Industrial Warehouse Buildings with Roll-Up
2850 S Brightleaf Blvd Smithfield, NC 27577
2850 S Brightleaf Blvd, Smithfield, NC, 27577
$575,000
For Sale
$575,000
Two metal warehouse buildings on one parcel total 8,160 SF, each with multiple roll-up doors for loading and storage.
Property Size8,160 SF
Lot Size1.41 Acres
Price / SF$70.47
Days on Market44
Property Features for 2850 S Brightleaf Blvd
General Information
- Standard status
- Active
- Size
- 8,160 SF
- Lot size
- 1.41 Acres
Listing agency
Harris Realty & Land, LLC
(919) 795-5349
Listed by
Alice Harris · License #294688
(919) 795-5349
Source
Exprealty
Added: Jun 8 Updated: Jul 21 at 10:13AM Checked: Jul 21 at 10:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Harris Realty & Land, LLC
Investment Insights
Based on property information with market context.
The property includes two metal commercial warehouse buildings on a single parcel, providing a total of 8,160 square feet. Building one is approximately 3,360 square feet and building two is approximately 4,800 square feet. Both buildings feature multiple roll-up doors, supporting warehouse-style use and straightforward loading and access.
The site totals approximately 1.41 acres and includes a shared layout with room for parking, maneuvering, and outdoor storage. The property is zoned B-3 and is located on US 301 Highway in Smithfield, offering visibility and easy access to major transportation routes.
Please note the property is located in the 500-year flood zone.
The site totals approximately 1.41 acres and includes a shared layout with room for parking, maneuvering, and outdoor storage. The property is zoned B-3 and is located on US 301 Highway in Smithfield, offering visibility and easy access to major transportation routes.
Please note the property is located in the 500-year flood zone.
Key Highlights
- Two metal commercial warehouse buildings on one parcel totaling approx. 8,160 SF (approx. 3,360 SF and 4,800 SF).
- Multiple roll‑up doors in both buildings, ideal for loading, warehouse operations, equipment storage, or contractor space.
- Approx. 1.41‑acre site with space for parking, maneuvering, and outdoor storage.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $73.4k | $9.00 |
| − Vacancy | −$5.1k | −$0.63 |
| EGI | $68.3k | $8.37 |
| − OpEx | −$20.5k | −$2.51 |
| NOI | $47.8k | $5.86 |
8,160 SF · lease $9.00/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$957.3K
$837.6K – $1.12M
NOI $67,010 @ 7.0% cap · market cap 11.65%
Second Best
Industrial
$683.0K
$597.6K – $796.8K
NOI $47,809 @ 7.0% cap · market cap 8.31%
Theoretical Best
Office A
$2.47M
$2.16M – $2.88M
NOI $172,801 @ 7.0% cap · market cap 30.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Brightleaf Welding & Machine ...
Industrial Manufacturer
Similar For Sale Nearby
Similar Off Market Nearby
- Swift Creek Storage - South — 1689 S Brightleaf Blvd, Smithfield, NC 27577
FAQs
What type of property is this?
Warehouse - Two metal warehouse buildings on one parcel total 8,160 SF, each with multiple roll-up doors for loading and storage.
Where is this warehouse located?
The property is located at 2850 S Brightleaf Blvd Smithfield, NC.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Two metal commercial warehouse buildings on one parcel totaling approx. 8,160 SF (approx. 3,360 SF and 4,800 SF).; Multiple roll‑up doors in both buildings, ideal for loading, warehouse operations, equipment storage, or contractor space.; Approx. 1.41‑acre site with space for parking, maneuvering, and outdoor storage.
