Private Office
911 N Bishop, Wake Village, TX 75501
For Sale
Contact for pricing
Commercial Sale, Wake Village, TX
Property Size132 SF
Price / SF$4.55
Days on Market189
Property Features for 911 N Bishop
General Information
Property type
Property subtype
Bathrooms
Full bathrooms
Rooms
Subdivision
Directions
Standard status
Size
Amenities
community bathrooms
kitchen
conference room
Building Details
Number of units
Listing Agency:
PH Property Management
Listed By:
Lauren Callaway Ph Pm
(903) 716-6381
Added: May 9
Changed: Oct 22
Last Checked: Nov 13 at 2:06PM
MLS# 204981
Copyright © 2026 Texarkana Board of Realtors. 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 132-square-foot private office suite provides a dedicated setting for business operations, focused work, and client meetings. The space features clean, neutral finishes within a maintained office complex and offers access to shared common areas.
Property amenities include community bathrooms, a shared kitchen, and a conference room. The office is located at 911 N Bishop in Wake Village, Texas, providing a professional workspace in a compact configuration.
Property amenities include community bathrooms, a shared kitchen, and a conference room. The office is located at 911 N Bishop in Wake Village, Texas, providing a professional workspace in a compact configuration.
Key Highlights
- 132 square feet of private office space
- Located within a maintained office complex
- Shared kitchen and conference room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,208
Suggested Prices Based on Cap Rates
Cap Rate 5%
$44,160
$44.2K
Cap Rate 7%
$31,543
$31.5K
Cap Rate 9%
$24,533
$24.5K
Market Conditions
NOI Build-Up for 132 SF
Gross rent
$4.1K $30.72/SF
− Vacancy
−$1.1K −$8.42/SF
EGI
$2.9K $22.30/SF
− OpEx
−$736 −$5.58/SF
NOI
$2.2K $16.73/SF
Area
Bowie 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%
$44,160
Cap Rate 7%
$31,543
Cap Rate 9%
$24,533
Alternative Uses
Best Use
Office B
$31.5K
$27.6K – $36.8K
NOI $2,208 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$46.4K
$40.6K – $54.2K
NOI $3,250 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
205
Businesses Nearby
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Business Placement
Demographics for 75501, TX
36,423
Population
15,302
Households
2.4
Avg Household Size
38
Median Age
15%
College-Educated
86%
High-School Grad
96.3 sq mi
ZIP Area
378
Density / Sq Mi
$46,782
Median Household Income
$33,758
Median Earnings
$904
Median Rent
$125,700
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Bowie County, TX
Properties on Market for Office Units in Bowie County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Private workspace in an office complex with shared kitchen, conference room, and common areas.
Where is this office unit located?
The property is located at 911 N Bishop Wake Village, TX.
What are key features of this property?
This property features: 132 square feet of private office space; Located within a maintained office complex; Shared kitchen and conference room
