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Flex Space with Grade-Level Doors
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1808 N Main #B, Cleburne, TX 76033

Large warehouse area includes office and restroom space ready for finish-out.

Property Size12,000 SF
Price / SF$0.70
Days on Market97

Property Features for 1808 N Main #B

General Information

Standard status Active
Size 12,000 SF
Property subtype Industrial

Additional Details

Drive-In Doors 2

Building Details

Year Built 1960
Listing Agency: Clark Real Estate Group
Listed By: Lori Mills · License #0445198
Source: Lonestarluxuryrealty
Added: Jul 30 Changed: Oct 29 Last Checked: Nov 3 at 6:59AM

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

Rey
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Investment Insights

Based on property information with market context.

Suite B offers 12,000 SF of flex space within an industrial park setting. The property includes a large industrial warehouse area, along with a small office area and restroom that are to be finished out. Two grade-level doors support warehouse access and loading activity.

Built in 1960, the suite is located at 1808 N Main Unit B in Cleburne, Texas. Its combination of warehouse area, grade-level access, and finish-out potential provides a practical commercial configuration for industrial operations requiring both work and office components.

Key Highlights

  • 12,000 SF Suite B flex space
  • Large industrial warehouse area
  • 2 grade‑level doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$58,761
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,175,220 $1.2M
Cap Rate 7%
$839,443 $839.4K
Cap Rate 9%
$652,900 $652.9K
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$96.5K $8.04/SF
− Vacancy
−$6.1K −$0.51/SF
EGI
$90.4K $7.53/SF
− OpEx
−$31.6K −$2.64/SF
NOI
$58.8K $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%
$1,175,220
Cap Rate 7%
$839,443
Cap Rate 9%
$652,900

Alternative Uses

Best Use
Warehouse
$1.19M
$1.04M – $1.39M (±1% cap)
NOI $83,446 @ 7.0% cap · market cap 999.35%
Second Best
Industrial
$885.7K
$775.0K – $1.03M (±1% cap)
NOI $62,001 @ 7.0% cap · market cap 742.53%
Theoretical Best
Multifamily LT 5
$143.84M
$125.86M – $167.81M (±1% cap)
NOI $10,068,786 @ 7.0% cap · market cap 120,584.26%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Sooner coating Painting Ulrich Horse Barns ... Factory

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

2
Drive-in doors

Location Intelligence

Trade Area within ½ mile

345
Businesses Nearby
Under-served
Demand for This Use

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 Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

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 - Large warehouse area includes office and restroom space ready for finish-out.
Where is this flex space located?
The property is located at 1808 N Main #B Cleburne, TX.
What are key features of this property?
This property features: 12,000 SF Suite B flex space; Large industrial warehouse area; 2 grade‑level doors
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Includes: Price & PSF · Cap rate · Location · Zoning

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