119 RIVER ST Meridian, TX 76665
760 SF retail space available for purchase.
Property Features for 119 RIVER ST
General Information
- Standard status
- Active
- Size
- 760 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1920
Listing office Bentwood Realty (254) 294-2334
Listing date May 26, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Bentwood Realty
Investment Insights
Based on property information with market context.
Key Highlights
- 760 SF of space
- Built in 1920
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $14.1k | $18.60 |
| − Vacancy | −$1.5k | −$1.95 |
| EGI | $12.7k | $16.65 |
| − OpEx | −$3.8k | −$4.99 |
| NOI | $8.9k | $11.65 |
