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    Us 301 Hwy Smithfield, NC 27577

    Sponsored
    For Sale
    $249,500

    Two Acres, Hwy 301 Frontage, Zoned Commercial

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 2-acre commercial parcel presents a unique investment opportunity in the thriving Smithfield, NC market. Strategically located directly adjacent to an established car lot on busy US Highway 301, this property boasts high visibility and excellent access for a wide range of commercial ventures. The land is zoned commercial, allowing for diverse development possibilities, making it ideal for businesses seeking a prominent location with significant traffic flow. The existing car lot provides a built-in customer base and demonstrates the area's suitability for retail or automotive-related businesses. However, the zoning allows for a variety of uses, opening doors to innovative and entrepreneurial endeavors. This prime location offers unparalleled potential for growth and return on investment. The property's size and highway frontage provide ample space for development, allowing for flexibility in design and construction. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land offering. The property's location on a major highway ensures high visibility and accessibility, making it an attractive option for businesses seeking maximum exposure. This is a rare opportunity to acquire a significant commercial parcel in a rapidly growing area. Don't miss out on this chance to secure a prime piece of Smithfield real estate.

    Property Features for Us 301 Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    87,120 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Smithfield
    County
    Johnston
    State
    North Carolina
    Longitude
    -78.3456
    Latitude
    35.5107

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    FAQs

    What type of property is this?
    Commercial real estate - Two Acres, Hwy 301 Frontage, Zoned Commercial
    Where is this commercial real estate located?
    The property is located at Us 301 Hwy Smithfield, NC.
    What is the asking price?
    The asking price for this property is $249,500.
    (888) 584-9431
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    Us 301 Hwy Smithfield, NC 27577
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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
    Us 301 Hwy Smithfield, NC 27577
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