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Multi-Office Commercial Suite

603 N Nolan River Road Cleburne, TX 76033

603 N Nolan River Road, Cleburne, TX, 76033
$389,000
For Sale
Claim this Listing
$389,000

Flexible office, retail, or medical layout with multiple private offices, kitchen, and ample on-site parking for staff and visitors.

Property Size1,500 SF
Price / SF$259.33
AddedJun 11
Days on Market36
Last RefreshJul 16 at 7:24 am

Property Features for 603 N Nolan River Road

General Information

Standard status
Active
Size
1,500 SF
Property subtype
Office

Building Details

Year Built
1995

Listing office NextHome on Main

Listing date Jun 11, 2026

Source Xome

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 NextHome on Main


Investment Insights

Based on property information with market context.

This versatile commercial space offers a functional layout suited for office, retail, medical, or service-related use. The interior features four large office spaces, along with a convenient kitchen and break area for staff and clients. Additional storage is available to support everyday operations. The property is offered for sale as a single, easy-to-manage suite with its own on-site parking for convenient access by employees and visitors.

Located at 603 N Nolan River Road in Cleburne, the property is positioned for visibility and straightforward access along a major thoroughfare. The listing notes that the surrounding area includes shopping, dining, and other established businesses, supported by convenient proximity to major routes.

For prospective tenants, buyers, or operators, the combination of multiple private offices, a dedicated break/kitchen area, and substantial storage supports businesses that need both workflow space and space for client-facing meetings. The on-site parking and accessible setting can also simplify day-to-day arrivals for staff and visitors. Showings are by appointment only with 24 hours’ notice, and please do not disturb tenant or employees.

Key Highlights

  • 1,500‑SF commercial space with a flexible layout for office, retail, medical, or service‑related use
  • Interior includes 4 large private office spaces plus a kitchen/break area and lots of storage
  • Ample on‑site parking for staff and visitors

Local 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 (±1% cap)
NOI $25,091 @ 7.0% cap · market cap 6.45%
Second Best
Retail
$355.7K
$311.2K – $415.0K (±1% cap)
NOI $24,898 @ 7.0% cap · market cap 6.40%
Theoretical Best
Multifamily LT 5
$17.98M
$15.73M – $20.98M (±1% cap)
NOI $1,258,598 @ 7.0% cap · market cap 323.55%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Clint Pullen - State ... Insurance Agency

Suggested Use

Law Firm Auto Repair Shop Dental Office Auto Parts Store Daycare Center Building Supply Kitchen & Bath Showroom Furniture & Home Goods Plumbing Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Flexible office, retail, or medical layout with multiple private offices, kitchen, and ample on-site parking for staff and visitors.
Where is this office units 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: 1,500‑SF commercial space with a flexible layout for office, retail, medical, or service‑related use; Interior includes 4 large private office spaces plus a kitchen/break area and lots of storage; Ample on‑site parking for staff and visitors
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