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Property profile & analytics
OFF-MARKET Estimated value $2,245,000
Commercial real estate

1996 Henderson St Cleburne, TX 76033-4144

13,696 SF 1.99 ac lot Built 2009
Entity Owned 17-yr Hold ~ Est. High Equity
Property ID
US83-2916423
Property summary
AI-generated overview

This exceptional 4-acre commercial land parcel presents a remarkable investment opportunity in Cleburne, Texas. Strategically located at 1996 W Henderson St, this property boasts an impressive 400 feet of frontage along West Henderson Street (Business US-67), ensuring high visibility and accessibility. The C3 zoning allows for a wide range of commercial development possibilities. The property benefits from shared access easements with neighboring hotels, providing convenient access to and from US-67 and Business US-67. Its prime location places it directly adjacent to the Hampton Inn & Suites and Best Western Inn, ensuring high traffic flow and potential synergy with established businesses. Furthermore, the land sits directly across the highway from Texas Health Harris Methodist Hospital and Hill College, creating a strong demographic base for potential commercial ventures. The property's size and location make it ideal for a variety of commercial developments, offering significant potential for return on investment. With its excellent visibility, convenient access, and proximity to major institutions and established businesses, this property represents a rare opportunity to acquire a highly desirable commercial land parcel in a thriving Texas market. The zip code is 76033, and the property is situated in Johnson County.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2009
Total area 13,696 SF
Lot 1.99 ac (86,684 SF)
APN 126.2891.00030
UPID US83-2916423
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
Current use
Occupant on record · Public records
  • Hampton Inn & Suites Cleburne Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.14M
Comparable Approach Comparable
$2.36M
Blend (final) Blend
$2.25M
Owner & transaction history
Cleburne Lodging LLC · 17 yrs held
Cleburne Lodging LLC
since 2008
5 recorded transactions
2008
Price N/A
2007
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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