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1991 W Henderson St - Hill College Adjacent 12.875 acres

12.87 Acres of Commercial Land Offered at £2,852,030 in Cleburne, TX 76033

Investment Highlights

  • Key piece located on the fast developing western side of Cleburne
  • Near the College and the Hospital
  • High elevation with great visibility

Executive Summary

Land is highly suitable to a large multifamily development with great visibility form Henderson and Highway 67. Located directly adjacent to Hill College and just across the highway from Cleburne's only hospital. The hard corner could be sectioned off for a convenience store with enough land remaining to still develop multifamily. Cleburne recently updated zoning ordinance allows for 36 units per acre multi family. This eastern side of town has a large demand for multifamily units as shown by the Chisolm Trail complex directly behind it has a low vacancy rate and was completed recently. The single-family development that is to the south is entering into phase III of construction and will eventually bring over 500 rooftops to the area with University Drive completed at Henderson and eventually extending all the way south to Country Club Road and the golf course.

Attachments

SURVEY-002-PRELIM

Data Room Click Here to Access

  • Offering Memorandum

Property Facts

Price £2,852,030 Property Subtype Commercial
Sale Type Investment or Owner User Proposed Use
Commercial
  • Apartment Units
  • Convenience Store
No. Lots 1 Total Lot Size 12.87 AC
Property Type Land
Price £2,852,030
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units
  • Convenience Store
Total Lot Size 12.87 AC

1 Lot Available

Lot

Price £2,852,030 Lot Size 12.87 AC
Price Per AC £221,603
Price £2,852,030
Price Per AC £221,603
Lot Size 12.87 AC

Hard corner large lot that is adjacent to Hill College in Cleburne, TX. Has access from both Henderson Street, a.k.a. Business 67, which is the main east/west artery of Cleburne. Is also less than 1,000 feet from the intersection with Highway 67.

Description

Vacant tract of land sitting on one of the highest points in Western Cleburne at the intersection of West Henderson Street and Mayfield Parkway directly adjacent to Hill College. Property has access to both Henderson and Mayfield Parkway with all utilities to the site. Gentle slope towards the rear of the property and towards Lake Cleburne. Any multi-story development would have views for miles.

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PROPERTY TAXES

Parcel Number 126-0400-00231 Improvements Assessment £0
Land Assessment £2,360,647 Total Assessment £2,360,647

PROPERTY TAXES

Parcel Number
126-0400-00231
Land Assessment
£2,360,647
Improvements Assessment
£0
Total Assessment
£2,360,647

zoning

Zoning Code Regional Commercial (See City of Cleburne Zoning Ordinance)
Regional Commercial (See City of Cleburne Zoning Ordinance)
(214) 549-7456

Contacts

  • Listing ID: 31320030

  • Date on Market: 25/03/2024

  • Last Updated:

  • Address: 1991 W Henderson St, Cleburne, TX 76033

The Land Property at 1991 W Henderson St, Cleburne, TX 76033 is currently available for sale. Contact DFW Advisors Ltd. for more information.

Nearby Listings

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1991 W Henderson St, Cleburne, TX for sale Other- Image 1 of 8
Westward view Mayfield Pky
1991 W Henderson St, Cleburne, TX for sale Other- Image 2 of 8
67 Frontage
1991 W Henderson St, Cleburne, TX for sale Other- Image 3 of 8
Henderson Frontage
1991 W Henderson St, Cleburne, TX for sale Other- Image 4 of 8
Hill College Adjacent
1991 W Henderson St, Cleburne, TX for sale Other- Image 5 of 8
Mayfield Pky Intersection
1991 W Henderson St, Cleburne, TX for sale Other- Image 6 of 8
Rear view with access to Hill College
1991 W Henderson St, Cleburne, TX for sale Site Plan- Image 7 of 8
Site Plan

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© 2024 CoStar Group

1991 W Henderson St - Hill College Adjacent 12.875 acres
(214) 549-7456 x

1991 W Henderson St - Hill College Adjacent 12.875 acres

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Andrew Winkelmann

(214) 549-7456

(214) 549-7456

Jim Falvo

(214) 750-9898

x214

(214) 750-9898 x214

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