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Freestanding Retail Space
For Sale
$1,950,000

230 N Equity Drive, Smithfield, NC 27577

COMMERCIAL - Smithfield, NC

Property Size15,616 SF
Lot Size2.42 Acres
Price / SF$124.87
Days on Market95

Property Features for 230 N Equity Drive

General Information

Property type Commercial Sale
Property subtype Retail
Zoning COM
Standard status Active
APN 15008045C
Size 15,616 SF
Lot size 2.42 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description Lot 6 Stuart Simon Properties 95/23
Tax Annual Amount 1698
Legal Description Lot 6 Stuart Simon Properties 95/23

Building Details

Year built 1994
Floors in Building 1
Building materials Block, Concrete
Roof type Tar/Gravel
Listing Agency: Century 21 Triangle Group · Century 21 Real Estate
Listed By: Michelle Waite · License #357092
Added: May 13 Changed: Aug 4 Last Checked: Aug 15 at 7:06AM
MLS# 10166914

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The freestanding retail property at 230 N Equity Drive includes a 15,616-square-foot building on 2.42 acres. Improvements include block and concrete construction, a tar-and-gravel roof, a circle drive, 71 parking spaces, and one roll-up door. The building was constructed in 1994 and previously served the Johnston County Board of Education.

The property sits adjacent to Carolina Premium Outlets and Smithfield Cinemas along US-301 in Smithfield. Interstate 95 is accessible at Exit 95, while the surrounding commercial corridor includes multiple hotels and restaurants, including Cracker Barrel, Golden Corral, Panera Bread, and Old North State Food Hall.

The interior provides a substantial commercial footprint for repositioning or redevelopment within the existing structure. Its configuration and access support consideration for retail, showroom, office, conference, medical, government, or studio applications identified in the property information.

Key Highlights

  • 15,616‑square‑foot building situated on 2.42 acres
  • Adjacent to Carolina Premium Outlets and Smithfield Cinemas on US‑301
  • Immediate I‑95 access at Exit 95

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency HVAC Service Storage Facility Kitchen & Bath Showroom Law Firm Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

537
Businesses Nearby

Demographics for 27577, NC

24,972
Population
10,744
Households
2.3
Avg Household Size
40
Median Age
21%
College-Educated
82%
High-School Grad
103.7 sq mi
ZIP Area
241
Density / Sq Mi
$56,237
Median Household Income
$39,604
Median Earnings
$802
Median Rent
$230,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Freestanding commercial building with substantial interior area, on-site parking, and proximity to retail and cinema anchors.
Where is this retail space located?
The property is located at 230 N Equity Drive Smithfield, NC.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 15,616‑square‑foot building situated on 2.42 acres; Adjacent to Carolina Premium Outlets and Smithfield Cinemas on US‑301; Immediate I‑95 access at Exit 95
More about this property
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