High-Visibility Industrial
2305 N Main Street Cleburne, TX 76033
2305 N Main Street, Cleburne, TX, 76033
$2,200,000
For Sale
$2,200,000
COMMERCIAL - Cleburne, TX
Property Size18,000 SF
Lot Size2.00 Acres
Price / SF$122.22
Days on Market122
Property Features for 2305 N Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Open, Gated, Secured, Parking Lot
- Standard status
- Active
- APN
- 126059600090
- Lot size
- 2.00 Acres
Taxes and HOA fees
- Tax Description
- ABST 596 TR 11 A MC BRAYER 126.5528.01763
- Tax Annual Amount
- 8769
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Window Unit(s), Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1972
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Concrete
- Building materials
- MetalSiding, Rock, Stone
- Roof type
- Metal
Listing Agency
Elevate Realty Group
(817) 736-5757
Granbury, TX
Listed by
Lori Brannon
(817) 736-5757
Added: Mar 19 Checked: Jul 18 at 2:06 am
MLS# 21211996
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Investment Insights
Based on property information with market context.
This for-sale industrial property includes three lots and two separate warehouse buildings totaling approximately 18,000 square feet, offering a straightforward setup for multiple operational needs. The larger building is approximately 11,000 square feet, and the second building is approximately 7,000 square feet. Both buildings include 3-phase electrical service and are paired with separate, fully fenced yard areas, supporting uses such as equipment storage, vehicle parking, and day-to-day operations.
The site is positioned on a major travel corridor with high visibility and frontage, located on Highway 174 in Cleburne, TX. It also has convenient access to Highway 67 and the Chisholm Trail Parkway, which can help improve accessibility for employees, vendors, and deliveries. The surrounding area is described as a thriving mix of commercial and retail businesses, with established retail, dining, and other commercial activity nearby.
With two buildings and dedicated fenced yards, the property may fit industrial users seeking flexibility for equipment-heavy operations or buyers looking for a site that can accommodate more than one workstream. Sale includes the land and buildings only, and existing business and operations are excluded.
The site is positioned on a major travel corridor with high visibility and frontage, located on Highway 174 in Cleburne, TX. It also has convenient access to Highway 67 and the Chisholm Trail Parkway, which can help improve accessibility for employees, vendors, and deliveries. The surrounding area is described as a thriving mix of commercial and retail businesses, with established retail, dining, and other commercial activity nearby.
With two buildings and dedicated fenced yards, the property may fit industrial users seeking flexibility for equipment-heavy operations or buyers looking for a site that can accommodate more than one workstream. Sale includes the land and buildings only, and existing business and operations are excluded.
Key Highlights
- Approx. 2‑acre site along Hwy 174 with approximately 3 lots and strong access to Highway 67 and the Chisholm Trail Parkway
- Two industrial buildings totaling approx. 18,000 SF: approx. 11,000 SF and approx. 7,000 SF
- Both buildings have 3‑phase electrical service and separate, fully fenced yard areas for equipment storage and vehicle parking
Local Financial Insights For Warehouse
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 | $162.0k | $9.00 |
| − Vacancy | −$14.7k | −$0.82 |
| EGI | $147.3k | $8.18 |
| − OpEx | −$22.1k | −$1.23 |
| NOI | $125.2k | $6.95 |
18,000 SF · lease $9.00/SF/yr · vacancy 9.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.79M
$1.56M – $2.09M
NOI $125,169 @ 7.0% cap · market cap 5.69%
Second Best
Industrial
$1.33M
$1.16M – $1.55M
NOI $93,002 @ 7.0% cap · market cap 4.23%
Theoretical Best
Multifamily LT 5
$215.76M
$188.79M – $251.72M
NOI $15,103,179 @ 7.0% cap · market cap 686.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
Similar For Sale Nearby
Similar Off Market Nearby
- Cleburne GPORC BOP Storage Bldg — 411 Marti Rd, Cleburne, TX 76033
- Town To Town Logistics — Mulberry St, Cleburne, TX 76031
- Century Self Storage — 127 Century Dr, Cleburne, TX 76033
- KO Storage — 791 E Katherine P Rains Rd, Cleburne, TX 76031
- Sitzes Self Storage — cleburne, tx 76031
FAQs
What type of property is this?
Warehouse - Two fenced industrial buildings with 3-phase power offer flexible storage and operations on a major travel corridor.
Where is this warehouse located?
The property is located at 2305 N Main Street Cleburne, TX.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Approx. 2‑acre site along Hwy 174 with approximately 3 lots and strong access to Highway 67 and the Chisholm Trail Parkway; Two industrial buildings totaling approx. 18,000 SF: approx. 11,000 SF and approx. 7,000 SF; Both buildings have 3‑phase electrical service and separate, fully fenced yard areas for equipment storage and vehicle parking