Industrial Warehouse with Bay
For Sale
$599,000
309 Fergason Road, Cleburne, TX 76031
Light industrial warehouse space with five bay doors on one acre.
Property Size4,200 SF
Lot Size1.00 Acre
Price / SF$142.62
Days on Market105
Property Features for 309 Fergason Road
General Information
Standard status
Active
Size
4,200 SF
Lot size
1.00 Acre
Property subtype
Commercial
Building Details
Year Built
1996
Listing Agency:
WELCOMBE HOME LLC
(817) 800-0007
Listed By:
Dan Combe · License #0602562
(817) 800-0007
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Aug 3 at 1:28PM
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 WELCOMBE HOME LLC
Investment Insights
Based on property information with market context.
This light industrial warehouse space, located just east of Cleburne off Henderson, features 4200 square feet of space, including an office and restroom. The property includes approximately one acre of land and an updated aerobic septic system. The structure is equipped with five overhead garage doors and several ventilation fans. Previously occupied by a major consumer snack distribution company, the space has been cleared and is ready for business use. The structure features a thick slab and solid metal and steel construction. Existing elevated bays could be converted to ramps for drive-in access. Buyers are responsible for clearing any planned use with the City of Cleburne and for any permitting or special use.
Key Highlights
- 4200 SF light industrial warehouse space
- 5‑bay doors for easy access
- Approximately one acre of land
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 | $37.8k | $9.00 |
| − Vacancy | −$3.4k | −$0.82 |
| EGI | $34.4k | $8.18 |
| − OpEx | −$5.2k | −$1.23 |
| NOI | $29.2k | $6.95 |
4,200 SF · lease $9.00/SF/yr · vacancy 9.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$417.2K
$365.1K – $486.8K
NOI $29,206 @ 7.0% cap · market cap 4.88%
Second Best
Industrial
$310.0K
$271.3K – $361.7K
NOI $21,700 @ 7.0% cap · market cap 3.62%
Theoretical Best
Multifamily LT 5
$50.34M
$44.05M – $58.73M
NOI $3,524,075 @ 7.0% cap · market cap 588.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
63
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76031, TX
18,398
Population
6,596
Households
2.8
Avg Household Size
38
Median Age
15%
College-Educated
81%
High-School Grad
72.7 sq mi
ZIP Area
253
Density / Sq Mi
$70,672
Median Household Income
$39,335
Median Earnings
$1,274
Median Rent
$203,500
Median Home Value
Market
Properties on Market for Warehouses in Cleburne
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Yellow Jacket State Storage — Cleburne — 1567 E Henderson St, Cleburne, TX 76031
Frequently Asked Questions
What type of property is this?
Warehouse - Light industrial warehouse space with five bay doors on one acre.
Where is this warehouse located?
The property is located at 309 Fergason Road Cleburne, TX.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 4200 SF light industrial warehouse space; 5‑bay doors for easy access; Approximately one acre of land
