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US-380 - 458+/- Acre Development Site | Bridgeport ETJ 457.73 Acres of Commercial Land Offered at $8,250,000 in Bridgeport, TX 76426
INVESTMENT 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.
- The Site is within 2 miles from Brookshire’s Grocery, Wise Health System, First National Bank, and the historic Downtown Bridgeport.
- Wise County has a population of just under 75,000 people, a 9.1% increase from 2020 and population growth continues to trend upward.
- 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 located in Wise County within the Bridgeport ETJ allowing for a variety of uses as there is no zoning in place.
PROPERTY FACTS Under Contract
1 LOT AVAILABLE
Lot
| Price | $8,250,000 | Lot Size | 457.73 AC |
| Price Per AC | $18,023.73 |
| Price | $8,250,000 |
| Price Per AC | $18,023.73 |
| Lot Size | 457.73 AC |
DESCRIPTION
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.
CONTACTS
-
Jordan Cortez -
Justin Tidwell -
Mason John -
Haley Birmingham -
Will Droese -
Reid Pierce -
Vanguard Real Estate Advisors
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US-380 - 458+/- Acre Development Site | Bridgeport ETJ
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