Log In/Sign Up
Your email has been sent.
High-Yield Oxford Investment | $330K NOI | 8% 2885-2889 South Lamar Blvd. 21,025 SF 100% Leased Retail Building Oxford, MS 38655 $4,100,000 ($195.01/SF) 8.05% Cap Rate
Investment Highlights
- Medical District
- Credit Tenants
- 100% Occupied
Executive Summary
?100% Occupied: The property is fully leased to a strong mix of tenants including Magnolia Veterinary Hospital, Casa of North Mississippi, Focus Health, Elizabeth Heiskel Catering, and Lafayette Pediatric Extended Care, LLC — providing a buyer with stable, diversified income from day one.
?Value-Add Upside: The 2.51-acre site offers meaningful excess land for future development, giving investors the opportunity to increase density or add complementary commercial, office, or multifamily uses — all permitted under the existing SCO zoning.
?Favorable Zoning: Zoned Suburban Corridor (SCO), the site permits a wide array of uses including commercial, office structures, and multifamily residential development — providing maximum flexibility for a future development phase.
?Turnkey Condition: The current buildings have been recently remodeled and the property features ample parking for tenants and clientele.
?Value-Add Upside: The 2.51-acre site offers meaningful excess land for future development, giving investors the opportunity to increase density or add complementary commercial, office, or multifamily uses — all permitted under the existing SCO zoning.
?Favorable Zoning: Zoned Suburban Corridor (SCO), the site permits a wide array of uses including commercial, office structures, and multifamily residential development — providing maximum flexibility for a future development phase.
?Turnkey Condition: The current buildings have been recently remodeled and the property features ample parking for tenants and clientele.
Data Room Click Here to Access
- Operating and Financials
- Miscellaneous
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
21,025 SF
Building Class
C
Year Built/Renovated
1991/2022
Price
$4,100,000
Price Per SF
$195.01
Cap Rate
8.05%
NOI
$330,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
2.57 AC
Zoning
SCO - Suburban Corridor
Parking
60 Spaces (2.53 Spaces per 1,000 SF Leased)
Frontage
308’ on South Lamar Boulevard
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 182D-04-001.00 | Improvements Assessment | $0 (2025) |
| Land Assessment | $0 (2025) | Total Assessment | $221,586 (2025) |
Property Taxes
Parcel Number
182D-04-001.00
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$221,586 (2025)
1 of 42
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
High-Yield Oxford Investment | $330K NOI | 8% | 2885-2889 South Lamar Blvd.