2889 Lamar Blvd Oxford, MS 38655
This exceptional 7,500 square foot commercial property, located in Oxford, MS's desirable South Lamar Boulevard area, presents a unique investment opportunity. The building, constructed in 1970 and extensively renovated in 2023, boasts a Class C rating and features a versatile layout suitable for various uses, including medical offices, traditional office spaces, and even refrigerated/cold storage. Currently, the property is single-tenant occupied, with approximately 3,000 square feet of readily available space. This section includes a commercial kitchen, adding to its adaptability. The building comprises one structure with two stories, offering ample space for expansion or customization. Situated in Lafayette County, this property benefits from excellent visibility and convenient access to major transportation routes. The asking price is $19 per square foot, plus NNN charges. Two-thirds of the building is already leased, demonstrating strong market demand and potential for immediate return on investment. The remaining 3,000 square feet offers a prime chance to secure a well-located, renovated space in a thriving Mississippi community. This flexible space is perfect for a business seeking a blend of modern amenities and established infrastructure.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.