About This Home

This 0-bedroom, 0-bathroom commercial at 2885 S Lamar Blvd. in Oxford, MS is listed for $4,100,000 ($195 per sqft). Built in 1985, the home offers 21,025 sqft of living space on a 2.51 acres lot.

Key Features

  • Built in 1985
  • 2.51 acre lot
  • 60 parking spaces

Property Details

60 spaces
1985
Listing Description

Check out this exceptional investment opportunity located in the heart of the Oxford, MS medical district. Offered at an asking price of $4,100,000, this asset features an approximately 8% cap rate on current NOI of $330,000. The property consists of 21,025 square feet of building space situated on 2.51 acres - Lot 1 of the 2889 South Lamar Commercial Subdivision.

The property is 100% occupied by a diverse mix of medical, professional, and service tenants, generating immediate and stable cash flow with significant land available for future development.

Monthly Cost Estimate

$21,928/mo

20% down · 6.5% · 30 years

Principal$2,965
Interest$17,767
Insurance$1,196

Estimates only. Actual payments may vary.

Location

2885 S Lamar Blvd.

Oxford, MS 38655

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 2885 S Lamar Blvd. is listed at $4,100,000 ($195/sqft). The estimated monthly payment is $21,928 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1985, 2.51 acre lot, 60 parking spaces.

This property is listed by Joel Reeves.

JR

Joel Reeves

Agent at Cannon Cleary

Listed by Cannon Cleary · Broker phone: 6623711000 · View on Broker Site

MLS# 167823· Source: North Central Mississippi Realtors· 132 days on PropertySimple

Copyright © 2026 North Central Mississippi Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2885 S Lamar Blvd., Oxford, MS 38655

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