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    5812 Terry Rd Jackson, MS 39272

    Sponsored
    For Sale
    $655,000

    High-traffic commercial lot near Walmart.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.97-acre commercial land parcel in Byram, Mississippi, presents a remarkable investment opportunity. Located at 5812 Terry Road, this C-3 General Commercial zoned property boasts a prime location directly across from a Walmart Supercenter, ensuring high visibility and substantial foot traffic. The asking price is $655,000, translating to a land value of $15.48 per square foot. A significant advantage is the newly constructed (2022) access point to Terry Road via a traffic signal/entrance drive at the northern end of the property. This enhances accessibility and visibility for potential businesses. Furthermore, the property benefits from its proximity to a thriving commercial area, with three new restaurants having opened in neighboring developments in 2023. This indicates a robust and growing commercial sector, making this land particularly attractive for a variety of commercial ventures. The property's size and zoning make it ideal for various uses, particularly quick-service restaurants (QSRs), such as a chicken restaurant, given its proximity to a major retailer and high-traffic area. This is a rare opportunity to acquire a well-situated commercial lot in a rapidly developing area with excellent access and visibility. The property is situated in Hinds County, Mississippi, with a zip code of 39272.

    Property Features for 5812 Terry Rd

    General Information

    Property type
    Land
    Lot Size
    42,253 SF

    HighLights

    • 0.97‑acre commercial land parcel in Byram, MS, priced at $655,000 ($15.48/SF).
    • C‑3 General Commercial zoning, located across from a Walmart Supercenter on Terry Road.
    • High visibility and substantial foot traffic due to prime location and new (2022) traffic signal/entrance drive.
    • Proximity to a thriving commercial area with recent new restaurant openings.
    • Ideal for QSRs and other commercial uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Hinds
    State
    Mississippi
    Longitude
    -90.261944
    Latitude
    32.184308

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    FAQs

    What type of property is this?
    Land - High-traffic commercial lot near Walmart.
    Where is this land located?
    The property is located at 5812 Terry Rd Jackson, MS.
    What is the asking price?
    The asking price for this property is $655,000.
    What are key features of this property?
    This property features: 0.97-acre commercial land parcel in Byram, MS, priced at $655,000 ($15.48/SF).; C-3 General Commercial zoning, located across from a Walmart Supercenter on Terry Road.; High visibility and substantial foot traffic due to prime location and new (2022) traffic signal/entrance drive.
    Request Owner's contact information
    5812 Terry Rd Jackson, MS 39272
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    Jackson, MS 39272
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5812 Terry Rd Jackson, MS 39272
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