Updated Office Building with Plumbed
For Sale
$575,000
401 Center Court Dr, Bridgeport, TX 76426
Flexible office layout includes reception, conference, kitchen, laundry, and upstairs support space.
Property Size2,803 SF
Price / SF$205.14
Days on Market58
Property Features for 401 Center Court Dr
General Information
Standard status
Active
Size
2,803 SF
Additional Details
Highway Access
Yes
Amenities
reception area
conference room
full kitchen
laundry room
open room
bathroom
attic access
alarm system
surround sound
ample storage
two HVAC systems
two hot water heaters
Building Details
Year Built
2001
Buildings
1
Construction
stone and brick
Listing Agency:
Coldwell Banker Realty
Listed By:
Jaime Wester · License #0662710
(817) 996-0104
Source:
Minteerteam
Added: Aug 17
Changed: Sep 12
Last Checked: Oct 7 at 4:56PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
Built in 2001, this 2,803-square-foot office building combines stone and brick construction with an updated interior and a flexible room arrangement. Seven rooms have plumbing, including one with a shower. The main level includes a spacious reception area, conference room, full kitchen, separate laundry room, and storage. An upstairs open room includes a bathroom and attic access.
The property at 401 Center Ct Dr is located one block from US 380 and two blocks from State Highway 114. Parking includes open spaces and eight covered spaces. Building systems and features include two HVAC units, two hot water heaters, an alarm system, and installed surround-sound speakers in every room. The layout and plumbing infrastructure support consideration for medical, dental, spa, salon, childcare, and other professional service uses.
The property at 401 Center Ct Dr is located one block from US 380 and two blocks from State Highway 114. Parking includes open spaces and eight covered spaces. Building systems and features include two HVAC units, two hot water heaters, an alarm system, and installed surround-sound speakers in every room. The layout and plumbing infrastructure support consideration for medical, dental, spa, salon, childcare, and other professional service uses.
Key Highlights
- 2,803 SF office building constructed in 2001
- Seven plumbing‑equipped rooms; one includes a shower
- Reception area, conference room, full kitchen, and separate laundry room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,886
Cap Rate
8.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$937,720
$937.7K
Cap Rate 7%
$669,800
$669.8K
Cap Rate 9%
$520,956
$521.0K
Market Conditions
NOI Build-Up for 2,803 SF
Gross rent
$86.1K $30.72/SF
− Vacancy
−$23.6K −$8.42/SF
EGI
$62.5K $22.30/SF
− OpEx
−$15.6K −$5.58/SF
NOI
$46.9K $16.73/SF
Area
Wise County, TX
Vacancy
27.40%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$937,720
Cap Rate 7%
$669,800
Cap Rate 9%
$520,956
Alternative Uses
Best Use
Office B
$669.8K
$586.1K – $781.4K
NOI $46,886 @ 7.0% cap · market cap 8.15%
Second Best
Healthcare Medical
$631.7K
$552.8K – $737.0K
NOI $44,222 @ 7.0% cap · market cap 7.69%
Theoretical Best
Hotel Hospitality
$2.11M
$1.85M – $2.46M
NOI $147,788 @ 7.0% cap · market cap 25.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
279
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Flexible office layout includes reception, conference, kitchen, laundry, and upstairs support space.
Where is this office building located?
The property is located at 401 Center Court Dr Bridgeport, TX.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 2,803 SF office building constructed in 2001; Seven plumbing‑equipped rooms; one includes a shower; Reception area, conference room, full kitchen, and separate laundry room
