2991 Railhead Pkwy Cleburne, TX 76033
This exceptional 3.749-acre commercial lot, located at 2991 Railhead Parkway in Cleburne, Texas (zip code 76033), presents a unique opportunity for restaurant development. Priced at $1,526,195 ($9.35/sq ft), this property boasts a prime location at the intersection of US-67 and Chisholm Trail Parkway, adjacent to the Cleburne Railroaders Minor League Ballpark. All utilities and infrastructure are in place, with impact fees waived, significantly reducing upfront costs. The property is zoned for restaurant use and sits within a mixed-use commercial-residential area, ensuring high visibility and substantial foot and vehicle traffic. Cleburne's impressive annual growth rate of over 3% for the past three years makes this a highly attractive investment in a thriving market. Building materials must adhere to the existing concept plan. The APN is R000121899. A virtual tour is available online. This is an unimproved land parcel in the Railhead subdivision of Johnson County. Don't miss this chance to establish your restaurant in a dynamic and rapidly expanding community.
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.