Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    1945 Chisolm Trail Parkway Joshua, TX 76058

    View on Map
    Claim this Listing
    New
    For Sale
    $2,080,000

    Unimproved Land - Joshua, TX

    Type:Unimproved Land
    Lot size:
    32.20 Acres
    Added:
    May 1, 2026
    Days on Market:
    6
    Last Refresh:
    May 6 at 6:06 pm

    Property Features for 1945 Chisolm Trail Parkway

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Exterior features
    Fence
    Fencing
    Fenced
    Standard status
    Active
    APN
    126009000024
    Lot size
    32.20 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Lowell Grounds

    Listing agent Lowell Grounds License #0767182

    Listing office Cowtown Real Estate 1715 N. Main St, Cleburne, TX

    Listing date May 1, 2026

    MLS# 21045564 Listing URL

    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

    • Prime 32‑acre parcel.
    • Boasts 894 feet of frontage on Chisholm Trail Parkway.
    • Located on the Cleburne and Joshua border.
    • 4.5 acres within Cleburne city limits.
    • Exceptionally level property.
    • Ideal for commercial or industrial development.

    Overview

    32 Acres on Chisholm Trail

    This is a 32-acre parcel featuring 894 feet of frontage along Chisholm Trail Parkway, situated on the Cleburne and Joshua border. The front 4.5 acres are located within the Cleburne city limits. The property is exceptionally level and suitable for commercial development and industrial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Joshua
    County
    Johnson
    State
    Texas
    Longitude
    -97.4155785
    Latitude
    32.4244661

    Nearby Similar for Sale

    • $690,000

      Unrestricted Joshua Property Near Parkway

      Versatile property near Chisholm Trail Parkway with residential or commercial potential.
      6700 County Road 1022, Joshua, TX 76058
      View Details
    • $1,300,000

      Prime Commercial Land in Joshua, TX

      Development-ready 5.97-acre tract with high traffic visibility.
      1440 S Broadway Street, Joshua, TX 76058
      View Details
    • $1,197,140

      Chisholm Trail Parkway Acreage

      13.5 acres with frontage on Chisholm Trail Parkway.
      1700 Don Lee Road, Joshua, TX 76058
      View Details
    • $985,000

      16.94 Acres in Joshua, TX

      16.942 acres in commercial corridor with road frontage.
      2312 W FM 917, Joshua, TX 76058
      View Details
    • $1,100,000

      Joshua, TX Development Opportunity

      12.52 acre tract ideal for commercial or residential development.
      Tbd S Broadway Street, Joshua, TX 76058
      View Details
    • $750,000

      Joshua, Texas Improved Land

      11.85 acre tract ideal for homesite or horse property.
      334 Eddy Avenue, Joshua, TX 76058
      View Details
    • $4,850,000
      7,363 SF

      Resort-Style Ranch with Golf Course

      24-acre ranch featuring a golf course and multiple residences.
      1000 County Road 904, Joshua, TX 76058
      View Details
    • $4,850,000
      7,363 SF

      Resort-Style Ranch with Golf Course

      24-acre ranch featuring a golf course and multiple residences.
      1000 County Road 904, Joshua, TX 76058
      View Details
    • $169,000

      Residential Development Land in Joshua, TX

      2.1-acre residential development site with utilities available.
      209 8th Street, Joshua, TX 76058
      View Details
    • $169,000

      Residential Development Land in Joshua, TX

      2.1-acre residential development site with utilities available in Joshua.
      209 8th Street, Joshua, TX 76058
      View Details
    • $875,000

      Retail and Self-Storage Investment Opportunity

      Multi-purpose neighborhood center with retail and self-storage in growing area.
      210 N Broadway Street, Joshua, TX 76058
      View Details
    • $400,000

      Land Parcel in Growing Area

      0.97 acre land parcel with utilities in growing area.
      6725 County Road 1022, Joshua, TX 76058
      View Details

    FAQs

    What type of property is this?
    Commercial land - 32-acre parcel with frontage on Chisholm Trail Parkway.
    Where is this commercial land located?
    The property is located at 1945 Chisolm Trail Parkway Joshua, TX.
    What is the asking price?
    The asking price for this property is $2,080,000.
    What are key features of this property?
    This property features: Prime 32‑acre parcel.; Boasts 894 feet of frontage on Chisholm Trail Parkway.; Located on the Cleburne and Joshua border.
    (817) 645-3350
    We can help!
    Listing Contact
    Lowell Grounds
    Real Estate License ID: 0767182
    Learn More
    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
    1945 Chisolm Trail Parkway, Joshua, TX 76058
    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!