US-380 - Commercial LAND FOR SALE


Bridgeport, TX 76426 19,938,719 SF
$8,250,000 USD
214-556-1951
US-380, Bridgeport, TX for Sale
$8,250,000 USD
Commercial LAND - FOR SALE
1/3
19,938,719 SF

US-380
Bridgeport, TX 76426


HIGHLIGHTS

  • The Site is positioned for development being located on both the north and south side of US-380 with over 4,300 feet of frontage.
  • Being less than 5 miles east of Lake Bridgeport the Site benefits from proximity to one of Wise County’s largest attractions.
  • The Site is within 2 miles from Brookshire’s Grocery, Wise Health System, First National Bank, and the historic Downtown Bridgeport.
  • The Site is located in Wise County within the Bridgeport ETJ allowing for a variety of uses as there is no zoning in place.
  • Wise County has a population of just under 75,000 people, a 9.1% increase from 2020 and population growth continues to trend upward.

OVERVIEW

Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer qualified investors and developers the opportunity to purchase 457.73+/- acres (the “Site”) in the Bridgeport, TX ETJ. The City of Bridgeport is located along US-380 in the rapidly growing Wise County located approximately 13 miles west of Decatur and less than an hour drive northwest of Fort Worth CBD. Bridgeport has a estimated population as of 2022 of 6,321 residents and has seen its population grow nearly 7% since 2020. The Site benefits from its premier highway frontage on the western edge of town, accessibility on both sides of US-380, low carrying costs due to Agricultural Exemption, and being located less than five miles from the renowned Lake Bridgeport. At a price point of only $18,024 per gross acre, the Site offers a rare opportunity to purchase prime development land with no existing zoning restrictions in place. Potential uses include, but are not limited to; mixed-use development, single family residential, industrial development, and commercial development. Additionally, Ownership would also consider selling either the northern (219.723+/- acres) or southern (238.007+/- acres) portion of the Site. A 2% co-broker fee is available to a third-party Broker that sources a Principal that VREA has not previously contacted in any format or sent information to regarding this opportunity.

FOR SALE DETAILS

PRICE

$8,250,000 USD

PRICE/ACRE

$18,024/AC

PRICE/SF

$0.41 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

458+/- Acre Development Site | Bridgeport ETJ

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Industrial, Mixed Use, Hold for Investment, Single Family Development

LAND ACRES

457.73 AC

LAND SF

19,938,719 SF

OFFSITE IMPROVEMENTS

Water

ZONING

ETJ

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jordan CortezVanguard Real Estate AdvisorsMore Info
214-556-1951

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Jordan CortezVanguard Real Estate AdvisorsMore Info
214-556-1951

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.