Brick Office Building with On-Site
For Sale
$389,000
603 N Nolan River Road, Cleburne, TX 76033
SINGLE_FAMILY - Cleburne, TX
Property Size1,500 SF
Lot Size0.22 Acres
Price / SF$259.33
Days on Market44
Property Features for 603 N Nolan River Road
General Information
Property type
Residential
Property subtype
Office
Zoning description
Commercial
Parking features
Carport
Security features
Security
Fireplace
1
Subdivision
Sequoya Park
Lot features
Sprinkler System
Directions
GPS. Close to Hwy 67
Standard status
Active
APN
126301001020
Lot size
0.22 Acres
Taxes and HOA fees
Tax Description
LOT 27R BLK 5 SEQUOYA PARK 126.5528.39700
Tax Annual Amount
5111
Legal Description
LOT 27R BLK 5 SEQUOYA PARK 126.5528.39700
Utilities
Sewer type
Public Sewer
Heating system
Central, Fireplace(s), Natural Gas
Cooling system
Ceiling Fan(s), Electric, Central Air
Water source
Public
Building Details
Year built
1995
Floors in Building
1
Number of units
1
Flooring type
Carpet, Tile
Building materials
Brick
Roof type
Composition
Listing Agency:
NextHome on Main
(469) 946-6398
Listed By:
Ginger Smith · License #0686824
(469) 865-6882
Added: Jun 19
Changed: Aug 1
Last Checked: Aug 1 at 5:06PM
MLS# 21301959
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This brick office building offers a flexible interior layout for a range of business uses. The approximately 1,500-square-foot space includes four large office areas, a kitchen and break area for staff and clients, and lots of storage. Flooring is carpet and tile. Heating is provided by central systems with natural gas, and the property includes a fireplace. Cooling includes electric central air and ceiling fans, and the roof is composition. The building has access to public water and public sewer.
The property is located at 603 N Nolan River Road in Cleburne, TX, on a carport-served site with ample on-site parking for employees and visitors. The North Nolan River Road location is described as highly accessible with visibility.
Showings are by appointment only with 24 hours’ notice, and tenants or employees should not be disturbed.
The property is located at 603 N Nolan River Road in Cleburne, TX, on a carport-served site with ample on-site parking for employees and visitors. The North Nolan River Road location is described as highly accessible with visibility.
Showings are by appointment only with 24 hours’ notice, and tenants or employees should not be disturbed.
Key Highlights
- About 1,500‑square‑foot office building with four large office spaces
- Kitchen and break area plus lots of storage
- Brick construction with carpet and tile flooring
Financial Insights For Office B
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 | $46.1k | $30.72 |
| − Vacancy | −$12.6k | −$8.42 |
| EGI | $33.5k | $22.30 |
| − OpEx | −$8.4k | −$5.58 |
| NOI | $25.1k | $16.73 |
1,500 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$358.4K
$313.6K – $418.2K
NOI $25,091 @ 7.0% cap · market cap 6.45%
Second Best
Retail
$355.7K
$311.2K – $415.0K
NOI $24,898 @ 7.0% cap · market cap 6.40%
Theoretical Best
Multifamily LT 5
$17.98M
$15.73M – $20.98M
NOI $1,258,598 @ 7.0% cap · market cap 323.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
468
Businesses Nearby
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Versatile office space with multiple offices, kitchen/break area, and lots of storage, supported by central utilities and on-site carport parking.
Where is this office building located?
The property is located at 603 N Nolan River Road Cleburne, TX.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: About 1,500‑square‑foot office building with four large office spaces; Kitchen and break area plus lots of storage; Brick construction with carpet and tile flooring
