Fenced Flex Industrial
For Sale
$750,000
315 Highway 114, Bridgeport, TX 76426
CommercialSale, Bridgeport, TX
Property Size5,000 SF
Lot Size2.70 Acres
Price / SF$150
Days on Market142
Property Features for 315 Highway 114
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Subdivision
A0155
Directions
Consult Gps
Standard status
Active
APN
733895
Size
5,000 SF
Lot size
2.70 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1982
Floors in Building
1
Number of units
1
Flooring type
Carpet, Concrete
Building materials
AluminumSiding
Roof type
Metal
Listing Agency:
Texas Homes and Land Real Estate, LLC
(903) 870-6956
Listed By:
Jessica Self · License #0792629
(214) 908-5468
Added: May 18
Changed: Sep 16
Last Checked: Oct 6 at 11:06AM
MLS# 21272415
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.
Investment Insights
Based on property information with market context.
This flex property combines office capacity with industrial workspace on approximately 2.7 acres. The 5,000-square-foot main building includes 6 offices, 3 storage rooms, and 2 bathrooms, along with an insulated three-bay workshop equipped with water, electric service, and 3 roll-up doors. A separate mobile office adds 8 private offices and a full bathroom. Concrete and carpet flooring, aluminum siding, and a metal roof are among the documented improvements.
The fully fenced and gated site is positioned along TX-114 within Bridgeport city limits. Gravel parking and open workspace support equipment, trailers, and fleet vehicles, while public water and public sewer serve the property. Built in 1982, the asset offers a combination of administrative space, storage, shop functionality, and outdoor operating area.
The fully fenced and gated site is positioned along TX-114 within Bridgeport city limits. Gravel parking and open workspace support equipment, trailers, and fleet vehicles, while public water and public sewer serve the property. Built in 1982, the asset offers a combination of administrative space, storage, shop functionality, and outdoor operating area.
Key Highlights
- Approximately 2.7 acres along TX‑114 in Bridgeport city limits
- 5,000 square feet with 6 offices, 3 storage rooms, and 2 bathrooms
- Insulated 3‑bay workshop with water, electric, and 3 roll‑up doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,592
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$531,840
$531.8K
Cap Rate 7%
$379,886
$379.9K
Cap Rate 9%
$295,467
$295.5K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$40.2K $8.04/SF
− Vacancy
−$2.2K −$0.44/SF
EGI
$38.0K $7.60/SF
− OpEx
−$11.4K −$2.28/SF
NOI
$26.6K $5.32/SF
Area
Wise County, TX
Vacancy
5.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$531,840
Cap Rate 7%
$379,886
Cap Rate 9%
$295,467
Alternative Uses
Best Use
Office B
$1.19M
$1.05M – $1.39M
NOI $83,635 @ 7.0% cap · market cap 11.15%
Second Best
Industrial
$379.9K
$332.4K – $443.2K
NOI $26,592 @ 7.0% cap · market cap 3.55%
Theoretical Best
Hotel Hospitality
$3.77M
$3.30M – $4.39M
NOI $263,625 @ 7.0% cap · market cap 35.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial compound with office, workshop, storage, gated access, and substantial outdoor operating area.
Where is this flex space located?
The property is located at 315 Highway 114 Bridgeport, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Approximately 2.7 acres along TX‑114 in Bridgeport city limits; 5,000 square feet with 6 offices, 3 storage rooms, and 2 bathrooms; Insulated 3‑bay workshop with water, electric, and 3 roll‑up doors
