Building Details

Year Built 1960

Listing Agency: Clark Real Estate Group t**@clarkreg.com Show Phone

Listed By: Lori Mills · License #0445198 Show Phone

Source: Lonestarluxuryrealty

Added: Jul 30 Changed: Oct 1 Last Checked: Oct 15 at 1:14AM

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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 Clark Real Estate Group

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Investment Insights

Based on property information with market context.

This 9,200-square-foot flex space combines remodeled office and industrial warehouse areas. The office portion includes finished offices and restrooms, while the warehouse area provides both a grade-level door and dock-high loading access. New electrical and plumbing systems were installed to code.

The property is located at 1748 N Main Unit B, Cleburne, Texas 76033, and was built in 1960. Available space options range from 3,000 SF to 12,000 SF, supporting a range of office, warehouse, and flex-space configurations within the property.

Key Highlights

• 9,200‑square‑foot flex space with remodeled office and industrial warehouse areas
• Space options range from 3,000 SF to 12,000 SF
• Grade‑level door and dock‑high loading access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$45,050

Suggested Prices Based on Cap Rates

Cap Rate 5%

$901,000 $901.0K

Cap Rate 7%

$643,571 $643.6K

Cap Rate 9%

$500,556 $500.6K

What to ask about pricing

Market Conditions

NOI Build-Up for 9,200 SF

Gross rent

$74.0K $8.04/SF

− Vacancy

−$4.7K −$0.51/SF

EGI

$69.3K $7.53/SF

− OpEx

−$24.3K −$2.64/SF

NOI

$45.1K $4.90/SF

Area

Johnson County, TX

Vacancy

6.30%

Lease Rate

$8.04 /SF/Yr

Expense Ratio

35.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$901,000

Cap Rate 7%

$643,571

Cap Rate 9%

$500,556

Alternative Uses

Best Use

Office B

$2.20M

$1.92M – $2.56M (±1% cap)

NOI $153,889 @ 7.0% cap · market cap 7,328.05%

Second Best

Warehouse

$913.9K

$799.7K – $1.07M (±1% cap)

NOI $63,975 @ 7.0% cap · market cap 3,046.43%

Theoretical Best

Multifamily LT 5

$110.28M

$96.49M – $128.66M (±1% cap)

NOI $7,719,403 @ 7.0% cap · market cap 367,590.62%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Patton Electric, Inc. Electrical Service Whitehawk Worldwide Corporate Office Wildlife Removal Johnson ... Animal Shelter Hudson Customs Auto Repair Shop California Custom Coach Professional Services

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Big Box & Wholesale Store Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

345

Businesses Nearby

Under-served

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

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Similar For Sale Nearby

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Flex Space with Grade-Level Door

1812 N Main Unit B, Cleburne, TX 76033

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9,200 SF

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Flex Space with Grade-Level Doors

1808 N Main Unit B, Cleburne, TX 76033

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Gated Flex Space with Warehouse

125 Century Dr, Cleburne, TX 76033

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Fenced-Yard Flex Space

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10-Bay Manufacturing Shop

3670 W Highway 67, Cleburne, TX 76033

$1,500,000

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Flex Space with Office Suites

1915 N Wilhite St, Cleburne, TX 76031

$319,900

6,174 SF

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Industrial Buildings with Fenced Yards

2305 N Main Street, Cleburne, TX 76033

$2,200,000

18,000 SF

View details

Warehouse with Loading Access

309 Fergason Rd, Cleburne, TX 76031

$593,000

4,200 SF

View details

High-Exposure Multi-Use Commercial Property

1123 N Main St, Cleburne, TX 76033

$450,000

2,836 SF

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Four-Office Commercial Space

603 N Nolan River Rd, Cleburne, TX 76033

$389,000

1,500 SF

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Versatile Retail and Office Building

1001 S Main St, Cleburne, TX 76033

$290,000

391 SF

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Insulated Flex Space with Service Bays

1605 S Main Street, Cleburne, TX 76033

$590,000

0.44 Acres

View details

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 - Remodeled office and warehouse space features finished offices, restrooms, and multiple loading options.

Where is this flex space located?

The property is located at 1748 N Main #B Cleburne, TX.

What are key features of this property?

This property features: 9,200‑square‑foot flex space with remodeled office and industrial warehouse areas; Space options range from 3,000 SF to 12,000 SF; Grade‑level door and dock‑high loading access