Multi-Suite Office
809 Woodrow Wilson Ray Circle, Bridgeport, TX 76426
For Sale
$1,250,000
CommercialSale, Bridgeport, TX
Property Size4,777 SF
Lot Size0.77 Acres
Price / SF$261.67
Days on Market121
Property Features for 809 Woodrow Wilson Ray Circle
General Information
Property type
Property subtype
Zoning description
Parking features
Subdivision
Directions
Standard status
APN
Lot size
Additional Details
Property Use
Condition
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
conference room
shared kitchen-break room
covered, fenced outdoor sitting area
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
C-21 SUE ANN DENTON, BRIDGEPOR · Century 21 Real Estate
Listed By:
Sandi George · License TX #0743047
(940) 683-3080
Added: Jul 15
Changed: Nov 1
Last Checked: Nov 12 at 7:06PM
MLS# 21331077
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.
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Investment Insights
Based on property information with market context.
This brick office property, built in 1995, is arranged as two suites that may serve one business or be occupied separately. The interior includes nine private offices, two reception areas, two workrooms with storage and workspace, a conference room, and a shared kitchen-break room with granite countertops, farmhouse sink, dishwasher, and extensive cabinetry. Vinyl, carpet, and tile flooring are used throughout, with central electric heating and cooling.
The property occupies 0.77 acres at 809 Woodrow Wilson Ray Circle in Bridgeport, Texas, with access to Highway 380. A covered, fenced outdoor sitting area adds an exterior gathering space, while an open parking lot supports the building. Public water and public sewer serve the property. The layout is suited to professional office operations and is also identified as adaptable for medical office use.
The property occupies 0.77 acres at 809 Woodrow Wilson Ray Circle in Bridgeport, Texas, with access to Highway 380. A covered, fenced outdoor sitting area adds an exterior gathering space, while an open parking lot supports the building. Public water and public sewer serve the property. The layout is suited to professional office operations and is also identified as adaptable for medical office use.
Key Highlights
- Two‑suite configuration supports single‑user occupancy or separate leasing
- Nine private offices, two reception areas, and two workrooms
- 4,777 square feet of office space
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
Office A
$1.68M
$1.47M – $1.96M
NOI $117,629 @ 7.0% cap · market cap 9.41%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
287
Businesses Nearby
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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
$257,500
Median Home Value
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Market
Average Price Trend$/SF for Office buildings in Wise County, TX
Properties on Market for Office buildings in Wise County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Two suites provide flexible occupancy for a single business or separate professional users.
Where is this office building located?
The property is located at 809 Woodrow Wilson Ray Circle 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: Two‑suite configuration supports single‑user occupancy or separate leasing; Nine private offices, two reception areas, and two workrooms; 4,777 square feet of office space
