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Property profile & analytics
OFF-MARKET
Land

2899 Railhead Pkwy Cleburne, TX 76033

2.6 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.6-acre commercial land parcel, located at 2899 Railhead Parkway in Cleburne, Texas (zip code 76033, APN R000121905), presents a unique investment opportunity. Zoned for hotel development, this property boasts a prime location at the intersection of US-67 and Chisholm Trail Parkway, ensuring high visibility and significant traffic flow. Situated in a mixed-use commercial-residential area, the site is ready for immediate development with all utilities and infrastructure already in place. The property is conveniently located approximately four miles northeast of historic downtown Cleburne, offering easy access to local amenities. Furthermore, its proximity to major transportation arteries provides convenient access to larger metropolitan areas, including approximately 50 miles southwest of Dallas and 30 miles southwest of Fort Worth. The property is also within approximately 50 miles of DFW International Airport and 55 miles of Dallas Love Field. Adjacent to the Cleburne Railroaders Minor League Ballpark, this location benefits from high foot and vehicle traffic. Priced at $1,000,486 ($8.80 per square foot), with impact fees waived, this represents an exceptional value in a high-growth area. Note that any building constructed must adhere to the existing concept plan. A virtual tour is available online.

Property profile
Verified
Property type Land
Lot 2.6 ac (113,256 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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