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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5752 Terry Rd Byram, MS 39272

9,520 SF 0.93 ac lot Built 1998
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 9,520 square foot, multi-tenant retail building situated on a 0.93-acre lot in Byram, Mississippi. Built in 1998, the property boasts a strong 10.10% cap rate and a substantial net operating income (NOI) of $70,560, with an asking price of $699,000 ($73.42/sq ft). Currently housing a restaurant and nail salon, both with long-term tenancy (11 and 15 years respectively, occupying 3,248 sq ft), and offering 6,272 sq ft of readily leasable space. The property benefits from a high-traffic location, with over 10,000 vehicles per day (VPD) on Terry Road and over 22,000 VPD on Siwell Road, and is situated near a corporate-owned Dollar General. The average household income within a three-mile radius exceeds $82,000 annually. The property is being sold "as-is," and tenants have a 30-day lease cancellation clause upon sale. This presents a compelling opportunity for investors seeking a stable, high-performing retail asset in a desirable location. The building is a single-story structure. This is a net lease investment. The property is located at 5752 Terry Rd, Byram, MS 39272.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1998
Total area 9,520 SF
Lot 0.93 ac (40,511 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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