Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    208 South Lamar Oxford, MS 38655

    View on Map
    Claim this Listing
    New
    Picture of Retail space at 208 South Lamar, Oxford, MS
    For Sale
    Under Contract
    Contact for pricing

    Commercial Lease - Oxford, MS

    Property size:
    3,209 SF
    Lot size:
    0.01 Acres
    Price / SF:
    $5/SF
    Added:
    Apr 23, 2026
    Days on Market:
    2
    Last Refresh:
    Apr 24 at 5:06 pm

    Property Features for 208 South Lamar

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    Size
    3,209 SF
    Lot size
    0.01 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    2026
    Building materials
    Brick
    Architectural style
    Other

    We can help!

    Listing Contact
    Peyton Adams

    Listing agent Peyton Adams

    Listing office Cannon Cleary McGraw 800 College Hill Road, #5101, Oxford, MS

    Listing date Apr 23, 2026

    MLS# 167281 Listing URL

    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.

    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oxford
    County
    Lafayette
    State
    Mississippi
    Longitude
    -89.518983
    Latitude
    34.365499

    Nearby Similar for Sale

    • $3,650,000
      8,012 SF

      Oxford Office Building Investment Opportunity

      Fully leased office building in Oxford Commons corridor.
      306 Enterprise Dr., Oxford, MS 38655
      View Details
    • $2,350,000
      6,390 SF

      Modern Leased Office Building Investment

      Fully leased office building in Oxford, MS with strong income.
      404 Enterprise Dr., Oxford, MS 38655
      View Details
    • $7,400
      3,700 SF

      Flex-Use Commercial Space in Oxford

      Two-story commercial space with modern design and functionality.
      2014 University Ave, Oxford, MS 38655
      View Details
    • $2,000
      750 SF

      Retail Space on University Avenue

      750 SF retail suite in high-traffic Oxford location.
      1539 University Ave, Oxford, MS 38655
      View Details
    • $2,250
      1,200 SF

      Highway 328 Flex Warehouse Units

      Modern flex warehouse units for lease in Oxford, MS.
      HWY 328, Oxford, MS 38655
      View Details
    • $599,000
      1,750 SF

      Commercial Space in Oxford, MS

      Commercial space available in new structure near campus.
      1007 Mistilis Cove, Oxford, MS 38655
      View Details
    • $2,300,000
      8,000 SF

      Rowandale Multi-Family Investment Opportunity

      Four fully rented condo units near campus with community amenities.
      402-408 Olive Branch Way, Oxford, MS 38655
      View Details
    • $2,000,000
      5,054 SF

      Oxford Townhome Near the Square

      Townhome featuring 4 bedrooms, 4.5 baths, and a bonus room.
      240 Elm Street, Oxford, MS 38655
      View Details
    • $550,000

      47 Acres Equestrian Property Oxford

      47 acres of woods and pasture, ideal equestrian property.
      CR 313, Oxford, MS 38655
      View Details
    • $2,036
      977 SF

      Retail Space Near Ole Miss

      Retail space for coffee shop near Ole Miss, available 2026.
      2572 Oxford Way, Suite 102, Oxford, MS 38655
      View Details
    • Contact for pricing
      3,200 SF

      Oxford, MS Commercial Flex Space

      Affordable flex space ideal for office and light industrial use.
      4 County road 122, building 1 unit c, Oxford, MS 38655
      View Details
    • Contact for pricing
      1,600 SF

      Functional Office and Industrial Space

      Affordable office and light industrial space in Oxford, MS.
      4 County road 122, Building 1 unit A, Oxford, MS 38655
      View Details

    FAQs

    Where is this retail space located?
    The property is located at 208 South Lamar Oxford, MS.
    What is the asking price?
    The asking price for this property is Off market.
    (601) 953-7936
    We can help!
    Listing Contact
    Peyton Adams
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!