502 Morgan Meridian, TX 76665-2913
This exceptional commercial property at 502 W Morgan in Meridian, Texas, presents a unique investment opportunity. Boasting 3,621 square feet on a 0.97-acre lot, this adaptable space offers endless possibilities for a variety of businesses. Previously utilized as a successful restaurant, the property is now available for immediate occupancy and customization. Its expansive layout allows for creative reimagining as a retail store, office complex, cafГ©, or any other commercial venture. The generous square footage provides ample room for operations and potential expansion. A significant advantage is the abundant on-site parking, ensuring convenient access for customers and employees. Located in the heart of Meridian, this property benefits from high visibility and easy access to local amenities and transportation routes. The asking price is $795,000. This is a rare chance to acquire a substantial commercial property in a desirable location with significant upside potential. Don't miss this opportunity to secure a prime piece of Meridian real estate and establish your business in a thriving community. The property is ready for immediate possession and awaits your vision.
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Abuelita's Mexican Restaurant Restaurant
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Ay Jalisco Mexican Restaurant Bar & Grill Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.