Mixed-Use Property with
For Sale
$1,700,000
45 W Hwy 380, Bridgeport, TX 76426
Highway-fronted commercial site combining warehouse capacity with a separate office building and on-site utilities.
Property Size9,250 SF
Lot Size0.75 Acres
Price / SF$183.78
Days on Market305
Property Features for 45 W Hwy 380
General Information
Standard status
Active
Size
9,250 SF
Lot size
0.75 Acres
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Warehouse Space
9,000 SF
Building Details
Year Built
1986
Buildings
2
Listing Agency:
Remi Lane Real Estate
Listed By:
William Lane · License #0737091
(940) 255-3412
Source:
Easttxhomesforsale
Added: Dec 29, 2025
Changed: Oct 25
Last Checked: Oct 28 at 8:33AM
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 Remi Lane Real Estate
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Investment Insights
Based on property information with market context.
This mixed-use commercial property includes an approximately 9,000-square-foot warehouse along with a separate office building. The warehouse features high ceilings, multiple access points, and room for heavy equipment or vehicle movement. The office component adds dedicated space for administrative, customer service, or management functions. On-site utilities and infrastructure support the existing commercial improvements, while parking and site access contribute to operational functionality.
The property occupies approximately 32,670 square feet along US Highway 380, providing direct highway frontage and exposure. Located outside city zoning, the site supports a broad range of commercial uses. Built in 1986, the property is configured for businesses requiring a combination of industrial workspace, storage, distribution capacity, and office operations.
The property occupies approximately 32,670 square feet along US Highway 380, providing direct highway frontage and exposure. Located outside city zoning, the site supports a broad range of commercial uses. Built in 1986, the property is configured for businesses requiring a combination of industrial workspace, storage, distribution capacity, and office operations.
Key Highlights
- Approximately 9,000‑square‑foot warehouse with high ceilings
- Approximately 32,670‑square‑foot commercial lot
- Direct frontage on US Highway 380
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$93,656
Cap Rate
5.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,873,120
$1.9M
Cap Rate 7%
$1,337,943
$1.3M
Cap Rate 9%
$1,040,622
$1.0M
Market Conditions
NOI Build-Up for 9,250 SF
Gross rent
$166.5K $18.00/SF
− Vacancy
−$16.7K −$1.80/SF
EGI
$149.9K $16.20/SF
− OpEx
−$56.2K −$6.07/SF
NOI
$93.7K $10.13/SF
Area
Wise County, TX
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,873,120
Cap Rate 7%
$1,337,943
Cap Rate 9%
$1,040,622
Alternative Uses
Best Use
Mixed Use
$1.34M
$1.17M – $1.56M
NOI $93,656 @ 7.0% cap · market cap 5.51%
Second Best
Warehouse
$853.4K
$746.7K – $995.6K
NOI $59,738 @ 7.0% cap · market cap 3.51%
Theoretical Best
Hotel Hospitality
$6.97M
$6.10M – $8.13M
NOI $487,706 @ 7.0% cap · market cap 28.69%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
200
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Highway-fronted commercial site combining warehouse capacity with a separate office building and on-site utilities.
Where is this mixed-use property located?
The property is located at 45 W Hwy 380 Bridgeport, TX.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Approximately 9,000‑square‑foot warehouse with high ceilings; Approximately 32,670‑square‑foot commercial lot; Direct frontage on US Highway 380
