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    5820 Terry Rd Byram, MS 39272

    For Sale
    $1,490,000

    Walmart-adjacent, high-traffic location. Excellent investment opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 3.42-acre commercial land parcel presents a rare opportunity for investors and developers seeking a high-visibility location in Byram, Mississippi. Situated directly across from a Walmart Supercenter on Terry Road, this property benefits from the substantial foot and vehicle traffic generated by this major retailer. The strategic placement at a stoplight ensures maximum exposure to the exiting Walmart traffic, providing unparalleled visibility for any commercial venture. This location offers all the advantages of an outparcel site with significantly fewer restrictive covenants, allowing for greater flexibility in development plans. The property's address is 5820 Terry Rd, Byram, MS 39272, within Hinds County. The asking price for this prime retail land is $1,490,000. Given its location in a high-traffic area of Byram, this property represents a compelling investment opportunity with significant potential for substantial returns. The property's size and location make it ideal for a variety of commercial uses, offering a unique chance to establish a thriving business in a well-established and rapidly growing community. This is a truly exceptional opportunity to capitalize on the significant traffic flow and visibility offered by this prime location.

    Property Features for 5820 Terry Rd

    General Information

    Property type
    Land
    Lot Size
    148,975 SF

    HighLights

    • $1,490,000 asking price.
    • 3.42‑acre retail land parcel.
    • Located at 5820 Terry Rd, Byram, MS 39272.
    • High‑traffic location directly across from a Walmart in Byram, MS.
    • Excellent visibility due to Walmart's exiting traffic.
    • Offers outparcel benefits with fewer restrictions.
    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
    Byram
    County
    Hinds
    State
    Mississippi
    Longitude
    -90.2623112
    Latitude
    32.1838233

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    FAQs

    What type of property is this?
    Land - Walmart-adjacent, high-traffic location. Excellent investment opportunity.
    Where is this land located?
    The property is located at 5820 Terry Rd Byram, MS.
    What is the asking price?
    The asking price for this property is $1,490,000.
    What are key features of this property?
    This property features: $1,490,000 asking price.; 3.42-acre retail land parcel.; Located at 5820 Terry Rd, Byram, MS 39272.
    Request Owner's contact information
    5820 Terry Rd Byram, 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
    5820 Terry Rd Byram, MS 39272
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