Prime Retail Space on
607 S Main Street Cleburne, TX 76033
607 S Main Street, Cleburne, TX, 76033
$649,900
For Sale
$649,900
High-visibility retail space in a vibrant commercial hub.
Property Size3,600 SF
Price / SF$180.53
Days on Market91
Property Features for 607 S Main Street
General Information
- Standard status
- Active
- Size
- 3,600 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1950
Listing Agency
Foundwell Realty
(817) 900-2221
Listed by
Jason Bagley · License #0719448
(817) 900-2221
Source
Signaturere
Added: Apr 22 Updated: Jul 10 at 1:18 pm Checked: Jul 10 at 1:18 pm
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 Foundwell Realty
Investment Insights
Based on property information with market context.
The retail space at 607 S. Main Street in Cleburne, TX, offers an opportunity for businesses seeking high visibility and customer traffic. The property has frontage on Main Street, benefiting from a flow of vehicles and pedestrians, ensuring exposure for businesses. The surrounding area is a commercial hub, with a mix of established businesses that contribute to the area's appeal and draw potential customers. The property enjoys high automobile traffic, making it an ideal location for businesses that rely on drive-by customers. The constant flow of vehicles ensures that the business will be seen by a large number of potential customers. The property size is 3,600 square feet.
Key Highlights
- Prime retail space with prominent frontage on Main Street.
- High visibility and customer traffic location.
- Constant flow of vehicles and pedestrians.
Local Financial Insights For Retail
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 | $89.9k | $24.96 |
| − Vacancy | −$4.5k | −$1.25 |
| EGI | $85.4k | $23.71 |
| − OpEx | −$25.6k | −$7.11 |
| NOI | $59.8k | $16.60 |
3,600 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$853.6K
$746.9K – $995.9K
NOI $59,754 @ 7.0% cap · market cap 9.19%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$43.15M
$37.76M – $50.34M
NOI $3,020,636 @ 7.0% cap · market cap 464.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Anetic Aid (US ...
Production Facility
Advantage Electric
Electrical Service
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - High-visibility retail space in a vibrant commercial hub.
Where is this retail space located?
The property is located at 607 S Main Street Cleburne, TX.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Prime retail space with prominent frontage on Main Street.; High visibility and customer traffic location.; Constant flow of vehicles and pedestrians.
