Do You Understand Sears’ Real Estate Potential?

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Other examples include focusing on stores that are prime for redevelopment into mixed-use facilities — retail, office, and residential space.

How much is all of this worth, and what does it mean for the share price?Estimates vary, but the company has billions upon billions of dollars worth of real estate that it can leverage, with the most valuable real estate (84% of the total, by Baker Street’s count) representing just 20% of the properties.

Though the market is aware of Sears’ vast real estate, it has yet to recognize the potential of its lease income and redevelopment. In the coming years, expect a company whose retail operations are dwarfed by the income of one of the largest commercial real estate portfolios in existence.

The article Do You Understand Sears’ Real Estate Potential? originally appeared on Fool.com.

Fool contributor Michael Lewis has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. 

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