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    4-Office Flex Commercial Suite Title is generated by Realmo AI

    603 N Nolan River Road, Cleburne, TX 76033

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    Claim this Listing
    New
    For Sale
    $389,000

    SINGLE_FAMILY - Cleburne, TX

    Type:Office
    Property size:
    1,500 SF
    Lot size:
    0.22 Acres
    Price / SF:
    $259/SF
    Added:
    Jun 16, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 16 at 8:06 pm

    Property Features for 603 N Nolan River Road

    General Information

    Property type
    Residential
    Property subtype
    Office
    Parking features
    Carport
    Security features
    Security
    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

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air, Ceiling Fan(s), Electric
    Water source
    Public

    Building Details

    Year built
    1995
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Tile, Carpet
    Building materials
    Brick
    Roof type
    Composition

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    Listing Contact
    Ginger Smith
    Ginger Smith

    Listing agent Ginger Smith License #0686824,PersonLicenseNumber

    Listing office NextHome on Main Mansfield, TX

    Listing date Jun 16, 2026

    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.

    HighLights

    • 1,500 SF commercial space on North Nolan River Road with a layout suited for office, retail, medical, or service use
    • Interior features 4 offices plus one restroom and a kitchen/break area
    • Flooring includes carpet and tile
    • Brick construction with composition roof; heating and cooling include central systems and ceiling fans
    • On‑site parking with carport
    • Public water and public sewer available

    Overview

    This versatile commercial space is offered for sale as a functional single-suite layout with four offices, one restroom, and a kitchen and break area for staff and clients. Interior finishes include a combination of carpet and tile, supporting a clean, practical day-to-day workflow for office, medical, retail, or service-related uses.

    Located at 603 N Nolan River Road in Cleburne, the property is positioned for convenient access and visibility along a heavily used thoroughfare. Ample on-site parking is available for employees and visitors, making it straightforward for customer and client arrivals. The surrounding area includes established businesses and amenities, with the site described as being near major thoroughfares.

    Designed to support multiple professional and customer-facing needs, the arrangement of private offices plus a central kitchen/break component can fit organizations seeking separate work areas without giving up shared common space. With ample parking and a layout that accommodates both staff and visitors, this property may be a practical fit for an owner-operator or a business considering a new location, subject to applicable approvals and use requirements.

    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 Profile Location Intelligence

    Current Use by Public Records

    Clint Pullen - State ... Insurance Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Cleburne
    County
    Johnson
    State
    Texas
    Longitude
    -97.426464
    Latitude
    32.340186

    FAQs

    What type of property is this?
    Office units - Versatile commercial suite with four offices, restroom, and kitchen/break area plus ample on-site parking.
    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 on North Nolan River Road with a layout suited for office, retail, medical, or service use; Interior features 4 offices plus one restroom and a kitchen/break area; Flooring includes carpet and tile
    More about this property
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