# 2885 S Lamar Blvd., Oxford, MS 38655

> **TL;DR:** commercial, $4,100,000 ($195/sqft), built 1985, 21,025 sqft. Est. $21,928/mo. Listed 134 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $4,100,000 |
| Price/sqft | $195 |
| Square Feet | 21,025 |
| Year Built | 1985 |
| Lot Size | 109,336 sqft (2.51 acres) |
| Property Type | Commercial (Other) |
| Status | Pending |
| Days on Market | 134 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $20,732 |
| Estimated Insurance | $1,196 |
| **Total** | **$21,928** |

## Property Highlights

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

## Description

### Agent 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.

## Location

- **Address:** 2885 S Lamar Blvd., Oxford, MS 38655
- **County:** LAFAYETTE
- **Coordinates:** 34.3359593, -89.5187514
- **Google Maps:** https://www.google.com/maps?q=34.3359593,-89.5187514

## Virtual Tour & Media

- **Video Tour:** tour.usamls.net/2885-South-Lamar-Blvd-Oxford-MS-38655/unbranded

## Listing Agent

- **Name:** Joel Reeves
- **Brokerage:** Cannon Cleary
- **Broker Phone:** 6623711000
- **Listing URL:** [View original listing](http://www.usamls.net/ncentral/default.asp?mls_number=167823&content=expanded&this_format=0)

## Photos

![2885 S Lamar Blvd. - Photo 1](http://lh.rdcpix.com/795d5f9c9b976d7d3794a075788ff18dl-f3188259485r.jpg)

![2885 S Lamar Blvd. - Photo 2](http://lh.rdcpix.com/795d5f9c9b976d7d3794a075788ff18dl-f2185865597r.jpg)

![2885 S Lamar Blvd. - Photo 3](http://lh.rdcpix.com/795d5f9c9b976d7d3794a075788ff18dl-f1997647575r.jpg)

---

**MLS#:** 167823 | **Updated:** 2026-10-20
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/2885-s-lamar-blvd-oxford-ms-38655-76fc2ec35d1c458fa7576c18b7355454)

---

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