2889 S Lamar Blvd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
2889 S Lamar Blvd
27,190 SF 76% Leased Light Industrial Building Oxford, MS 38655 £3,990,495 (£147/SF) 6.89% Net Initial Yield
Investment Highlights
- Development Opportunity
- Ample Parking
- Flexible Zoning
- Direct Access to South Lamar Blvd.
Executive Summary
This prime commercial property in Oxford, MS, offers an exceptional investment opportunity. Located just 2 miles from Oxford Square and the University of Mississippi, it boasts 3.77 acres with 27,190 square feet of building space. Approximately 80% of the property is leased, providing immediate cash flow. The recent remodel ensures modern facilities, enhancing its appeal. With high density zoning, the property supports a variety of uses, including multi-family, attached single-family, commercial, and office spaces. Its direct access to South Lamar Blvd offers excellent visibility and accessibility. The existing leases generate steady income, allowing for redevelopment of the remaining space. This property’s strategic location near downtown and the university, combined with its development potential, makes it a valuable asset. Contact Joel at 601-942-0132 today to explore this remarkable opportunity.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Miscellaneous
Financial Summary (Actual - 2023) 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 |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) 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 | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
1 of 1
PROPERTY TAXES
| Parcel Number | 182D-04-001.00 | Total Assessment | £157,781 |
| Land Assessment | £0 | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £0 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
182D-04-001.00
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£157,781
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023
zoning
| Zoning Code | SCO (Commercial Office structures Mixed-Use Structures with Residential on Upper Floors Multi-family Residential Attached Single Family) |
| SCO (Commercial Office structures Mixed-Use Structures with Residential on Upper Floors Multi-family Residential Attached Single Family) |
1 of 44
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
2889 S Lamar Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.