2861 Terry Rd, Jackson, MS, 39212
About This Home
An unbeatable value in commercial real estate. This expansive 50,000+ sq ft building, currently operating as Food Depot, is coming on the market for just $500,000—that's approximately $10 per sq ft, a rare price point for a property of this size and location. Positioned prominently at the high-visibility corner of McDowell Rd and Terry Rd in Jackson, MS, this site offers exceptional traffic exposure and immediate access for customers. Whether you're an investor, developer, or business owner, this property delivers versatility, scale, and affordability. It has ample parking suitable for high-volume operations. Existing infrastructure: refrigeration, shelving, storage, and loading areas. It is ideal for grocery, wholesale, retail, distribution, or redevelopment. It is surrounded by dense residential neighborhoods and established commercial activity. With its exceptional price, strong location, and ready-to-operate layout, this property stands out as one of the best commercial opportunities currently available in the Jackson area. Opportunities of this scale, condition, and value rarely hit the market—don't miss your chance.
Getting Around
Somewhat Walkable
Minimal Transit
Somewhat BikeableSchools
Construction
Type & Style
- Home type: SingleFamily
- Property subType: Other
Property
Lot
- Lot size: 5 Acres
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Heat Wave
- Inland Flooding
- Strong Wind
- Tornado
- Cold Wave
- Ice Storm
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Hinds County and Mississippi
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,528 | $30,336 |
| Home Insurance * | $1,329 | $15,948 |
| Property Taxes | $300 | $3,600 |
| Electricity | $192 | $2,304 |
| Total | $4,349 | $52,188 |
Income You'd Need if You Spent...
Mississippi FAIR Plan Programs
Mississippi Residential Property Insurance Underwriting Association
WildfireHailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-12-01 | Listed for sale | $500,000 |
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