2990 Railhead Pkwy Cleburne, TX 76033
This exceptional 2.957-acre mixed-use commercial land parcel, located at 2990 Railhead Parkway in Cleburne, Texas (zip code 76033), presents a compelling investment opportunity. Zoned for healthcare, this prime property boasts a strategic location at the intersection of US-67 and Chisholm Trail Parkway, ensuring high visibility and significant traffic flow. Adjacent to the Cleburne Railroaders Minor League Ballpark, the site is ready for development with all utilities and infrastructure already in place. The property is approximately 4 miles northeast of historic downtown Cleburne, 50 miles southwest of Dallas, and 30 miles southwest of Fort Worth, offering convenient access to major metropolitan areas. The asking price is $1,275,189, translating to a highly competitive $9.90 per square foot, with all impact fees waived. Cleburne's impressive 3%+ annual growth rate over the past three years underscores the area's strong potential for future development and return on investment. The four-story building concept plan must be mirrored in construction materials. The APN is R000121900. This is an unimproved land parcel in the Railhead subdivision of Johnson County. A virtual tour is available online. This property offers a rare chance to capitalize on the burgeoning growth of Cleburne and its strategic location within the thriving North Texas region.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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