2305 N Main Street, Cleburne, TX 76033
Two industrial buildings on 2 acres with highway frontage.
Property Features for 2305 N Main Street
General Information
Building Details
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Investment Insights
Based on property information with market context.
Key Highlights
- High‑visibility location on Highway 174 with exceptional frontage and exposure.
- Two industrial buildings totaling approximately 18,000 square feet (11,000 sq ft & 7,000 sq ft).
- Approximately 2 acres consisting of three lots.
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $146.2k | $8.12 |
| − Vacancy | −$13.3k | −$0.74 |
| EGI | $132.9k | $7.38 |
| − OpEx | −$39.9k | −$2.21 |
| NOI | $93.0k | $5.17 |
Alternative Uses
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 76033, TX
Market
Properties on Market for Industrial properties in Cleburne
Vacancy Rate% for Industrial in South region