Office Building with I-35
New
For Sale
$775,000
1060 S Burleson Boulevard, Burleson, TX 76028
CommercialSale, Burleson, TX
Property Size2,488 SF
Lot Size4.00 Acres
Price / SF$311.50
Days on Market1
Property Features for 1060 S Burleson Boulevard
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
commercial
Parking features
Garage
Lot features
Back Yard, Lawn, Many Trees
Directions
See GPS
Standard status
Active
APN
126013201145
Lot size
4.00 Acres
Taxes and HOA fees
Tax Description
ABST 132 TR 6 COWSERT ADDITION
Tax Annual Amount
14986
Legal Description
ABST 132 TR 6 COWSERT ADDITION
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1969
Floors in Building
1
Number of units
2
Flooring type
Vinyl, Carpet
Building materials
Brick
Roof type
Composition
Listing Agency:
TheGreenTeam RE Professionals
(817) 988-8664
Listed By:
Shelley Green · License #0468346
(817) 426-9800
Added: Sep 8
Last Checked: Sep 8 at 7:06PM
MLS# 21381062
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.
Investment Insights
Based on property information with market context.
This commercial office property combines an existing 2,088-square-foot building with a separate 400-square-foot office structure. The larger building includes three offices, two bathrooms, a reception area, a kitchen, and an attached two-car garage. The second structure is divided into four separate office areas. Brick construction, vinyl and carpet flooring, central heating and cooling, public water, and public sewer are in place.
The property encompasses 4 acres along the I-35 service road in Burleson, with frontage on the service road and access near Hidden Creek Parkway. Approximately half of the acreage remains undeveloped, providing additional land alongside the existing office improvements. The site is zoned Commercial and has a 1969 construction date.
The property encompasses 4 acres along the I-35 service road in Burleson, with frontage on the service road and access near Hidden Creek Parkway. Approximately half of the acreage remains undeveloped, providing additional land alongside the existing office improvements. The site is zoned Commercial and has a 1969 construction date.
Key Highlights
- 4‑acre commercial office property along the I‑35 service road
- 2,088 SF building with 3 offices, 2 bathrooms, reception, kitchen, and attached 2‑car garage
- Separate 400 SF office building with 4 individual spaces
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$41,617
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.37%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$832,340
$832.3K
Cap Rate 7%
$594,529
$594.5K
Cap Rate 9%
$462,411
$462.4K
Market Conditions
NOI Build-Up for 2,488 SF
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.
Gross rent
$76.4K $30.72/SF
− Vacancy
−$20.9K −$8.42/SF
EGI
$55.5K $22.30/SF
− OpEx
−$13.9K −$5.58/SF
NOI
$41.6K $16.73/SF
Area
Johnson County, TX
Vacancy
27.40%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$832,340
Cap Rate 7%
$594,529
Cap Rate 9%
$462,411
Alternative Uses
Best Use
Office B
$594.5K
$520.2K – $693.6K
NOI $41,617 @ 7.0% cap · market cap 5.37%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$29.82M
$26.09M – $34.79M
NOI $2,087,595 @ 7.0% cap · market cap 269.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
70
Businesses Nearby
Explore this area
Business Placement
Demographics for 76028, TX
74,023
Population
27,928
Households
2.7
Avg Household Size
38
Median Age
31%
College-Educated
92%
High-School Grad
77.5 sq mi
ZIP Area
955
Density / Sq Mi
$100,125
Median Household Income
$53,464
Median Earnings
$1,691
Median Rent
$294,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Commercially zoned office property with multiple work areas, attached garage, and additional standalone office space.
Where is this office building located?
The property is located at 1060 S Burleson Boulevard Burleson, TX.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 4‑acre commercial office property along the I‑35 service road; 2,088 SF building with 3 offices, 2 bathrooms, reception, kitchen, and attached 2‑car garage; Separate 400 SF office building with 4 individual spaces
