TX 76634

    View on Map
    Sponsored
    For Sale
    $359,000

    Retail - Clifton, TX

    Type:Retail
    Property size:
    2,535 SF
    Lot size:
    0.05 Acres
    Days on Market:
    28
    Last Refresh:
    Mar 26 at 12:06 am

    Property Features for 114 Avenue D N

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    APN
    R32487
    Parking features
    On Street
    Size
    2,535 SF
    Lot size
    0.05 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1909
    Flooring type
    Concrete, Wood
    Building materials
    Concrete, Plaster
    Roof type
    Asphalt, Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Tai Cobb Klam

    Cobb Properties

    Listing agent Tai Cobb Klam License #0594871

    Listing date Feb 26, 2026

    MLS# 21042326 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Historic Mixed-Use Building in Clifton

    Located in downtown Clifton, Texas, the property at 114 N Ave. is a historic building suited for both commercial and residential use. Currently operating as a vintage boutique, the 2,535 sq. ft. property includes 1,000 sq. ft. of open retail space on the main level, along with an additional 500 sq. ft. of living quarters, complete with a full bath and laundry. A private garden and patio area, along with an owner’s parking spot, are located in the rear alley. The upstairs features a separate apartment with a private entrance, an open-concept living area, a spacious bedroom, tall ceilings with vintage woodwork, a full kitchen, and a bathroom with a clawfoot tub and shower. Clifton, known as the Norwegian Capital of Texas, is located 36 miles northwest of Waco and is a designated Texas Cultural District. Downtown Clifton offers restaurants, coffee shops, cocktail spots, boutiques, and specialty shops. Landmarks include the Cliftex Theatre and Market at the Mill.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sanctus Clothing Store La Thompson Gallery-Fine ... Art Gallery

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Clifton
    County
    Bosque
    State
    Texas
    Longitude
    -97.574339
    Latitude
    31.783795

    Nearby Similar for Sale

    • New
      $194,900
      0.17 Acres

      Updated Office/Retail Space on Corner Lot

      Move-in ready office or retail space with high-visibility frontage.
      603 Avenue G S, Clifton, TX 76634
      View Details
    • $968,500
      3,700 SF

      Clifton Barndominium on 17 Acres

      Custom 4-bedroom barndominium with shop on 17.2 acres.
      1875 Fm 2136, Clifton, TX 76634
      View Details
    • New
      $189,500
      0.12 Acres

      Highway 6 Office in Clifton

      Commercial office building with high visibility on Highway 6.
      202 Avenue G N, Clifton, TX 76634
      View Details
    • $349,000
      0.37 Acres

      Historic Downtown Clifton Income Property

      Income-producing property with office/retail space and Airbnb rental.
      113 Avenue D S, Clifton, TX 76634
      View Details
    • $169,999
      0.69 Acres

      Income-Producing Storage Units For Sale

      52 storage units for sale in Clifton, Texas.
      902 Avenue F N, Clifton, TX 76634
      View Details
    • $6,465,000
      431.05 Acres

      Sprawling Ranch in Bosque County

      431-acre ranch ideal for hunting, recreation, or investment.
      Unk Cr 3210, Clifton, TX 76634
      View Details
    • $199,500
      0.40 Acres

      Clifton, TX Commercial Property

      Commercial property with ample space and fenced outdoor area.
      1711 W 5Th St, Clifton, TX 76634
      View Details
    • $169,999

      Income-Producing Storage Units For Sale

      52 storage units for sale, includes small lot.
      902 Avenue F N, Clifton, TX 76634
      View Details
    • $765,000
      5,500 SF

      Clifton, TX Commercial Property

      Prime 4.71-acre commercial land with buildings.
      560 State Hwy, Clifton, TX 76634
      View Details
    • $569,000
      26.00 Acres

      Clifton, TX Commercial Land Investment

      26 Acres, Hwy 6 Frontage, Development Ready
      Tbd Tx-6 Hwy, Clifton, TX 76634
      View Details
    • $569,000
      26.00 Acres

      Clifton, TX Land - Hwy 6 Frontage

      26 Acres, Hwy 6 Frontage, Development Ready
      Tbd State Hwy 6 Hwy, Clifton, TX 76634
      View Details
    • $1,199,000
      58.13 Acres

      Clifton, TX - Hwy 6 Land

      58 Acres, Hwy 6 Frontage, Investment Opportunity
      Tbd State Hwy 6 Hwy, Clifton, TX 76634
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Versatile commercial and residential property in downtown Clifton, Texas.
    Where is this mixed-use property located?
    The property is located at 114 Avenue D N Clifton, TX.
    What is the asking price?
    The asking price for this property is $359,000.
    What are key features of this property?
    This property features: - Versatile 2,535 sq. ft. historic building suitable for commercial and residential use.; - Upstairs apartment with private entrance features open-concept living, full kitchen, and clawfoot tub.; - Prime downtown Clifton location in a designated Texas Cultural District.
    (254) 253-0157
    Request Owner's contact information
    114 Avenue D N Clifton, TX 76634
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    114 Avenue D N
    Clifton, TX 76634
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    114 Avenue D N Clifton, TX 76634
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Tai Cobb Klam
    Real Estate License ID: 0594871
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!