Property profile

1475 W Market St Smithfield, NC 27577

OFF-MARKET
Storefront properties
Property ID
US53-Q003845
1,900 SF Built 1976
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Property summary

AI-generated overview

SELLER FINANCING AVAILABLE. This high-potential commercial property, formerly a longtime home of a well loved Cafe, offers a prime redevelopment opportunity in a rapidly growing corridor. Situated on a 0.617-acre lot, the approximately 1900 SF building is ready for your vision, making it perfect for an investor looking to customize a space. The site boasts exceptional visibility with over 13,500 cars passing daily and is strategically located near major locations like the Johnston Regional Airport (JNX), the new Amazon distribution plant, and Johnston Health Hospital. Key features that set this property apart include extensive parking and unique outdoor entertainment areas consisting of an open patio with a firepit and an enclosed patio featuring a second firepit. Positioned within a high-growth industrial and retail zone, this as-is sale is ideal for those looking to capitalize on Smithfield's economic expansion. 20' Utility Easement on property.

Property profile

Verified
Property type Storefront properties
Year built 1976
Total area 1,900 SF
UPID US53-Q003845

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm
  • Restaurant

Location

1475 W Market St Smithfield, NC 27577
Smithfield metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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