405 Ridgeway Suite Dr Cleburne, TX 76033
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.
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.