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Multi-Suite Office Building
For Sale
$1,250,000

809 Woodrow Wilson Ray Circle, Bridgeport, TX 76426

CommercialSale, Bridgeport, TX

Property Size4,777 SF
Lot Size0.77 Acres
Price / SF$261.67
Days on Market91

Property Features for 809 Woodrow Wilson Ray Circle

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Commercial
Parking features Parking Lot, Open
Subdivision North Park Add
Directions GPS friendly
Standard status Active
APN 753975
Lot size 0.77 Acres

Taxes and HOA fees

Tax Description LOT 1B BLK A NORTH PARK ADDITION
Tax Annual Amount 14760
Legal Description LOT 1B BLK A NORTH PARK ADDITION

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Electric, Central Air
Water source Public

Amenities

covered outdoor sitting area
conference room
kitchen-break room

Building Details

Year built 1995
Floors in Building 1
Number of units 2
Flooring type Carpet, Vinyl, Tile
Building materials Brick
Roof type Composition
Listing Agency: C-21 SUE ANN DENTON, BRIDGEPOR · Century 21 Real Estate
Listed By: Sandi George · License #0743047
Added: Jul 15 Changed: Oct 8 Last Checked: Oct 13 at 4:06PM
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.

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.

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 (±1% cap)
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 (±1% cap)
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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Open Analytics

Current Use

Cook McDonald & Co ... Accounting Firm ATM Atm Hudson Title Group Title Company

Suggested Use

Top Pick Garden Center Furniture & Home Goods Kitchen & Bath Showroom Parking Lot & Garage HVAC Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

287
Businesses Nearby

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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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
More about this property
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