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Restaurant Building with Outdoor Space

1013 Halsell, Bridgeport, TX 76426

For Sale
New
$400,000

CommercialSale, Bridgeport, TX

Property Size1,922 SF
Price / SF$208.12
Days on Market5

Property Features for 1013 Halsell

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Directions Head north on 114 into Bridgeport take a left on Hasell St. the building is on your right
Standard status Active
APN 754735
Size 1,922 SF

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air

Building Details

Year built 1920
Floors in Building 1
Number of units 1
Flooring type Concrete
Building materials Brick, Concrete, Rock, Stone
Roof type Flat
Listing Agency: Elaine Kunkleman, Broker
Listed By: Elaine Kunkleman · License TX #466714
Added: Nov 8 Changed: Nov 10 Last Checked: Nov 12 at 8:06PM
MLS# 21431563

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.

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Investment Insights

Based on property information with market context.

This 1,922-square-foot restaurant property was built in 1920 and has a refreshed interior with concrete flooring. The building features brick, concrete, rock, and stone construction, a flat roof, central heating and air conditioning, and public sewer service.

Green space beside the building provides an outdoor area for dining and gatherings. The property is in Bridgeport, Texas.

Key Highlights

  • 1,922‑square‑foot restaurant property built in 1920
  • Refreshed interior with concrete flooring
  • Outdoor green space for dining and gatherings

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,361
Cap Rate
8.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$687,220 $687.2K
Cap Rate 7%
$490,871 $490.9K
Cap Rate 9%
$381,789 $381.8K
Market Conditions
NOI Build-Up for 1,922 SF
Gross rent
$48.0K $24.96/SF
− Vacancy
−$2.2K −$1.12/SF
EGI
$45.8K $23.84/SF
− OpEx
−$11.5K −$5.96/SF
NOI
$34.4K $17.88/SF
Area
Wise County, TX
Vacancy
4.50%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$687,220
Cap Rate 7%
$490,871
Cap Rate 9%
$381,789

Alternative Uses

Best Use
Specialty Retail
$490.9K
$429.5K – $572.7K (±1% cap)
NOI $34,361 @ 7.0% cap · market cap 8.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$676.1K
$591.6K – $788.8K (±1% cap)
NOI $47,327 @ 7.0% cap · market cap 11.83%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

1860 Pizza Co Restaurant

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Dental Office Electrical Service Kitchen & Bath Showroom HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

463
Businesses Nearby
Under-served
Demand for This Use

Demographics for 76426, TX

11,727
Population
4,435
Households
2.6
Avg Household Size
39
Median Age
23%
College-Educated
82%
High-School Grad
130.9 sq mi
ZIP Area
90
Density / Sq Mi
$84,759
Median Household Income
$40,995
Median Earnings
$1,172
Median Rent
$257,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A refreshed interior and landscaped outdoor area support restaurant dining and gatherings.
Where is this conventional restaurant located?
The property is located at 1013 Halsell Bridgeport, TX.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 1,922‑square‑foot restaurant property built in 1920; Refreshed interior with concrete flooring; Outdoor green space for dining and gatherings
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