Property profile

1102 Henderson St Cleburne, TX 76031

OFF-MARKET
Commercial real estate
Property ID
US82-4322186
3,219 SF 0.46 ac lot Built 1975
Entity Owned 11-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property at 1102 W Henderson Street in Cleburne, Texas, presents a unique investment opportunity. Boasting 11,600 square feet on a 0.32-acre lot, this high-traffic location offers unparalleled visibility with three sides of road frontage on a major thoroughfare experiencing over 23,000 vehicles daily. The property features 113 feet of frontage on Henderson Street, ensuring maximum exposure for any business. Previously home to Bob's Furniture for over three decades, the existing building offers a large, open-span warehouse ideal for a variety of uses, including furniture, mattress, or feed stores. Alternatively, the building could be demolished to create space for a new development, capitalizing on Cleburne's rapid growth. Recent investments in the area include Olive Garden, HTeaO, Hobby Lobby, Smoothie King, and Chick-fil-A, demonstrating Cleburne's thriving commercial sector. The property includes recently installed LED lighting, updated office and restroom plumbing, and renovated office electrical systems. This prime location offers an exceptional chance to establish a successful business in a rapidly expanding city. The asking price is $399,900.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1975
Total area 3,219 SF
Lot 0.46 ac (20,168 SF)
APN 126.2800.19730
UPID US82-4322186

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Gas Station
  • Crypto Atm Atm
  • Grocery & Convenience Store
  • Gas Station

Location

1102 Henderson St Cleburne, TX 76031-5223
Cleburne metro Census 130900 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2015
1 recorded transaction
2015
Price N/A

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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