Warehouse with Loading
For Sale
$592,000
309 Fergason Rd, Cleburne, TX 76031
Metal-and-steel industrial building with dedicated office space, private restroom, overhead loading doors, and ventilation fans.
Property Size4,200 SF
Price / SF$140.95
Days on Market282
Property Features for 309 Fergason Rd
General Information
Standard status
Active
Size
4,200 SF
Property subtype
Commercial
Building Details
Year Built
1996
Listing Agency:
WELCOMBE HOME LLC
Listed By:
Dan Combe · License #0602562
(817) 800-0007
Source:
Findtexashomesforsale
Added: Jan 25
Changed: Nov 1
Last Checked: Nov 1 at 6:12AM
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
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Investment Insights
Based on property information with market context.
Built in 1996, this warehouse occupies approximately 1 acre and offers 4,200 square feet of functional industrial space. The metal-and-steel structure includes a dedicated office, private restroom, five overhead garage doors, and industrial ventilation fans. The interior has been cleared, providing an open configuration for a new occupant or owner-user. An updated aerobic septic system serves the property.
The facility is located at 309 Fergason Road in Cleburne, east of Henderson Street. Its combination of enclosed workspace, multiple overhead doors, office support space, and on-site acreage provides a practical base for warehouse, light industrial, and distribution operations.
The facility is located at 309 Fergason Road in Cleburne, east of Henderson Street. Its combination of enclosed workspace, multiple overhead doors, office support space, and on-site acreage provides a practical base for warehouse, light industrial, and distribution operations.
Key Highlights
- 4,200‑square‑foot warehouse on approximately 1 acre
- Five overhead garage doors provide loading access
- Dedicated professional office and private restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,206
Cap Rate
4.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$584,120
$584.1K
Cap Rate 7%
$417,229
$417.2K
Cap Rate 9%
$324,511
$324.5K
Market Conditions
NOI Build-Up for 4,200 SF
Gross rent
$37.8K $9.00/SF
− Vacancy
−$3.4K −$0.82/SF
EGI
$34.4K $8.18/SF
− OpEx
−$5.2K −$1.23/SF
NOI
$29.2K $6.95/SF
Area
Johnson County, TX
Vacancy
9.10%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$584,120
Cap Rate 7%
$417,229
Cap Rate 9%
$324,511
Alternative Uses
Best Use
Warehouse
$417.2K
$365.1K – $486.8K
NOI $29,206 @ 7.0% cap · market cap 4.93%
Second Best
Industrial
$310.0K
$271.3K – $361.7K
NOI $21,700 @ 7.0% cap · market cap 3.67%
Theoretical Best
Multifamily LT 5
$50.34M
$44.05M – $58.73M
NOI $3,524,075 @ 7.0% cap · market cap 595.28%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
63
Businesses Nearby
Well-served
Demand for This Use
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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
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Market
Vacancy Rate% for Industrial in South region
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 - Metal-and-steel industrial building with dedicated office space, private restroom, overhead loading doors, and ventilation fans.
Where is this warehouse located?
The property is located at 309 Fergason Rd Cleburne, TX.
What is the asking price?
The asking price for this property is $592,000.
What are key features of this property?
This property features: 4,200‑square‑foot warehouse on approximately 1 acre; Five overhead garage doors provide loading access; Dedicated professional office and private restroom
