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    109 Brightleaf Blvd Smithfield, NC 27577

    Sponsored
    For Sale
    $179,000

    High-traffic location, established tenant.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional business opportunity is situated on a 0.35-acre lot at the highly visible intersection of Hwy 70 Business and Hwy 301 in the heart of downtown Smithfield, NC. The property's prime location ensures significant exposure to a large volume of daily traffic, making it an ideal investment for a variety of commercial ventures. Currently, a restaurant is operating under a lease agreement, providing a stable income stream for the new owner. The property's address is 109 S Bright Leaf Boulevard. The building itself is available for sale at $179,000. This presents a unique chance to acquire a well-positioned commercial property in a thriving downtown area. The high visibility and established tenancy make this an attractive proposition for investors seeking a strong return on investment. Further details regarding the lease agreement and building specifications are available upon request. Don't miss this opportunity to own a piece of Smithfield's vibrant commercial landscape. Serious inquiries only.

    Property Features for 109 Brightleaf Blvd

    General Information

    Property type
    Investment properties
    Lot Size
    15,246 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Smithfield
    County
    Johnston
    State
    North Carolina
    Longitude
    -78.33963
    Latitude
    35.5077

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Investment property - High-traffic location, established tenant.
    Where is this investment property located?
    The property is located at 109 Brightleaf Blvd Smithfield, NC.
    What is the asking price?
    The asking price for this property is $179,000.
    (919) 934-0118
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    109 Brightleaf Blvd Smithfield, NC 27577
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    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
    109 Brightleaf Blvd Smithfield, NC 27577
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