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Property profile & analytics
OFF-MARKET
Office Spaces

405 Ridgeway Suite D Dr Cleburne, TX 76033

810 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 D Drive, 76033, this property boasts a prime location in the heart of Cleburne's business district. The offering includes a mix of office and land, totaling 810 square feet of currently available space. The property comprises two buildings. The front building, a 2-story structure built in 1975, offers 6,480 square feet with six individual spaces. Currently, three spaces are leased, leaving three available for lease. The rear building, a single-story structure built in 1990, provides an additional 4,132 square feet, divided into two spaces. One space is leased, and the other is available. This property offers significant flexibility. Leasable spaces range from 2,160 to 2,646 square feet, and configurations can be easily modified to create larger or smaller office spaces to suit tenant needs. Ample parking is available for tenants and visitors. The asking price for this multi-tenant, Class B property is $14 million. This is a modified lease opportunity. The property is categorized as commercial office and land. This is an excellent opportunity for investors seeking a strong presence in a thriving Texas market.

Property profile
Verified
Property type Office Spaces
Total area 810 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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