2309 N Main Street Cleburne, TX 76033
11,000 sq ft industrial building on high-traffic corridor.
Property Features for 2309 N Main Street
General Information
- Standard status
- Active
- Size
- 11,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1972
Listing office Elevate Realty Group (817) 736-5757
Listing date Apr 22, 2026
Source Signaturere
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Investment Insights
Based on property information with market context.
Key Highlights
- High‑traffic location at the intersection of Highway 67 and Highway 174 ensures outstanding visibility.
- Approximately 11,000 square foot industrial‑commercial building suitable for various business types.
- Fully fenced perimeter yard provides secure parking, equipment storage, or operational space.
Local 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 | $89.3k | $8.12 |
| − Vacancy | −$8.1k | −$0.74 |
| EGI | $81.2k | $7.38 |
| − OpEx | −$24.4k | −$2.21 |
| NOI | $56.8k | $5.17 |
