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Flex Space with Office and Shop
New
For Sale
$699,000

81 US Highway 380, Bridgeport, TX 76426

CommercialSale, Bridgeport, TX

Property Size5,040 SF
Lot Size1.79 Acres
Price / SF$138.69
Days on Market2

Property Features for 81 US Highway 380

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Commercial
Parking features Driveway
Subdivision Whitten Sub
Lot features Acreage
Directions In Bridgeport 380 west. Property on R before railroad overpass.
Standard status Active
APN 768002
Lot size 1.79 Acres

Taxes and HOA fees

Tax Description LOT PT 4 & 5 WHITTEN SUBDIVISION
Tax Annual Amount 7967
Legal Description LOT PT 4 & 5 WHITTEN SUBDIVISION

Utilities

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

Building Details

Year built 1970
Floors in Building 1
Number of units 1
Flooring type Concrete
Building materials MetalSiding, StoneVeneer
Roof type Metal
Listing Agency: C-21 SUE ANN DENTON, BRIDGEPOR · Century 21 Real Estate
Listed By: JANE KASNER
Added: Oct 20 Last Checked: Oct 21 at 5:06PM
MLS# 21416014

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 flex property combines approximately 1,440 square feet of office space with a 3,600-square-foot shop. The shop has five roll-up doors and two access doors, with concrete flooring and a metal roof. The building was constructed in 1970 and has central heating and air conditioning.

The 1.79-acre property is in Bridgeport, Texas, with access from US Highway 380. Paved parking is available on site. Public water and septic service support the property.

Key Highlights

  • 1.79‑acre property in Bridgeport, Texas
  • Approximately 1,440 square feet of office space and 3,600‑square‑foot shop
  • Shop includes 5 roll‑up doors and 2 access doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,805
Cap Rate
3.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$536,100 $536.1K
Cap Rate 7%
$382,929 $382.9K
Cap Rate 9%
$297,833 $297.8K
Market Conditions
NOI Build-Up for 5,040 SF
Gross rent
$40.5K $8.04/SF
− Vacancy
−$2.2K −$0.44/SF
EGI
$38.3K $7.60/SF
− OpEx
−$11.5K −$2.28/SF
NOI
$26.8K $5.32/SF
Area
Wise County, TX
Vacancy
5.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$536,100
Cap Rate 7%
$382,929
Cap Rate 9%
$297,833

Alternative Uses

Best Use
Industrial
$382.9K
$335.1K – $446.8K (±1% cap)
NOI $26,805 @ 7.0% cap · market cap 3.83%
Second Best
Flex RnD
$346.2K
$302.9K – $403.9K (±1% cap)
NOI $24,232 @ 7.0% cap · market cap 3.47%
Theoretical Best
Hotel Hospitality
$3.80M
$3.32M – $4.43M (±1% cap)
NOI $265,734 @ 7.0% cap · market cap 38.02%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick HVAC Service Dental Office Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

200
Businesses Nearby
Well-served
Demand for This Use

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 Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - A paved parking area and access from US Highway 380 complement the office and shop configuration.
Where is this flex space located?
The property is located at 81 US Highway 380 Bridgeport, TX.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 1.79‑acre property in Bridgeport, Texas; Approximately 1,440 square feet of office space and 3,600‑square‑foot shop; Shop includes 5 roll‑up doors and 2 access doors
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