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    1803 Brightleaf Blvd Smithfield, NC 27577

    Sponsored
    For Sale
    $249,500

    High-traffic lot, development potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This 1.05-acre commercial property located at 1803 S Brightleaf Boulevard in Smithfield, NC, is currently utilized as a car lot. Priced at $249,500, this property presents a significant development opportunity for investors seeking a high-visibility location. The site benefits from substantial traffic flow due to its proximity to Highway 301, a major thoroughfare ensuring high visibility and accessibility. The existing structure is suitable for continued use as a car lot or could be easily repurposed to accommodate a variety of commercial ventures. The property already possesses a special use permit, streamlining the approval process for future development plans. This simplifies the permitting process and reduces potential delays. This prime location offers excellent potential for a wide range of commercial uses, making it an attractive investment for both established businesses and new ventures. The ample space and strategic location make this property an ideal choice for businesses seeking to establish a strong presence in a thriving community. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property's size and location make it a rare find in the Smithfield market. Don't miss this chance to acquire a valuable piece of commercial real estate with significant upside potential.

    Property Features for 1803 Brightleaf Blvd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    45,738 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    United Motors Auto Broker

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Smithfield
    County
    Johnston
    State
    North Carolina
    Longitude
    -78.36045
    Latitude
    35.48787

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic lot, development potential.
    Where is this commercial real estate located?
    The property is located at 1803 Brightleaf Blvd Smithfield, NC.
    What is the asking price?
    The asking price for this property is $249,500.
    (888) 584-9431
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    1803 Brightleaf Blvd 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
    1803 Brightleaf Blvd Smithfield, NC 27577
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