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

    916 Halsell St Bridgeport, TX 76426

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $7,500 /Mo ($12 SF/Yr)

    Renovated historic building in prime business district, ideal for various uses.

    Property size:
    7,400 SF
    Lot size:
    0.32 Acres

    Property Features for 916 Halsell St

    General Information

    Standard status
    Active
    Size
    7,400 SF
    Lot size
    0.32 Acres

    Building Details

    Year built
    1960

    We can help!

    Listing Contact
    Kimberly Daniel
    Kimberly Daniel
    Source: Exitrealty

    Listing Agency: Compass RE Texas , LLC Listing Agent: Kimberly Daniel

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Historic Bridgeport Index Building

    The historic Bridgeport Index Building, formerly home to a newspaper publishing company, is available for lease. This fully renovated property offers modern updates and possibilities for various commercial uses. Located in a prime business district, the building features a new roof, new flooring, and fresh paint throughout. An upgraded HVAC system ensures year-round comfort, and the bathrooms have been modernized with updated ceiling tiles. The expansive, open floor plan is suitable for offices, retail, or creative space. The property offers a blend of historic charm and contemporary upgrades. The available space is approximately 7400 square feet.
    Location Intelligence

    Current Use by Public Records

    Blessed Bru Coffee ... Cafe & Coffee Shop

    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
    -97.758439
    Latitude
    33.21014

    Nearby Similar for Lease

    • $9,000 /Mo
      33,541 SF

      Luxurious Office Building in Bridgeport

      Beautiful office building with luxurious features and great location.
      809 Woodrow Wilson Ray Cir, Bridgeport, TX 76426
      View Details
    • $450 /Mo
      10,498 SF

      Professional Office Space in Bridgeport

      Private office space near downtown Bridgeport with shared amenities.
      1102 Stevens St, Bridgeport, TX 76426
      View Details
    • $8,440 /Mo
      71,438 SF

      Bridgeport Office Building For Lease

      Office building with 19 private offices available for lease.
      306 Us Highway 380, Bridgeport, TX 76426
      View Details
    • $2,500 /Mo
      45,520 SF

      Bridgeport Office Space For Lease

      Office space in Bridgeport with ample parking and office space.
      1205 Hovey St, Bridgeport, TX 76426
      View Details
    • $850 /Mo
      10,498 SF

      Remodeled Office with Highway Visibility

      Single office space in a remodeled building with shared common areas.
      904 13Th St, Bridgeport, TX 76426
      View Details
    • $550 /Mo
      10,498 SF

      Remodeled Office Space with Visibility

      Single office space in remodeled building with highway visibility.
      904 13Th St, Bridgeport, TX 76426
      View Details
    • $550 /Mo
      10,498 SF

      Remodeled Office Space on Highway

      Single office space with shared common areas and utilities for lease.
      904 13Th St, Bridgeport, TX 76426
      View Details
    • $850 /Mo
      10,498 SF

      Remodeled Office with Highway Visibility

      Single office space for lease in Bridgeport, Texas.
      904 13Th St, Bridgeport, TX 76426
      View Details
    • $2,950 /Mo
      10,498 SF

      Remodeled Office Space, Highway Visibility

      Remodeled office space ideal for medical or professional use.
      904 13Th St, Bridgeport, TX 76426
      View Details
    • $7,500 /Mo
      13,983 SF

      Historic Bridgeport Index Building For Lease

      Renovated historic building in prime business district, suitable for various uses.
      916 Halsell St, Bridgeport, TX 76426
      View Details
    • $2,200 /Mo
      3,485 SF

      Retail Space in Bridgeport, TX

      Commercial property with retail space, ideal for various business ventures.
      914 Halsell St, Bridgeport, TX 76426
      View Details
    • $3,250 /Mo

      Prime Retail Space in Bridgeport

      Corner location in downtown Bridgeport suitable for various businesses.
      921 Halsell St, Bridgeport, TX 76426
      View Details

    FAQs

    What type of property is this?
    Office building - Renovated historic building in prime business district, ideal for various uses.
    Where is this office building located?
    The property is located at 916 Halsell St Bridgeport, TX.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Fully renovated historic building, blending charm with modern updates.; - Prime Business District location suitable for various commercial uses.; - Expansive, open floor plan ideal for offices, retail, or creative space.
    (214) 814-8100
    Request Owner's contact information
    916 Halsell St Bridgeport, TX 76426
    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.
    916 Halsell St
    Bridgeport, TX 76426
    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
    916 Halsell St Bridgeport, TX 76426
    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

    We can help!
    Listing Contact
    Kimberly Daniel
    Kimberly Daniel
    Real Estate License ID: 0712245
    (214) 814-8100 (940) 577-5330 (903) 288-4219
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!