Office Building with Highway
192 W US Highway 380 Bridgeport, TX 76426
For Sale
$649,000
Office building on 1.14 acres with 328 feet of Highway 380 frontage and traffic counts over 5,500 vehicles daily.
Property Size2,392 SF
Lot Size1.14 Acres
Price / SF$271.32
Days on Market106
Property Features for 192 W US Highway 380
General Information
- Standard status
- Active
- Size
- 2,392 SF
- Lot size
- 1.14 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1992
Listing Agency:
C21 Sue Ann Denton, Decatur
(940) 683-3080
Listed By:
SUE ANN DENTON · License #0399335
(940) 683-3080
Source:
Xome
Added: Apr 11
Changed: Jul 25
Last Checked: Jul 25 at 6:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of C21 Sue Ann Denton, Decatur
Investment Insights
Based on property information with market context.
This office building sits on 1.14 acres and offers 328 feet of frontage along US Highway 380. The property is listed for sale and is positioned for straightforward access to the surrounding road network.
Public records cited indicate traffic counts over 5,500 daily in 2022 (TXDOT). The property also offers easy access and is described as located just west of a traffic light and a major intersection.
The offering includes the existing office building improvements on the stated land area, providing a compact footprint for an office user or investor seeking visibility and access from a heavily traveled roadway.
Public records cited indicate traffic counts over 5,500 daily in 2022 (TXDOT). The property also offers easy access and is described as located just west of a traffic light and a major intersection.
The offering includes the existing office building improvements on the stated land area, providing a compact footprint for an office user or investor seeking visibility and access from a heavily traveled roadway.
Key Highlights
- Office building on 1.14 acres with 328 ft of Highway 380 frontage
- Traffic count over 5,500 vehicles daily (TXDOT, 2022)
- Convenient access located just west of a traffic light and major intersection
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $73.5k | $30.72 |
| − Vacancy | −$20.1k | −$8.42 |
| EGI | $53.3k | $22.30 |
| − OpEx | −$13.3k | −$5.58 |
| NOI | $40.0k | $16.73 |
2,392 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$571.6K
$500.1K – $666.9K
NOI $40,011 @ 7.0% cap · market cap 6.17%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$1.80M
$1.58M – $2.10M
NOI $126,118 @ 7.0% cap · market cap 19.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Office building - Office building on 1.14 acres with 328 feet of Highway 380 frontage and traffic counts over 5,500 vehicles daily.
Where is this office building located?
The property is located at 192 W US Highway 380 Bridgeport, TX.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Office building on 1.14 acres with 328 ft of Highway 380 frontage; Traffic count over 5,500 vehicles daily (TXDOT, 2022); Convenient access located just west of a traffic light and major intersection
