Fenced-Yard Flex
For Sale
$1,350,000
2309 N Main St, Cleburne, TX 76033
Flex property with a secured outdoor yard, three-phase electrical service, and direct access to established transportation routes.
Property Size11,000 SF
Price / SF$122.73
Days on Market375
Property Features for 2309 N Main St
General Information
Standard status
Active
Size
11,000 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Three-Phase Power
Yes
Building Details
Year Built
1972
Buildings
1
Building Size
11,000 SF
Listing Agency:
Elevate Realty Group
Listed By:
Lori Brannon (817) 736-5757 · License #0696730
(817) 736-5757
Source:
Northtexashomeguide
Added: Oct 5, 2025
Changed: Oct 1
Last Checked: Oct 5 at 6:59PM
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 Elevate Realty Group
Investment Insights
Based on property information with market context.
Located at 2309 N Main St in Cleburne, this approximately 11,000-square-foot flex property was built in 1972. The building is paired with a fully enclosed yard that can support secure parking, equipment storage, or other operational needs. Three-phase electrical service adds functionality for industrial, service, and trade-oriented operations.
The property fronts Highway 174 near its intersection with Highway 67 and provides access to the Chisholm Trail Parkway. Its position along an established commercial corridor supports connectivity for customers, vendors, and distribution activities. An adjacent building is also offered for purchase, creating an option to acquire additional space, and a combined listing is available for both properties.
The property fronts Highway 174 near its intersection with Highway 67 and provides access to the Chisholm Trail Parkway. Its position along an established commercial corridor supports connectivity for customers, vendors, and distribution activities. An adjacent building is also offered for purchase, creating an option to acquire additional space, and a combined listing is available for both properties.
Key Highlights
- Approximately 11,000 square feet of flex and industrial‑commercial building area
- Fully fenced perimeter yard for secure parking, equipment storage, or operations
- Three‑phase electrical service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,834
Cap Rate
4.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,136,680
$1.1M
Cap Rate 7%
$811,914
$811.9K
Cap Rate 9%
$631,489
$631.5K
Market Conditions
NOI Build-Up for 11,000 SF
Gross rent
$89.3K $8.12/SF
− Vacancy
−$8.1K −$0.74/SF
EGI
$81.2K $7.38/SF
− OpEx
−$24.4K −$2.21/SF
NOI
$56.8K $5.17/SF
Area
Johnson County, TX
Vacancy
9.10%
Lease Rate
$8.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,136,680
Cap Rate 7%
$811,914
Cap Rate 9%
$631,489
Alternative Uses
Best Use
Industrial
$811.9K
$710.4K – $947.2K
NOI $56,834 @ 7.0% cap · market cap 4.21%
Second Best
Flex RnD
$769.5K
$673.3K – $897.7K
NOI $53,864 @ 7.0% cap · market cap 3.99%
Theoretical Best
Multifamily LT 5
$131.85M
$115.37M – $153.83M
NOI $9,229,721 @ 7.0% cap · market cap 683.68%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
172
Businesses Nearby
Well-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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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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 - Flex property with a secured outdoor yard, three-phase electrical service, and direct access to established transportation routes.
Where is this flex space located?
The property is located at 2309 N Main St Cleburne, TX.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Approximately 11,000 square feet of flex and industrial‑commercial building area; Fully fenced perimeter yard for secure parking, equipment storage, or operations; Three‑phase electrical service
