Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Updated Office Building with Parking Title is generated by Realmo AI

    1512 Crestridge., Cleburne, TX 76033

    View on Map
    Claim this Listing
    New
    For Sale
    $449,500

    SINGLE_FAMILY - Cleburne, TX

    Type:Office
    Lot size:
    0.24 Acres
    Added:
    Jun 4, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 4 at 2:06 pm

    Property Features for 1512 Crestridge.

    General Information

    Property type
    Residential
    Property subtype
    Office
    Parking features
    Parking Lot, Driveway, Guest, Covered, Carport
    Standard status
    Active
    APN
    126297800200
    Lot size
    0.24 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    ENERGY STAR Qualified Equipment, Electric, Central Air, Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    1972
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Carpet, Vinyl
    Building materials
    Brick
    Roof type
    Composition

    We can help!

    Listing Contact
    Judy Oaks

    Listing agent Judy Oaks License #0332780

    Listing office Coldwell Banker Apex, REALTORS Fort Worth, TX

    Listing date Jun 4, 2026

    MLS# 21290902

    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.

    HighLights

    • Updated office building with 5 offices plus reception area, lobby, work room, file room, storage, and kitchen
    • 3 baths included in the office layout
    • Private parking lot plus driveway and covered carport; also includes guest parking
    • Built in 1972 with brick construction, composition roof, and central electric HVAC with ceiling fans
    • Public utilities: public water and public sewer

    Overview

    This updated office building includes a reception area and lobby, five offices, a work room, a file room, storage, and a kitchen. The interior is described as having been updated with luxury finish out. The layout also features three bathrooms, supporting day-to-day use for teams and client-facing work.

    Located near a busy intersection in Cleburne, Texas, the property includes a private parking lot. The offering is positioned for businesses looking for a dedicated building setup in a rapidly growing area, with visibility and access tied to the surrounding traffic patterns.

    As a single, self-contained office facility, it can fit organizations that need separate rooms for leadership, meetings, and administrative functions, along with dedicated storage and file space. The combination of reception, multiple offices, three bathrooms, and an onsite parking lot supports straightforward operations for professional services and other office-based uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bowles Michael R ... Accounting Firm

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Cleburne
    County
    Johnson
    State
    Texas
    Longitude
    -97.410364
    Latitude
    32.341391

    Nearby Similar for Sale

    • $425,000
      3,320 SF

      Automotive Service Facility with Bays

      Turnkey automotive facility with four service bays, lifts, fenced security, and office space for repair or specialty services.
      206 Watters Street, Cleburne, TX 76031
      View Details
    • $2,500,000

      Express Car Wash with Tunnel System

      Express wash and wax packages with newly renovated tunnel equipment, plus vacuum stations and POS readiness for efficient operations.
      1828 N Main Street, Cleburne, TX 76033
      View Details
    • $549,000

      Downtown Office Building with Two Entrances

      Classic downtown office building offers large office space, conference rooms, and immediate rental income through two separate units.
      11 N Main Street, Cleburne, TX 76033
      View Details
    • $345,000

      Industrial Flex Building with Sprinklers

      Flexible flex layout with office and shelter-ready rooms, plus fire sprinkler protection and commercial kitchen capabilities.
      1915 N Wilhite Street, Cleburne, TX 76031
      View Details
    • $690,000

      Freestanding Entertainment Venue

      Freestanding dance hall with stage, wraparound bar, and on-site amenities suited for live events and nightlife concepts.
      3121 N Main Street, Cleburne, TX 76033
      View Details
    • $235,000

      Remodeled 6-Bay Car Wash

      Updated six-bay car wash with working upgraded systems and covered vacuum stations, offered with potential for ongoing income.
      805 Poindexter Avenue, Cleburne, TX 76033
      View Details
    • $539,000

      Downtown Corner Retail and Office

      Two two-story buildings offer flexible retail and professional office space with strong street visibility.
      102 S Main Street, Cleburne, TX 76033
      View Details
    • $1,350,000

      Industrial Warehouse Portfolio

      Multi-building industrial site with 3-phase power, office space, and room for expansion on a main highway corridor.
      3545 N Main Street, Cleburne, TX 76031
      View Details
    • $1,350,000

      Industrial Building with Secured Yard

      Freestanding industrial-commercial building with fenced yard and 3-phase power on a major corridor intersection.
      2309 N Main Street, Cleburne, TX 76033
      View Details
    • $499,000

      Heavy Commercial Office Building

      Heavy commercial-zoned property currently used as an office, with city water and sewer on a sizable site.
      1505 E Henderson Street, Cleburne, TX 76031
      View Details
    • $2,200,000

      High-Visibility Industrial Buildings

      Two fenced industrial buildings with 3-phase power offer flexible storage and operations on a major travel corridor.
      2305 N Main Street, Cleburne, TX 76033
      View Details
    • $695,000

      Office, Warehouse & Yard Facility

      High-visibility office plus warehouse and secure yard configuration designed for contractors, distribution, and customer-facing retail.
      500 W Kilpatrick Street, Cleburne, TX 76033
      View Details

    FAQs

    What type of property is this?
    Office building - Updated office building with multiple private offices, reception space, and onsite parking lot for convenient daily operations.
    Where is this office building located?
    The property is located at 1512 Crestridge. Cleburne, TX.
    What is the asking price?
    The asking price for this property is $449,500.
    What are key features of this property?
    This property features: Updated office building with 5 offices plus reception area, lobby, work room, file room, storage, and kitchen; 3 baths included in the office layout; Private parking lot plus driveway and covered carport; also includes guest parking
    (817) 900-3226
    We can help!
    Listing Contact
    Judy Oaks
    Real Estate License ID: 0332780
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    1512 Crestridge., Cleburne, TX 76033
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!