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About This Home
This 0-bedroom, 0-bathroom commercial at 2885 S Lamar Blvd. in Oxford, MS is listed for $4,100,000 ($195 per sqft). Built in 1985, the home offers 21,025 sqft of living space on a 2.51 acres lot.
Cannon Cleary McGraw is proud to offer an exceptional investment opportunity located in the heart of the Oxford, MS medical district.? Offered at an asking price of $4,100,000, this asset features an approximately 8% cap rate on current NOI of $330,000.?
The property consists of 21,025 square feet of building space situated on 2.51 acres - Lot 1 of the 2889 South Lamar Commercial Subdivision.? The property is 100% occupied by a diverse mix of medical, professional, and service tenants, generating immediate and stable cash flow with significant land available for future development.?
Key Features
- Built in 1985
- 2.51 acre lot
Property Details
Monthly Cost Estimate
$21,928/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2885 S Lamar Blvd.
Oxford, MS 38655
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 2885 S Lamar Blvd. is listed at $4,100,000 ($195/sqft). The estimated monthly payment is $17,767 based on 20% down at 6.5% interest.
Key features include: Built in 1985, 2.51 acre lot.
This property is listed by Joel Reeves and can be reached at 6019420132 or joel@mrconstructionoxford.com.