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Property profile & analytics
FOR SALE
Super regional malls

832 Highway 19 N Meridian, MS 39307

101,888 SF 0 ac lot Built 1970
Entity Owned Absentee Owner Free & Clear
Property ID
US50-0461617
Property summary
AI-generated overview

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 profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1970
Construction WOOD
Total area 101,888 SF
Lot 0 ac (9 SF)
APN 76141053000100100
UPID US50-0461617
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
  • Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
  • NFusionX Child Welfare Organization Charitable Organization
  • Roses Discount Store Discount Store
  • Tower Loan Loan Service
  • Young Fashion Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
TRIPLE HORSESHOE
TRIPLE HORSESHOE
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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