- For Sale $950,000
- Property Type Special Purpose
- Property Size 50,698 SF
- Lot Size 3.63 Acre
- Zoning Commercial (C1)
- # of Floors 1
- Year Built 1948
- Date Updated Dec 15, 2025
Description
AUCTION
Former School/Redevelopment Opportunity
Offered Via Sealed-Bid Auction
Reserve: $950,000 | Appraised Value: $2,275,000 (Oct 2025)
Submit Bids now through January 15
Current Use & Zoning
Former school campus on a 3.63-acre site in Meridian, TX, zoned Single Family Residential (SF-2). The property includes five existing buildings and permits continued educational or community use, with potential for residential or mixed-use redevelopment subject to local approvals.
Located in a central area of Meridian, this property offers a rare chance to reimagine an established campus for a variety of modern purposes. The existing structures include classroom buildings, a day care, a full gymnasium, and a multipurpose facility with an auditorium and cafeteria. These spaces provide adaptable environments for institutional programs, community-focused initiatives, or creative redevelopment concepts. The site benefits from established infrastructure, accessible layouts, and ample interior square footage that support a wide range of future uses.
Site Description
158,103 sq. ft. / 3.63 acres improved with five single-story buildings. Existing structures include classroom buildings, a day care, gymnasium, and a multipurpose facility, situated within a walkable neighborhood setting near the town center.
Year Built
1948
Prior Use
School Campus / Educational Facility
Occupancy
Vacant
False
Contacts
Paramount Realty USA Auctions
Location
Paramount Realty USA Auctions