3903 S Lamar Blvd Oxford, MS 38655
For Sale
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This exceptional retail investment opportunity encompasses a 19,325-square-foot storefront property situated on a generous 5-acre lot in Oxford, Mississippi. The property, located at 3903 S Lamar Blvd, boasts a prime location just over three miles south of Oxford Square, providing convenient access to Highway 7 and significant visibility to high volumes of traffic. Built in 1998, the property consists of two single-story buildings and offers ample parking with 40 spaces. Currently zoned as Traditional Neighborhood Business (TNB), this versatile property presents a multitude of possibilities for retail development or expansion. The asking price is $3,150,000, translating to $163 per square foot. The property's substantial size and strategic location make it an attractive investment prospect with significant potential for future growth and return. Further details are available upon request. This is a rare opportunity to acquire a well-established retail property in a thriving Mississippi market. The property is currently occupied.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
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.