Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • 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

    1709 Shawnee Dr Cleburne, TX 76033

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Highly visible retail center with pad sites and in-line spaces.

    Property size:
    7,200 SF
    Lot size:
    25.17 Acres

    Property Features for 1709 Shawnee Dr

    General Information

    Size
    7,200 SF
    Lot size
    25.17 Acres

    We can help!

    Listing Contact
    Michael Kaplan
    Michael Kaplan
    Source: Moodyscre

    Listing Agent: Michael Kaplan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Retail Center on Highway 67

    This retail center is located at the signalized hard corner of W Henderson St and N Nolan River Rd. The property is a highly visible and fully accessible retail center conveniently located on Hwy 67. Pad sites and in-line spaces are available within the 7,200 square foot property.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Building Supply Clothing Store

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

    Similar Places Nearby

    Nolan River Mall

    Location Insight

    • Map
    • Local Demand
    City
    Cleburne
    County
    Johnson
    State
    Texas
    Longitude
    -97.427849
    Latitude
    32.338861

    Nearby Similar for Lease

    • $3,200 /Mo
      10,411 SF

      Updated Office Building with Parking

      Updated office building with luxury finishes, private parking, great location.
      1512 Crestridge Dr, Cleburne, TX 76033
      View Details
    • $6,000 /Mo
      91,476 SF

      Versatile Facility on Windmill Road

      6,000+ sq ft facility on 2+ acres for lease.
      4017 Windmill Rd, Cleburne, TX 76058
      View Details
    • $5,500 /Mo
      68,825 SF

      Cleburne Commercial Property with Warehouse

      Commercial property with office, warehouse, and yard in Cleburne, TX.
      500 W Kilpatrick St, Cleburne, TX 76033
      View Details
    • $3,501 /Mo
      2,526 SF

      Downtown Cleburne Storefront for Lease

      Prime retail space in Cleburne's historic district.
      103 E Henderson St, Cleburne, TX 76031
      View Details
    • $2,000 /Mo
      35,501 SF

      Updated Office Space For Rent

      Recently updated office space with good visibility on W Henderson.
      1910 W Henderson St, Cleburne, TX 76033
      View Details
    • $2,000 /Mo
      4,400 SF

      Office Space in Cleburne, TX

      Second-floor office space available for lease in Cleburne, Texas.
      1601 W Henderson St, Cleburne, TX 76033
      View Details
    • $6,000 /Mo
      96,311 SF

      Established Car Lot Ready

      Full-service auto sales and service facility ready for immediate operation.
      1301 E Henderson St, Cleburne, TX 76031
      View Details
    • $2,250 /Mo
      46,174 SF

      Retail/Office Space in Cleburne, TX

      1800 sqft space near Chisholm Trail Parkway and Highway 67.
      202 Hyde Park Blvd, Cleburne, TX 76033
      View Details
    • $3,325 /Mo
      332,798 SF

      Office Warehouse Space Available

      Office and warehouse spaces available in Cleburne, Texas.
      1812 N Main St, Cleburne, TX 76033
      View Details
    • $2,162 /Mo
      6,000 SF

      Cleburne Office Warehouse Space

      Office warehouse space in Cleburne, TX, with flexible options.
      1744 N Main St, Cleburne, TX 76033
      View Details
    • $2,162 /Mo
      10,500 SF

      Office Warehouse Space Available

      Office and warehouse spaces available in Cleburne, Texas.
      1748 N Main St, Cleburne, TX 76033
      View Details
    • $2,000 /Mo
      10,890 SF

      Finished Warehouse with Covered Area

      2,000 SF Cleburne warehouse with covered area for rent.
      6415 Conveyor Dr, Cleburne, TX 76031
      View Details

    FAQs

    What type of property is this?
    Shopping center - Highly visible retail center with pad sites and in-line spaces.
    Where is this shopping center located?
    The property is located at 1709 Shawnee Dr Cleburne, TX.
    What are key features of this property?
    This property features: - Signalized hard corner location at W Henderson St & N Nolan River Rd.; - High visibility on Hwy 67.; - Fully accessible retail center.
    (214) 560-3200
    Request Owner's contact information
    1709 Shawnee Dr Cleburne, TX 76033
    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.
    1709 Shawnee Dr
    Cleburne, TX 76033
    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
    1709 Shawnee Dr Cleburne, TX 76033
    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
    Michael Kaplan
    Michael Kaplan
    (214) 560-3200
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.