Gated Flex Space with
For Sale
$1,199,000
125 Century Dr, Cleburne, TX 76033
Gated flex facility combines office, showroom, kitchenette, and warehouse space with multiple roll-up doors.
Property Size8,500 SF
Price / SF$141.06
Days on Market94
Property Features for 125 Century Dr
General Information
Standard status
Active
Size
8,500 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Amenities
kitchenette
show room area
security cameras
Building Details
Year Built
1982
Listing Agency:
exp Realty
Listed By:
Becky Leebens (469) 333-1918 · License #0661426
(888) 519-7431
Source:
Northtexashomeguide
Added: Jul 14
Changed: Oct 1
Last Checked: Oct 5 at 7:09PM
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 exp Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 8,500-square-foot flex property at 125 Century Drive includes three offices, three bathrooms, a kitchenette, and a showroom area alongside warehouse workspace. Four large roll-up bay doors serve the industrial portion, with electric openers on two of them. Skylights bring natural light into the warehouse, while the gated site includes asphalt parking and security cameras that remain with the building.
The property offers quick access to two major highways and has three separate electric meters. A portion of the roof was recoated in 2020, adding a documented capital improvement to the building’s operating profile. The combination of office, showroom, and warehouse areas supports a range of commercial configurations within an established flex-space layout.
The property offers quick access to two major highways and has three separate electric meters. A portion of the roof was recoated in 2020, adding a documented capital improvement to the building’s operating profile. The combination of office, showroom, and warehouse areas supports a range of commercial configurations within an established flex-space layout.
Key Highlights
- 8,500 square feet of flex space with office, showroom, and warehouse areas
- Three offices, three bathrooms, and a kitchenette
- Four large roll‑up bay doors; two have electric openers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,108
Cap Rate
4.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,182,160
$1.2M
Cap Rate 7%
$844,400
$844.4K
Cap Rate 9%
$656,756
$656.8K
Market Conditions
NOI Build-Up for 8,500 SF
Gross rent
$76.5K $9.00/SF
− Vacancy
−$7.0K −$0.82/SF
EGI
$69.5K $8.18/SF
− OpEx
−$10.4K −$1.23/SF
NOI
$59.1K $6.95/SF
Area
Johnson County, TX
Vacancy
9.10%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,182,160
Cap Rate 7%
$844,400
Cap Rate 9%
$656,756
Alternative Uses
Best Use
Warehouse
$844.4K
$738.9K – $985.1K
NOI $59,108 @ 7.0% cap · market cap 4.93%
Second Best
Industrial
$627.4K
$549.0K – $732.0K
NOI $43,917 @ 7.0% cap · market cap 3.66%
Theoretical Best
Multifamily LT 5
$101.89M
$89.15M – $118.87M
NOI $7,132,057 @ 7.0% cap · market cap 594.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
249
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 76033, TX
27,243
Population
10,962
Households
2.5
Avg Household Size
39
Median Age
21%
College-Educated
88%
High-School Grad
176.1 sq mi
ZIP Area
155
Density / Sq Mi
$69,870
Median Household Income
$40,168
Median Earnings
$1,287
Median Rent
$230,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Lone Star Taqueria — 2016 N Main St, Cleburne, TX 76033
Frequently Asked Questions
What type of property is this?
Flex space - Gated flex facility combines office, showroom, kitchenette, and warehouse space with multiple roll-up doors.
Where is this flex space located?
The property is located at 125 Century Dr Cleburne, TX.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: 8,500 square feet of flex space with office, showroom, and warehouse areas; Three offices, three bathrooms, and a kitchenette; Four large roll‑up bay doors; two have electric openers
