Flexible Office-Retail Medical Space

603 North Nolan River Road Cleburne, TX 76033

Claim this Listing
For Sale
$389,000

Commercial Sale, Other - Cleburne, TX

Property size:
1,500 SF
Lot size:
0.22 Acres
Price / SF:
$259/SF
Added:
Jun 16, 2026
Days on Market:
26
Last Refresh:
Jul 11 at 4:06 am

Property Features for 603 North Nolan River Road

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Lot size
0.22 Acres

Building Details

Year built
1995
Architectural style
Other

Listing agent Ginger Smith License #0686824,PersonLicenseNumber

Listing office NextHome On Main 103 Van Worth St., TX

Listing date Jun 16, 2026

MLS# 21301959 Listing URL

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


Investment Insights

Based on property information with market context.

This versatile 1,500-square-foot commercial space is designed to support office, retail, medical, or service-related uses. The interior includes four large office spaces, a convenient kitchen and break area for staff and clients, and lots of storage. The layout is straightforward and functional for a range of tenant needs, from client-facing services to multi-room office operations.

The property is located at 603 North Nolan River Road in Cleburne, offering accessibility and visibility from a highly accessible thoroughfare. Ample on-site parking is available for employees and visitors, supporting easy day-to-day access. All showings are by appointment only with 24 hours’ notice, and the current occupants should not be disturbed.

For prospective tenants, buyers, or operators, the combination of multiple private offices, a built-in break area, and significant storage makes the space practical for professional and client-based operations. The property’s adaptable configuration may also support a variety of service formats that benefit from dedicated rooms while maintaining a centralized interior layout. Please coordinate scheduling through the listing agent to review the space in person.

Key Highlights

  • 1,500‑square‑foot commercial space built in 1995 for office, retail, medical, or service use
  • Interior layout includes 4 large office spaces plus a kitchen and break area
  • Lots of storage included

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
Healthcare Medical
$317.1K
$277.4K – $369.9K (±1% cap)
NOI $22,194 @ 7.0% cap · market cap 5.71%
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 Analytics

Property Profile Location Intelligence

Current Use by Public Records

Clint Pullen - State ... Insurance Agency

Suggested Use

Law Firm Auto Repair Shop Dental Office Auto Parts Store Daycare Center Building Supply Kitchen & Bath Showroom Furniture & Home Goods Plumbing Service (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Office units - A 1,500-square-foot suite with four offices, kitchen/break area, and ample storage, supported by convenient on-site parking.
Where is this office units located?
The property is located at 603 North 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‑square‑foot commercial space built in 1995 for office, retail, medical, or service use; Interior layout includes 4 large office spaces plus a kitchen and break area; Lots of storage included
Contact an agent
More about this property
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