Medical Office
For Sale
$4,100,000
Pending
2885 South Lamar Blvd., Oxford, MS 38655
100% occupied medical and professional tenant mix within an established Oxford medical district.
Property Size21,025 SF
Lot Size2.51 Acres
Days on Market76
Property Features for 2885 South Lamar Blvd.
General Information
Standard status
Pending
Size
21,025 SF
Lot size
2.51 Acres
Property subtype
Commercial
Occupancy
100%
Additional Details
Cap Rate
8%
Building Details
Building Size
21,025 SF
Year Built
1985
Tenancy
Multi
Listing Agency:
Cannon Cleary McGraw
Listed By:
Joel Reeves · License #358_67
(601) 942-0132
Source:
Matthewsrealestatems
Added: Jun 22
Changed: Aug 25
Last Checked: Sep 4 at 10:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cannon Cleary McGraw
Investment Insights
Based on property information with market context.
This property is a medical office building totaling approximately 21,025 square feet, situated on 2.51 acres (Lot 1 of the 2889 South Lamar Commercial Subdivision). The offering is structured for ownership as a fully leased asset, with the building reported as 100% occupied by a diverse mix of medical, professional, and service tenants. The current NOI is reported at $330,000, and the listing states an approximately 8% cap rate based on that figure.
Located at 2885 South Lamar Blvd in Oxford, the building is presented as part of the city’s medical district. The site size provides additional land area on which future opportunities may be considered, subject to applicable approvals.
For buyers seeking an income-producing office investment in an established medical area, the property’s fully occupied status and tenant diversity are key considerations. With current NOI reported at $330,000 and the building supported by ongoing tenant occupancy, it offers a straightforward option for ownership and management of a stabilized medical-office asset.
Located at 2885 South Lamar Blvd in Oxford, the building is presented as part of the city’s medical district. The site size provides additional land area on which future opportunities may be considered, subject to applicable approvals.
For buyers seeking an income-producing office investment in an established medical area, the property’s fully occupied status and tenant diversity are key considerations. With current NOI reported at $330,000 and the building supported by ongoing tenant occupancy, it offers a straightforward option for ownership and management of a stabilized medical-office asset.
Key Highlights
- Built in 2022 and located in Oxford, MS medical district.
- 21,025 SF building on 2.51 acres (Lot 1 of the 2889 South Lamar Commercial Subdivision).
- 100% occupied with a mix of medical, professional, and service tenants.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
382
Businesses Nearby
Explore this area
Business Placement
Demographics for 38655, MS
44,153
Population
25,173
Households
1.8
Avg Household Size
32
Median Age
48%
College-Educated
92%
High-School Grad
362.1 sq mi
ZIP Area
122
Density / Sq Mi
$64,423
Median Household Income
$35,750
Median Earnings
$1,100
Median Rent
$275,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 100% occupied medical and professional tenant mix within an established Oxford medical district.
Where is this office building located?
The property is located at 2885 South Lamar Blvd. Oxford, MS.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: Built in 2022 and located in Oxford, MS medical district.; 21,025 SF building on 2.51 acres (Lot 1 of the 2889 South Lamar Commercial Subdivision).; 100% occupied with a mix of medical, professional, and service tenants.
