Cannon Cleary McGraw proudly presents an unmatched investment opportunity at 2885 - 2891 South Lamar Blvd in the bustling heart of Oxford, MS. With frontage access to the popular S. Lamar Blvd, this 3.77-acre site features 27,190 sq ft of renovated building space, with 80% currently leased and ample room for further development. Situated in the sought-after Oxford medical district, the property is conveniently located just 2 miles from the vibrant Oxford Square. Zoned for multiple uses under Suburban Corridor regulations, including potential for multifamily developments, this offering provides a high 6.5% cap on current Net Operating Income. With strong tenant leases in place and a strategic location within a rapidly growing community that is ranked top in economic strength, don't miss the chance to seize this prime real estate opportunity.
Prime Commercial Property in Oxford, MS
**Location:** 2 miles from Oxford Square and the University of Mississippi.
**Details:**
- **Area:** 3.77 acres
- **Building Space:** 27,190 sq. ft.
- **Occupancy:** 80% leased
- **Recent Remodel**
**Zoning:** High density, suitable for multi-family, single-family, commercial, and office uses.
**Accessibility:** Direct access to South Lamar Blvd.
**Investment Highlights:**
- **Immediate Cash Flow:** Current leases provide steady income.
- **Strategic Location:** Close to downtown and the university.
- **Development Potential:** Ample space for future projects.