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    Market St Smithfield, NC 27577

    Sponsored
    For Sale
    $350,000

    High-traffic corner lot, ideal retail.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.04-acre commercial lot presents a unique investment opportunity in Smithfield, North Carolina. Located on West Market Street, this property boasts a prime location less than half a mile from I-95's Exit 95 and US 70 Bus Hwy, ensuring high visibility and accessibility for businesses. Its strategic placement directly across from Johnston Community College guarantees a consistent flow of potential customers. The lot is zoned B-3, allowing for a wide range of commercial and retail uses. This corner property offers approximately 172 feet of road frontage, maximizing exposure. Further enhancing its appeal, the lot is the last of three available tracts and is equipped with readily available water and sewer connections, simplifying development. The asking price is $350,000. This is a rare chance to acquire a highly desirable commercial property in a thriving area with excellent infrastructure and high traffic volume. Don't miss this opportunity to establish your business in a prime location.

    Property Features for 0 Market St

    General Information

    Property type
    Land
    Lot Size
    45,302 SF

    HighLights

    • Last available tract of three.
    • 172 feet of road frontage.
    • Corner lot.
    • Water and sewer available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Smithfield
    County
    Johnston
    State
    North Carolina
    Longitude
    -78.3609702
    Latitude
    35.5242216

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, ideal retail.
    Where is this land located?
    The property is located at Market St Smithfield, NC.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Last available tract of three.; 172 feet of road frontage.; Corner lot.
    (919) 585-5327
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    Market St 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
    Market St Smithfield, NC 27577
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