Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    102 Short St Meridian, TX 76665

    Sponsored
    For Sale
    $220,000

    Business - Meridian, TX

    Type:Business
    Property size:
    3,234 SF
    Lot size:
    0.50 Acres
    Days on Market:
    3
    Last Refresh:
    Feb 25 at 4:06 pm

    Property Features for 102 Short St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    R20720
    Parking features
    Driveway, Garage
    Size
    3,234 SF
    Lot size
    0.50 Acres

    Utilities

    Heating system
    Electric (Heating), Other (Heating)
    Cooling system
    Electric

    Building Details

    Year built
    2023
    Flooring type
    Concrete
    Building materials
    Concrete, Metal Siding
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Cody Murphy

    True Guard Property Management (817) 487-1150

    Listing agent Cody Murphy (817) 415-0706 License #0786363

    Listing date Feb 23, 2026

    MLS# 21188351 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Commercial Property in Meridian, TX

    This 3,234 sq. ft. commercial property is located in Meridian, TX. Zoned for commercial use, the building is suitable for mechanics, metal fabrication, contractor services, or other trade-based enterprises. The floor plan includes a dedicated office area, restroom, and a large open work bay. The space provides flexibility for customization. Located within Meridian’s commercial corridor, the property offers access for customers, equipment, and deliveries. The lot size is 0.498 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Big Box & Wholesale Store Food Market Parking Lot & Garage

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Weldon's Auto Repair, LOCO tire oil and shop, Serrato Auto Tire Shop, Shaddered Window Tinting, Howard's Automatic Transmission

    Location Insight

    • Map
    • Local Demand
    City
    Meridian
    County
    Bosque
    State
    Texas
    Longitude
    -97.6293
    Latitude
    31.9228

    Nearby Similar for Sale

    • New
      $399,000
      0.19 Acres

      Meridian, TX Car Wash Business

      Well-maintained 4-bay car wash with ice and water machine.
      108 E Morgan, Meridian, TX 76665
      View Details
    • New
      $325,000
      1,080 SF

      Ranch House on Wooded Acreage

      Ranch house on 5 acres with access to ranch amenities.
      1333 Private Road 2120, Meridian, TX 76665
      View Details
    • $349,500
      0.43 Acres

      Prime Corner Lot Restaurant Opportunity

      High-visibility corner lot with fully equipped restaurant in Meridian, TX.
      305 Hwy 22 E, Meridian, TX 76665
      View Details
    • New
      $799,999
      0.89 Acres

      River View Duplexes Investment Opportunity

      Three well-maintained duplexes in a peaceful, secluded setting.
      710 Erath St, Meridian, TX 76665
      View Details
    • $375,000
      1.50 Acres

      Storage Business Opportunity in Meridian

      Storage business for sale with expansion potential in Meridian, TX.
      313 E G St, Meridian, TX 76665
      View Details
    • $130,000
      0.29 Acres

      Meridian, TX Warehouse Opportunity

      Versatile property in Meridian, TX, ideal for storage or retail.
      108 Hill N, Meridian, TX 76665
      View Details
    • $899,000
      1,848 SF

      Texas Ranch with Agricultural Exemption

      30-acre ranch featuring a well-maintained home and functional amenities.
      172 Pr, Meridian, TX 76665
      View Details
    • $1,899,000
      1,848 SF

      Turnkey Ranch Property in Central Texas

      116-acre ag exempt ranch with a well-maintained 3-bedroom house.
      172 Private Road 2361, Meridian, TX 76665
      View Details
    • $1,400,000
      1,656 SF

      Texas Ranch with Highway Access

      191-acre ranch near Meridian, TX with home and improvements.
      269 Private Road 2362, Meridian, TX 76665
      View Details
    • $4,900,000
      15,000 SF

      Turnkey Texas Ranch with Views

      Stunning 190-acre ranch suitable for recreation, livestock, or investment.
      10771 6 Hwy, Meridian, TX 76665
      View Details
    • $139,500
      980 SF

      Furnished Country Property in Meridian, TX

      Turnkey property on .99 acres with manufactured home and barn.
      912 2357, Meridian, TX 76665
      View Details
    • $2,250,000
      2,840 SF

      Bosque River Retreat with Cornfield

      25-acre Meridian, Texas property with main house and metal building.
      395 County Road 2530, Meridian, TX 76665
      View Details

    FAQs

    What type of property is this?
    Auto shop - 3,234 sqft commercial property zoned for business use.
    Where is this auto shop located?
    The property is located at 102 Short St Meridian, TX.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: - 3,234 sq. ft. commercial property zoned for commercial use; - Ideal for mechanics, metal fabrication, contractor services, or other trade-based enterprises; - Features a dedicated office area, restroom, and large open work bay
    (817) 415-0706
    Request Owner's contact information
    102 Short St Meridian, TX 76665
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    102 Short St
    Meridian, TX 76665
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    102 Short St Meridian, TX 76665
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Cody Murphy
    Real Estate License ID: 0786363
    (817) 415-0706
    Learn more
    Google sign-in failed. Please try again or use another login method.