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Multi-Tenant Office Building
For Sale
$4,100,000

2885 S Lamar Blvd., Oxford, MS 38655

COMMERCIAL - OXFORD, MS

Property Size21,025 SF
Lot Size2.51 Acres
Price / SF$195.01
Days on Market50

Property Features for 2885 S Lamar Blvd.

General Information

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

Building Details

Year built 1985
Listing Agency: Cannon Cleary McGraw
Listed By: Joel Reeves
Added: Jun 19 Changed: Aug 4 Last Checked: Aug 7 at 4:06AM
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.

Located at 2885 S Lamar Blvd. in Oxford, Mississippi, this office property contains 21,025 square feet of building area on a 2.51-acre parcel. Constructed in 1985, the asset is zoned OXFORD - SCO and accommodates a mix of medical, professional, and service occupants. The property is 100% occupied and generates a current 8% cap rate based on the stated operating income.

The site is positioned within Oxford’s medical district and includes land identified for future development. Its existing office improvements, full occupancy, and established tenant mix provide a defined commercial configuration for evaluation by office property buyers.

Key Highlights

  • 21,025 square feet of office building area on 2.51 acres
  • 100% occupied by medical, professional, and service tenants
  • Current 8% cap rate based on stated operating income

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Real Estate Agency Restaurant Kitchen & Bath Showroom

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

115
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

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Fully occupied office asset with medical, professional, and service tenancy, plus additional land identified for future development.
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 feet of office building area on 2.51 acres; 100% occupied by medical, professional, and service tenants; Current 8% cap rate based on stated operating income
More about this property
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