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Property profile & analytics
OFF-MARKET
Commercial real estate

1645 County Road 1107B Cleburne, TX 76031

23.9 ac lot
Individually Owned 9-yr Hold
Property ID
US82-7961502
Property summary
AI-generated overview

This exceptional 23.9-acre commercial land parcel presents a unique investment opportunity in Cleburne, Texas. Located at 1645 County Rd 1107B, Johnson County, zip code 76031, this expansive property offers significant potential for a variety of commercial ventures. Its convenient location provides easy access to the amenities and services of Cleburne, situated approximately ten minutes from the city center. The property also enjoys proximity to Rio Vista, offering additional accessibility and potential market reach. The land is currently vacant, providing a blank canvas for development tailored to specific business needs. Buyers can envision a wide range of possibilities, from large-scale commercial projects to smaller, specialized businesses. The substantial acreage allows for ample space for building, parking, and potential future expansion. With its strategic location and generous size, this property represents a compelling investment opportunity in a growing Texas market. The asking price for this remarkable land parcel is $477,800. This is a rare opportunity to acquire a significant tract of commercial land in a desirable location, offering substantial potential for long-term growth and return on investment. The property's latitude and longitude coordinates are 32.269597 and -97.36048 respectively. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Lot 23.9 ac (1,041,084 SF)
UPID US82-7961502
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Hurshel Dunn JR · 9 yrs held
Hurshel Dunn JR
since 2017
3 recorded transactions
2017
Price N/A
2017
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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