560 State Hwy 22, Clifton, TX 76634
4.71 acres with 5500 sq ft of shop space.
- Added:
- Oct 7, 2023
- Days on Market:
- 977
- Last Refresh:
- May 12 at 8:43 pm
Property Features for 560 State Hwy 22
General Information
- Standard status
- Active
- Size
- 5,500 SF
- Lot size
- 4.71 Acres
- Property subtype
- Other
Listing agent Glenda Hall
Listing office UCRE Heart of Texas Land & Home (254) 362-5370
Listing date Oct 7, 2023
Source Xome
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of UCRE Heart of Texas Land & Home
HighLights
- Prime commercial acreage (4.71 acres) on State Highway 22, ideal for various business ventures.
- Two well‑constructed metal buildings offering approximately 5500 sq. ft. of enclosed shop space.
- Located in an unincorporated area of Bosque County, meaning no city taxes, permits, or inspections.
- 90 X 45 building with 4 shop doors, restroom, 2 A/C & heated offices, and two automotive lifts.
- Features a second 30 X 40 building with 3 garage doors, electricity, and a 30 X 40 carport.
- Fenced main area with double gate access and a large shipping container for storage or conversion.
Overview
Local Financial Insights For Retail
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 | $102.3k | $18.60 |
| − Vacancy | −$10.7k | −$1.95 |
| EGI | $91.6k | $16.65 |
| − OpEx | −$27.5k | −$4.99 |
| NOI | $64.1k | $11.65 |
Alternative Uses
Current Use by Public Records
Map
- City
- Clifton
- County
- Bosque
- State
- Texas
- Longitude
- -97.4831
- Latitude
- 31.8049