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    603 North Nolan River Road, Cleburne, TX 76033

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    For Sale
    $389,000

    Commercial Sale, Other - Cleburne, TX

    Property size:
    1,500 SF
    Lot size:
    0.22 Acres
    Price / SF:
    $259/SF
    Added:
    Jun 16, 2026
    Days on Market:
    8
    Last Refresh:
    Jun 23 at 10:06 pm

    Property Features for 603 North Nolan River Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.22 Acres

    Building Details

    Year built
    1995
    Architectural style
    Other

    We can help!

    Listing Contact
    Ginger Smith
    Ginger Smith

    Listing agent Ginger Smith License #0686824,PersonLicenseNumber

    Listing office NextHome On Main 103 Van Worth St., TX

    Listing date Jun 16, 2026

    MLS# 21301959 Listing URL

    Copyright © 2026 NextHome, 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‑square‑foot commercial space built in 1995 for office, retail, medical, or service use
    • Interior layout includes 4 large office spaces plus a kitchen and break area
    • Lots of storage included
    • Ample on‑site parking for employees and visitors
    • Located on North Nolan River Road in Cleburne with convenient access to major thoroughfares

    Overview

    This versatile 1,500-square-foot commercial space is designed to support office, retail, medical, or service-related uses. The interior includes four large office spaces, a convenient kitchen and break area for staff and clients, and lots of storage. The layout is straightforward and functional for a range of tenant needs, from client-facing services to multi-room office operations.

    The property is located at 603 North Nolan River Road in Cleburne, offering accessibility and visibility from a highly accessible thoroughfare. Ample on-site parking is available for employees and visitors, supporting easy day-to-day access. All showings are by appointment only with 24 hours’ notice, and the current occupants should not be disturbed.

    For prospective tenants, buyers, or operators, the combination of multiple private offices, a built-in break area, and significant storage makes the space practical for professional and client-based operations. The property’s adaptable configuration may also support a variety of service formats that benefit from dedicated rooms while maintaining a centralized interior layout. Please coordinate scheduling through the listing agent to review the space in person.

    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
    -97.4264802
    Latitude
    32.3401212

    FAQs

    What type of property is this?
    Office units - A 1,500-square-foot suite with four offices, kitchen/break area, and ample storage, supported by convenient on-site parking.
    Where is this office units located?
    The property is located at 603 North 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‑square‑foot commercial space built in 1995 for office, retail, medical, or service use; Interior layout includes 4 large office spaces plus a kitchen and break area; Lots of storage included
    More about this property
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