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    10502 Highway 6 Meridian, TX 76665

    For Sale
    $175,000

    5.57 Acres, Highway 6 Access, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 5.57-acre vacant land parcel presents a remarkable investment opportunity in Meridian, Texas. Strategically located along Highway 6, this property boasts approximately 712.52 feet of valuable road frontage, ensuring high visibility and accessibility. Its prime location offers significant advantages for various commercial or development ventures. The land is situated just three miles from the key intersection of Highway 22 and Highway 6, providing convenient access to major transportation routes and enhancing its overall appeal. The property's size and location make it ideal for a range of uses, from commercial development to potential subdivision. With its substantial road frontage and proximity to key transportation arteries, this property offers unparalleled potential for growth and return on investment. The address is 10502 Highway 6, Meridian, Texas, 76665, situated in Bosque County. The asking price for this exceptional property is $175,000. This is a rare opportunity to acquire a significant land holding in a rapidly developing area. Don't miss out on this chance to secure a piece of prime Texas real estate.

    Property Features for 10502 Highway 6

    General Information

    Property type
    Land
    Lot Size
    242,629 SF

    HighLights

    • 5.57 acres of land
    • 712.52 feet of highway frontage on Highway 6
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Gym & Fitness Skin Care Clinic Acupuncture

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

    Location Insight

    • Map
    • Local Demand
    City
    Meridian
    County
    Bosque
    State
    Texas
    Longitude
    -97.707657764173
    Latitude
    31.93873394081

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    FAQs

    What type of property is this?
    Land - 5.57 Acres, Highway 6 Access, Prime Location
    Where is this land located?
    The property is located at 10502 Highway 6 Meridian, TX.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: 5.57 acres of land; 712.52 feet of highway frontage on Highway 6;
    Request Owner's contact information
    10502 Highway 6 Meridian, TX 76665
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    Meridian, TX 76665
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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
    10502 Highway 6 Meridian, TX 76665
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