Flexible Multi-Suite Office
For Sale
$1,250,000
809 Woodrow Wilson Ray Cir, Bridgeport, TX 76426
Two suites support owner occupancy, separate leasing, or a combination of both.
Property Size4,777 SF
Price / SF$261.67
Days on Market64
Property Features for 809 Woodrow Wilson Ray Cir
General Information
Standard status
Active
Size
4,777 SF
Additional Details
Highway Access
Yes
Office Units
2
Amenities
conference room
kitchen-break room
outdoor sitting area
Building Details
Year Built
1995
Buildings
1
Building Size
4,777 SF
Listing Agency:
C-21 SUE ANN DENTON, BRIDGEPOR
Listed By:
Sandi George · License #0743047
(940) 627-3080
Source:
Aboveandbeyondrealty
Added: Aug 12
Changed: Oct 10
Last Checked: Oct 13 at 1:36AM
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 C-21 SUE ANN DENTON, BRIDGEPOR
Investment Insights
Based on property information with market context.
The 4,777-square-foot office building at 809 Woodrow Wilson Ray Cir in Bridgeport, Texas, contains two suites that may function independently or together. Its layout includes 9 private offices, two reception areas, two workrooms with storage and workspace, a conference room, and a shared kitchen-break room with granite countertops, a farmhouse sink, dishwasher, and extensive cabinetry. Luxury vinyl plank flooring and wood blinds are installed throughout, while a covered, fenced outdoor sitting area adds an exterior amenity. Built in 1995, the property fronts Highway 380 and includes ample parking. The configuration supports professional office occupancy and may also accommodate conversion for medical office use, including exam rooms and patient-care areas.
Key Highlights
- 4,777‑square‑foot office building with two suites
- 9 private offices, two reception areas, and two workrooms
- Shared kitchen‑break room with granite countertops and dishwasher
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,905
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,598,100
$1.6M
Cap Rate 7%
$1,141,500
$1.1M
Cap Rate 9%
$887,833
$887.8K
Market Conditions
NOI Build-Up for 4,777 SF
Gross rent
$146.7K $30.72/SF
− Vacancy
−$40.2K −$8.42/SF
EGI
$106.5K $22.30/SF
− OpEx
−$26.6K −$5.58/SF
NOI
$79.9K $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%
$1,598,100
Cap Rate 7%
$1,141,500
Cap Rate 9%
$887,833
Alternative Uses
Best Use
Office B
$1.14M
$998.8K – $1.33M
NOI $79,905 @ 7.0% cap · market cap 6.39%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$3.60M
$3.15M – $4.20M
NOI $251,867 @ 7.0% cap · market cap 20.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Office units
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
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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?
Office building - Two suites support owner occupancy, separate leasing, or a combination of both.
Where is this office building located?
The property is located at 809 Woodrow Wilson Ray Cir Bridgeport, TX.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 4,777‑square‑foot office building with two suites; 9 private offices, two reception areas, and two workrooms; Shared kitchen‑break room with granite countertops and dishwasher
