Property profile

2991 Railhead Pkwy Cleburne, TX 76033

OFF-MARKET
Retail properties & Spaces
3.75 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Lot 3.75 ac (163,306 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2991 Railhead Pkwy Cleburne, TX 76033
Cleburne metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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