950 W Market St, Smithfield, NC 27577

Building Details

Year Built

1978

Spaces For Lease

at 950 W Market St Contact us

Listing office j***@partnerscrnc.com Show Phone

Listing date Jun 24, 2026

Source Partnerscrnc

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All listing content including descriptions, pricing, images are the copyrighted material of Jim Perricone

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Overview

This former K-Mart big-box retail building has been cleared down to a slab floor, with exterior walls and the roof deck left in place. A new roof has been installed, and the wet fire suppression system remains in place. The property is positioned as a blank canvas for repurposing, and the landlord is open to property modifications and lease terms to accommodate qualified, creditworthy tenants.

The asset is in West Smithfield and is approximately 2 miles east of the location for a recently announced 620,000 square foot, $100 million Amazon distribution facility launching in 2022. It is also about 2.5 miles from the East River Master Planned community under development, which includes 293 residential units. For highway access, the property is listed as roughly 2.5 miles from I-95 and about 4 miles from a future I-42 (US 70 Bypass).

The cleared interior and maintained fire suppression support a range of redevelopment and conversion concepts that can be tailored through landlord-approved modifications. An additional 22,940 square feet is available in an adjacent property, and the listing notes Duke Energy power service.

Suggested Use

Real Estate Agency Restaurant Law Firm Dental Office Hair Salon Building Supply Auto Repair Shop Gym & Fitness Center Big Box & Wholesale Store Accounting Firm

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

Location Insight

• Map
• Local Demand

City

Smithfield

County

Johnston

State

North Carolina

Longitude

-78.35918

Latitude

35.52234

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FAQs

What type of property is this?

Retail space - Former K-Mart offers a slab-down interior and new roof, with wet fire suppression in place for flexible redevelopment.

Where is this retail space located?

The property is located at 950 W Market St Smithfield, NC.

What are key features of this property?

This property features: Former K‑Mart built in 1978, with interior taken down to slab floor for flexible redevelopment; New roof installed; wet fire suppression system remains in place; Located about 2 miles east on US 70 Business of the planned 620,000 SF Amazon distribution facility (launching in 2022)