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    832 Highway 19 Meridian, MS 39307

    Sponsored
    For Lease
    $6 SF/Yr

    Meridian, MS Retail Center - High Visibility

    Lot size:
    143,038 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    College Park Shopping Center, located at 832 Hwy 19 N in Meridian, Mississippi (zip code 39307), presents a significant retail investment opportunity. This 143,038 square foot shopping center sits on a 10.17-acre lot and is zoned B-3. Originally built in 1971 and renovated in 1989, the property boasts a prime location at the intersection of Hwy 19, Old Hwy 80, and 49th Ave, directly across from Meridian Community College, ensuring high traffic and visibility. Currently, there are 14 available spaces ranging from 600 to 36,206 contiguous square feet, with a total of 106,930 square feet currently vacant. The minimum divisible space is 870 square feet. The center benefits from a strong existing tenant base, including a recently expanded Rose's, which opened in the second quarter of 2024. Ongoing renovations are enhancing the property's appeal. This Lauderdale County property, situated in the Meridian East-Central submarket, offers exceptional potential for growth and return on investment. The property's strategic location and substantial available space make it an ideal opportunity for both established businesses and new ventures seeking a high-traffic location in a thriving community.

    Property Features for 832 Highway 19

    General Information

    Property type
    Community centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    143,038 SF
    Total Rate
    71519

    Building Details

    Year Built/Renovated
    1971/1989

    Unit(s) available at that property

    Space
    Suite 110
    Size
    5,250 SF
    Rate per SF
    $12
    Space
    Suite 210
    Size
    1,405 SF
    Rate per SF
    $14
    Space
    Suite 220
    Size
    870 SF
    Rate per SF
    $16
    Space
    Suite 250
    Size
    3,600 SF
    Rate per SF
    $12
    Space
    Suite 260
    Size
    1,670 SF
    Rate per SF
    $14
    Space
    Suite 510
    Size
    3,080 SF
    Rate per SF
    $12
    Space
    Suite 540
    Size
    4,755 SF
    Rate per SF
    $12
    Space
    Suite 550
    Size
    992 SF
    Rate per SF
    $16
    Space
    Suite 570
    Size
    18,084 SF
    Rate per SF
    $8
    Space
    Suite 564
    Size
    18,122 SF
    Rate per SF
    $8
    Space
    suite 190
    Size
    10,296 SF
    Rate per SF
    $10
    Space
    Suite 199
    Size
    600 SF
    Rate per SF
    $28
    Space
    Suite 595
    Size
    2,000 SF
    Rate per SF
    $16
    Space
    Suite 110 - 190 Out Pad
    Size
    0 SF

    HighLights

    • Busy community shopping center at the intersection of Hwy 19, Old Hwy 80, and 49th Ave.
    • Adjacent to Meridian Community College.
    • Excellent access and visibility.
    • Large anchor spaces available, 18,084 - 36,206 SF.
    • Property renovations underway.
    • Rose's relocated and expanded, opened Q2 2024.
    Property Profile Location Intelligence

    Current Use by Public Records

    Metro by T-Mobile Cell Phone Store NFusionX Youth Organization Roses Discount Store Discount Store Tower Loan Loan Agency Young Fashion Cosmetics Store

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Meridian
    County
    Lauderdale
    State
    Mississippi
    Longitude
    -88.7300773
    Latitude
    32.3666411

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    FAQs

    What type of property is this?
    Community center - Meridian, MS Retail Center - High Visibility
    Where is this community center located?
    The property is located at 832 Highway 19 Meridian, MS.
    What is the lease rate?
    The lease rate is $0.00-$28 SF/Yr.
    What are key features of this property?
    This property features: Busy community shopping center at the intersection of Hwy 19, Old Hwy 80, and 49th Ave.; Adjacent to Meridian Community College.; Excellent access and visibility.
    Request Owner's contact information
    832 Highway 19 Meridian, MS 39307
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    Meridian, MS 39307
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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
    832 Highway 19 Meridian, MS 39307
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