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    1000 Us-380 Bridgeport Tx 76426 Bridgeport, TX 76426

    For Sale
    Contact for pricing

    Grocery-anchored development opportunity in high-growth market.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional commercial land parcel presents a unique development opportunity in Bridgeport, Texas. Located at 1000 US-380, this property boasts unparalleled visibility with 18,682 vehicles passing daily. Its prime location is adjacent to a high-performing Brookshire's Food and Pharmacy, ranked among the top stores in the brand. The area is experiencing significant retail growth, evidenced by recent additions such as Whataburger, Katie's Car Wash, Starbucks, Scooters Coffee, AT&T, and Ace Hardware. The presence of Lake Bridgeport and surrounding communities further enhances the area's appeal as a retail hub. This thriving market is supported by major employers like Devon Energy Corporation (over 200 employees) and Wise County Health System (regional hospital and 17+ locations). The influx of new residential developments, including Stagecoach Crossing, Walkers Park, The Reserve at Bridgeport, and Dry Creek Estates (adding over 1000 homes), ensures a robust and expanding customer base. With over 30,417 people within a 10-mile radius and an average household income of $111,327, this property offers exceptional potential for developers seeking a high-return investment in a dynamic and growing market. The property's APN is 781119. This is a truly remarkable opportunity to capitalize on the strong retail demand and significant growth trajectory of this desirable location in Wise County.

    Property Features for 1000 Us-380 Bridgeport Tx 76426

    General Information

    Property type
    Land

    HighLights

    • High‑traffic location on US Route 380, with 18,682 vehicles per day.
    • Excellent co‑tenancy with a top‑performing Brookshire’s Food and Pharmacy.
    • Strong recent retail growth with new Whataburger, Katie's Car Wash, Starbucks, Scooters, AT&T, and Ace Hardware.
    • Strong regional draw to Bridgeport due to Lake Bridgeport and surrounding communities, attracting retailers.
    • Located near major employers Devon Energy (200+ employees) and Wise County Health System (17+ locations).
    • Surrounded by new residential developments adding 1000+ homes, fueling demand.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bridgeport
    County
    Wise
    State
    Texas
    Longitude
    -97.75674294896
    Latitude
    33.223221572927

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    FAQs

    What type of property is this?
    Land - Grocery-anchored development opportunity in high-growth market.
    Where is this land located?
    The property is located at 1000 Us-380 Bridgeport Tx 76426 Bridgeport, TX.
    What are key features of this property?
    This property features: High-traffic location on US Route 380, with 18,682 vehicles per day.; Excellent co-tenancy with a top-performing Brookshire’s Food and Pharmacy.; Strong recent retail growth with new Whataburger, Katie's Car Wash, Starbucks, Scooters, AT&T, and Ace Hardware.
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    1000 Us-380 Bridgeport Tx 76426 Bridgeport, TX 76426
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1000 Us-380 Bridgeport Tx 76426 Bridgeport, TX 76426
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