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Medical District Office Building
For Sale
$4,100,000
Pending

2885 S Lamar Blvd., Oxford, MS 38655

Commercial Sale, OXFORD, MS

Property Size21,025 SF
Lot Size2.51 Acres
Days on Market96

Property Features for 2885 S Lamar Blvd.

General Information

Property type Commercial Sale
Property subtype Other
Zoning OXFORD - SCO
Parking 60
Elementary school district OXFORD
Middle school district OXFORD
High school district OXFORD
Subdivision South
Standard status Pending
Size 21,025 SF
Lot size 2.51 Acres

Building Details

Year built 1985
Listing Agency: Cannon Cleary McGraw
Listed By: Joel Reeves · License #358_67
Added: Jun 19 Changed: Sep 11 Last Checked: Sep 22 at 9:06PM
MLS# 167823

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.

Investment Insights

Based on property information with market context.

Built in 1985, this office building contains 21,025 square feet on a 2.51-acre site in Oxford’s medical district. The property is 100% occupied by a mix of medical, professional, and service tenants, providing an established operating profile for an office-focused acquisition. The property is zoned OXFORD - SCO and identified as Lot 1 of the 2889 South Lamar Commercial Subdivision.

Located at 2885 S Lamar Blvd., the property is positioned within Oxford, Mississippi, in the Lafayette County market. The site includes land described as available for future development, adding flexibility to the existing office improvements. The offering reflects an approximately 8% cap rate based on current operations.

Key Highlights

  • 21,025‑square‑foot office building on 2.51 acres
  • 100% occupied by medical, professional, and service tenants
  • Approximately 8% cap rate on current operations

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Building Supply Auto Repair Shop Real Estate Agency Big Box & Wholesale Store Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

393
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Fully occupied office property in Oxford’s medical district with medical, professional, and service tenants.
Where is this office building located?
The property is located at 2885 S 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: 21,025‑square‑foot office building on 2.51 acres; 100% occupied by medical, professional, and service tenants; Approximately 8% cap rate on current operations
More about this property
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