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Property profile & analytics
OFF-MARKET
Specialty properties

1740 Bonita Lakes Cir Meridian, MS 39301

102,060 SF
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 1740 Bonita Lakes Circle in Meridian, Mississippi, presents a unique investment opportunity. The expansive 102,060 square foot building sits on a sizable 9.972-acre lot and is ideally situated within the Uptown Meridian Mall (Bonita Lakes Mall) complex. Previously occupied by Sears, the property comprises two distinct sections: a retail space and an automotive center. The retail area boasts three main exterior entrances, one convenient mall entrance, three loading dock doors, and several additional exterior doors, providing ample access and flexibility for various commercial uses. The automotive center section features eight bay roll-up doors and a substantial work center, perfectly suited for automotive repair, warehousing, or other businesses requiring large bay access. The property's size, location within a thriving shopping mall, and versatile layout make it an attractive prospect for a wide range of commercial ventures. The asking price is $2,475,000. The property's zip code is 39301, and it is located in Lauderdale County, Mississippi. This is a rare opportunity to acquire a significant commercial property in a high-traffic area.

Property profile
Verified
Property type Specialty properties
Total area 102,060 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sears Appliance Repair Home Appliance Store
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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