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Retail Building with Roll-Up Door
For Sale
$1,950,000

230 N Equity Drive, Smithfield, NC 27577

Commercial Sale, Smithfield, NC

Property Size15,616 SF
Lot Size2.42 Acres
Price / SF$124.87
Days on Market142

Property Features for 230 N Equity Drive

General Information

Property type Commercial Sale
Property subtype Retail
Zoning COM
Standard status Active
APN 15008045C
Size 15,616 SF
Lot size 2.42 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description Lot 6 Stuart Simon Properties 95/23
Tax Annual Amount 1698
Legal Description Lot 6 Stuart Simon Properties 95/23

Amenities

circle drive
roll-up door

Building Details

Year built 1994
Floors in Building 1
Building materials Block, Concrete
Roof type Tar/Gravel
Listing Agency: Century 21 Triangle Group · Century 21 Real Estate
Listed By: Michelle Waite · License #357092
Added: May 13 Changed: Aug 19 Last Checked: Oct 1 at 2:06PM
MLS# 10166914

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The property includes a 15,616-square-foot commercial building on 2.42 acres, with a largely open interior that can accommodate a range of build-out plans. The former Johnston County Board of Education facility includes a roll-up door, circle drive, and 71 parking spaces. Block and concrete construction, a tar/gravel roof, and a 1994 construction date further define the existing improvements.

Positioned along US-301 beside Carolina Premium Outlets and Smithfield Cinemas, the property offers access to I-95 at Exit 95. The surrounding commercial area includes more than 10 national-brand hotels and a restaurant corridor featuring Cracker Barrel, Golden Corral, Panera Bread, and Old North State Food Hall. Potential applications identified for the space include specialty retail, showroom, event or conference use, medical or professional office, government, and creative studio functions.

Key Highlights

  • 15,616‑square‑foot building on 2.42 acres
  • 71 parking spaces, calculated at 4.5/1,000 SF
  • Adjacent to Carolina Premium Outlets and Smithfield Cinemas

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency HVAC Service Storage Facility Kitchen & Bath Showroom Law Firm Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

470
Businesses Nearby

Demographics for 27577, NC

24,972
Population
10,744
Households
2.3
Avg Household Size
40
Median Age
21%
College-Educated
82%
High-School Grad
103.7 sq mi
ZIP Area
241
Density / Sq Mi
$56,237
Median Household Income
$39,604
Median Earnings
$802
Median Rent
$230,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Open interior configuration supports specialty retail, showroom, office, medical, event, and conference applications.
Where is this retail space located?
The property is located at 230 N Equity Drive Smithfield, NC.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 15,616‑square‑foot building on 2.42 acres; 71 parking spaces, calculated at 4.5/1,000 SF; Adjacent to Carolina Premium Outlets and Smithfield Cinemas
More about this property
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