Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1012 Halsell Street Bridgeport, TX 76426

    View on Map
    For Sale
    $349,000

    Office - Bridgeport, TX

    Type:Office
    Property size:
    4,000 SF
    Lot size:
    0.08 Acres
    Added:
    Nov 7, 2025
    Days on Market:
    144
    Last Refresh:
    Mar 31 at 7:06 pm

    Property Features for 1012 Halsell Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    APN
    754746
    Size
    4,000 SF
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1920
    Flooring type
    Carpet, Laminate, Linoleum
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    We can help!

    Listing Contact
    Ashley Frantom
    Ashley Frantom

    Listing agent Ashley Frantom License #0750968

    Listing office Parker Properties Real Estate 103 N State St, Decatur, TX

    Listing date Nov 7, 2025

    MLS# 21102631 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Bridgeport Commercial Building

    Located on Halsell Street in downtown Bridgeport, this commercial building offers an estimated 4000 square feet of usable space, suitable for business or mixed-use purposes. The first floor features a large open area, three additional rooms, a generous office nook, ample storage space, and washer and dryer hookups, making it ideal for office, retail, or service operations. The second floor includes multiple spacious rooms, a full bathroom, additional storage, and a large dining area with a fully functioning kitchen that overlooks downtown Bridgeport. This property presents potential for investors or business owners seeking a spot in Bridgeport’s downtown district. The lot size is 0.08 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rooted Physical Therapy ... Medical Clinic

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bridgeport
    County
    Wise
    State
    Texas
    Longitude
    -97.757548
    Latitude
    33.210141

    Nearby Similar for Sale

    • $449,000

      Retail Property in Bridgeport, TX

      Two buildings in a high-traffic area with retail potential.
      914 Halsell Street, Bridgeport, TX 76426
      View Details
    • $329,000

      Bridgeport Retail Investment Opportunity

      Retail spaces for sale in a busy business area.
      1804 Chico Highway, Bridgeport, TX 76426
      View Details
    • $380,000

      Operating Restaurant Near Highway

      Turnkey Japanese restaurant for sale with highway visibility.
      1902 chico highway 114, Bridgeport, TX 76426
      View Details
    • $1,100,000

      Luxurious Office Building in Bridgeport

      Office building with adjoining lease space in great location.
      809 Woodrow Wilson Ray Circle, Bridgeport, TX 76426
      View Details
    • $990,000
      3,181 SF

      Lake Bridgeport Custom Home

      Custom-built home near Lake Bridgeport with saltwater pool on 3.5 acres.
      217 E Bay Drive, Bridgeport, TX 76426
      View Details
    • $350,000

      Historic Bridgeport Building For Sale

      Vintage building in historic downtown Bridgeport, suitable for dining, retail, office.
      1201 Halsell Street, Bridgeport, TX 76426
      View Details
    • $550,000

      Prime Retail Location in Bridgeport, TX

      Corner retail building with endless possibilities in downtown Bridgeport, TX.
      921 Halsell Street, Bridgeport, TX 76426
      View Details
    • $250,000

      Downtown Bridgeport Retail Opportunity

      2,000 sq ft retail building in downtown Bridgeport, Texas.
      919 Halsell, Bridgeport, TX 76426
      View Details
    • $400,000

      Two Homes on One Lot

      Two homes on one lot, ideal for rental income.
      1212 Thompson Street, Bridgeport, TX 76426
      View Details
    • $445,000

      Bridgeport Commercial Pad Site

      Commercial pad site with buildings and ample parking in Bridgeport.
      3269 S State Highway 101 Highway, Bridgeport, TX 76426
      View Details
    • $2,999,000
      2,950 SF

      Bridgeport Ranch with Development Potential

      182-acre ranch near Hwy 380 with development potential.
      2012 Cuba Road, Bridgeport, TX 76426
      View Details
    • $7,495,000

      Texas Ranch Near Trinity River

      920-acre ranch with river frontage near Fort Worth.
      124 Private Road 3209, Bridgeport, TX 76426
      View Details

    FAQs

    What type of property is this?
    Office building - Spacious 4000 SF building in downtown Bridgeport, Texas.
    Where is this office building located?
    The property is located at 1012 Halsell Street Bridgeport, TX.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: Prime downtown Bridgeport location.; Approximately 4000 sq ft of usable space.; Versatile layout suitable for business or mixed‑use.
    (940) 627-9040
    We can help!
    Listing Contact
    Ashley Frantom
    Ashley Frantom
    Real Estate License ID: 0750968
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!