2899 Railhead Pkwy Cleburne, TX 76033
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.