5752 Terry Rd Byram, MS 39272
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.