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US 67 & Nolan River
Cleburne, TX 76033

Cleburne Station · Land For Sale · 52.00 AC

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Investment Highlights

Ample frontage on US 67
Multiple uses from Entertainment, Residential, Retail, Office, Hospitality all welcome

Incrdible opportunity to develop a mixed-use power center

Executive Summary

Cleburne Station offers an incredible opportunity to develop a mixed-use power center at the intersection of two major thoroughfares. Cleburne has boasted an impressive growth rate of over 3% annually for the past 3 years, making it a hotspot for new businesses and investments.

PROPERTY FACTS

Sale Type	Investment or Owner User	Proposed Use	Retail Multifamily Hospitality Restaurant Storefront, Retail or Office
No. Lots	1	Total Lot Size	52.00 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Commercial

Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Retail Multifamily Hospitality Restaurant Storefront, Retail or Office
Total Lot Size	52.00 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Lot Size	52.00 AC

Lot Size	52.00 AC

Located in the SE corner of US 67 & Chisholm Trail Parkway adjacent to the Cleburne Railroaders Minor League Ballpark, perfectly situated at the bustling crossroads of US-67 and Chisholm Trail Parkway. Strategically located at a major intersection,

Description

This development is called Cleburne Station. Currently, 18 of the 52 acres are approved for multifamily that would hold approximately 350 units. The entire property is in an Opportunity Zone. The land also carries $10 million in incentives with the City of Cleburne through a 380 agreement. The City of Cleburne owns the stadium (red area). The entire property is currently Zoned “E” Commercial. Wal-Mart has a large distribution center nearby in the northwest quadrant of US 67 and Chisholm Trail Parkway.

PROPERTY TAXES

Parcel Number	126-2020-01030	Improvements Assessment	$0
Land Assessment	$0	Total Assessment	$505,906

PROPERTY TAXES

Parcel Number

126-2020-01030

Land Assessment

Improvements Assessment

Total Assessment

$505,906

zoning

Zoning Code	PD (Planned Development)
PD (Planned Development)

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Listing ID: 32489655
Date on Market: 7/17/2024
Last Updated:
Address: US 67 & Nolan River, Cleburne, TX 76033

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