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Property profile & analytics
OFF-MARKET
Office Spaces

405 Ridgeway Suite Dr Cleburne, TX 76033

2,646 SF
Property ID
Property summary
AI-generated overview

This exceptional commercial property in Cleburne, Texas, presents a unique investment opportunity. Located at 405 N Ridgeway Suite E Drive, 76033, this property boasts a prime location in the heart of Cleburne's business district. The offering includes a two-story building (6,480 square feet, built in 1975) and a single-story building (4,132 square feet, built in 1990), totaling approximately 10,612 square feet. The property currently features multiple office spaces, with some currently leased and others available. The available spaces range in size from 2,160 square feet to 2,646 square feet, offering flexibility for various business needs. The layout can be easily modified to create larger or smaller office spaces to suit tenant requirements. Ample parking is available for tenants and visitors. The property is classified as Class B and is offered for sale at $14 million. This multi-tenant property presents a strong investment opportunity in a thriving Texas market. The property is zoned for commercial use and is situated in Johnson County. The buildings are well-maintained and offer a blend of established and adaptable spaces. This is an ideal opportunity for investors seeking a versatile commercial property with significant potential for growth and return.

Property profile
Verified
Property type Office Spaces
Total area 2,646 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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