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    Versatile Office and Retail Suite Title is generated by Realmo AI

    603 N Nolan River Road, Cleburne, TX 76033

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    For Sale
    $389,000

    SINGLE_FAMILY - Cleburne, TX

    Type:Office
    Property size:
    1,500 SF
    Lot size:
    0.22 Acres
    Price / SF:
    $259/SF
    Added:
    Jun 19, 2026
    Days on Market:
    9
    Last Refresh:
    Jun 27 at 1:06 pm

    Property Features for 603 N Nolan River Road

    General Information

    Property type
    Residential
    Property subtype
    Office
    Parking features
    Carport
    Security features
    Security
    Fireplace
    1
    Standard status
    Active
    APN
    126301001020
    Lot size
    0.22 Acres

    Taxes and HOA fees

    Tax Description
    LOT 27R BLK 5 SEQUOYA PARK 126.5528.39700
    Tax Annual Amount
    5111

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Natural Gas, Fireplace(s)
    Cooling system
    Central Air, Electric, Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    1995
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Carpet, Tile
    Building materials
    Brick
    Roof type
    Composition

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    Contact an agent
    Ginger Smith
    Ginger Smith

    Listing agent Ginger Smith License #0686824,PersonLicenseNumber

    Listing office NextHome on Main Mansfield, TX

    Listing date Jun 19, 2026

    MLS# 21301959

    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.

    HighLights

    • 1,500‑SF commercial space with a versatile office/retail layout
    • Interior includes 4 large office spaces plus a kitchen/break area and lots of storage
    • Built in 1995 with brick construction and a composition roof
    • Utilities include public water and public sewer; heating includes natural gas, central, and a fireplace
    • Cooling includes central air and ceiling fans; flooring includes carpet and tile
    • On‑site parking with a carport; located on North Nolan River Road

    Overview

    This versatile commercial space is approximately 1,500 square feet and is suited for office, retail, medical, or service-related use. The interior includes four large office spaces, a convenient kitchen and break area for staff and clients, and lots of storage to support day-to-day operations. The layout is designed to accommodate a range of business needs within a functional, tenant-friendly configuration.

    The property is located at 603 N Nolan River Road in Cleburne, Texas, and is described as having excellent visibility and accessibility due to its position on North Nolan River Road. The listing also notes ample on-site parking, supporting convenient arrival for employees and visitors.

    With its multi-room setup, dedicated break area, and storage, the space can work well for professional services, medical or related practices, and businesses that benefit from separate offices. It may also be a practical fit for retailers or service operators looking for a composed interior footprint and straightforward access, with showings by appointment only and 24 hours’ notice requested. The property is offered for sale.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $46.1k $30.72
    − Vacancy −$12.6k −$8.42
    EGI $33.5k $22.30
    − OpEx −$8.4k −$5.58
    NOI $25.1k $16.73
    1,500 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $358.4K
    $313.6K – $418.2K (±1% cap)
    NOI $25,091 @ 7.0% cap · market cap 6.45%
    Second Best
    Retail
    $355.7K
    $311.2K – $415.0K (±1% cap)
    NOI $24,898 @ 7.0% cap · market cap 6.40%
    Theoretical Best
    Multifamily LT 5
    $17.98M
    $15.73M – $20.98M (±1% cap)
    NOI $1,258,598 @ 7.0% cap · market cap 323.55%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Clint Pullen - State ... Insurance Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cleburne
    County
    Johnson
    State
    Texas
    Longitude
    -97.426464
    Latitude
    32.340186

    FAQs

    What type of property is this?
    Office units - A 1,500-square-foot suite with four office rooms, kitchen area, storage, and ample on-site parking in Cleburne.
    Where is this office units located?
    The property is located at 603 N Nolan River Road Cleburne, TX.
    What is the asking price?
    The asking price for this property is $389,000.
    What are key features of this property?
    This property features: 1,500‑SF commercial space with a versatile office/retail layout; Interior includes 4 large office spaces plus a kitchen/break area and lots of storage; Built in 1995 with brick construction and a composition roof
    More about this property
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