405 Ridgeway Dr Cleburne, TX 76033
Property profile & analytics
405 Ridgeway Dr Cleburne, TX 76033
- Commercial real estate
- 4,132 SF
- 0.52 lot acres
Property ID
US82-5262548
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Gemini Testing & Resources / Paternity Testing Service / Drug Testing Service
- Sneaky Blinks / Hair Salon
- Bavousett's Caring Keepers / Home Health Care Service / Registered General Nurse
- First Allied Securities Inc / Financial Advisor
- Dr. Malouf Dermatology / Physician / Medical Clinic
Property Details for 405 Ridgeway Dr
- Year built
- 1990
- Lot size
- 0.52 lot acres
- Property size
- 4,132 SF
- Property type
- Commercial real estate
- APN
- 126.2915.00720
- APU
- 126291500720
Description
This exceptional investment opportunity in Cleburne, Texas, presents a compelling prospect for astute investors. Located at 405 N Ridgeway Dr, 76033, this property encompasses a substantial 10,612 square feet of office and land, currently operating at 20% occupancy. The property features two buildings: a 6,480 square foot, two-story structure built in 1975, and a 4,132 square foot, single-story building constructed in 1990. The older building offers six leasable spaces, four of which are currently occupied, while the newer building has two spaces, one leased and one available. The flexible layout allows for customization, with spaces ranging in size from approximately 2,160 to 2,646 square feet, easily adaptable to suit various tenant needs. Ample parking is available for tenants and visitors. This Class B property is offered at an asking price of $795,000 and presents a unique chance to capitalize on the thriving Cleburne business environment. The property's multi-tenant structure and potential for increased occupancy make it an attractive investment with significant upside. Johnson County's robust economy and strategic location further enhance this property's appeal. This is a modified lease type property.
Value Estimations
based on Realmo’s proprietary methodology
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Cleburne
- County
- Johnson
- State
- Texas
- Longitude
- -97.4122
- Latitude
- 32.3447
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2018
$3,806
$45,302
$387,601
$432,903
-
$45,302
$387,601
$432,903
