3
See all 3 photos
$4,100,000
Est. payment /mo
21,025 SqFt
Pending
2885 South Lamar Blvd. Oxford, MS 38655
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 21,025 sqft
Price per Sqft $195
MLS Listing ID 167823
Year Built 1985
Lot Size 2.510 Acres
Property Sub-Type Commercial
Property 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
State MS
County Lafayette
Area South
Zoning OXFORD
Interior
Heating Other
Cooling Other
Exterior
Parking Features Parking Lot
View Y/N No
Roof Type Other
Garage No
Building
Foundation Other
Sewer Other
Schools
Elementary Schools Oxford
Middle Schools Oxford
High Schools Oxford
Others
Special Listing Condition Real Estate Owned
Virtual Tour https://tour.usamls.net/2885-South-Lamar-Blvd-Oxford-MS-38655/unbranded
Listed by Cannon Cleary McGraw
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION