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    1350 Whitley Farm Rd Smithfield, NC 27577

    Sponsored
    For Sale
    $3,000,000

    25 acres, ideal for development. High visibility location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 25-acre commercial and industrial land parcel presents a unique investment opportunity. Strategically located on the Brogden exit of Interstate 95 in Smithfield, North Carolina, this property boasts unparalleled visibility and accessibility. The asking price is $3,000,000, translating to $120,000 per acre. Situated at 1350 Whitley Farm Road, Smithfield, NC 27577, within Johnston County, this expansive lot offers significant potential for a variety of development projects. Its prime location near I-95 makes it highly attractive for businesses seeking high traffic exposure. The property's size and zoning make it suitable for a range of uses, including hotels, gas stations, industrial facilities, and flex storage spaces. The land is owned by an LLC and offers a broker co-op opportunity. This is a rare chance to acquire a substantial tract of land in a rapidly growing area with excellent access to major transportation arteries. Don't miss this opportunity to secure a prime location for your next venture. Contact us today to learn more about this exceptional property and its development potential.

    Property Features for 1350 Whitley Farm Rd

    General Information

    Property type
    Land
    Lot Size
    1,089,000 SF

    HighLights

    • 25‑acre commercial and industrial land parcel in Smithfield, NC.
    • $3,000,000 asking price ($120,000/acre).
    • Prime I‑95 (Brogden exit) location at 1350 Whitley Farm Road, Smithfield, NC 27577.
    • High visibility and accessibility; suitable for hotels, gas stations, industrial facilities, and flex storage.
    • Broker co‑op opportunity; owned by an LLC.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Hair Salon Wholesale Shop Auto Repair Shop Clothing Store Auto Parts Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Smithfield
    County
    Johnston
    State
    North Carolina
    Longitude
    -78.348217005842
    Latitude
    35.489881673465

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    FAQs

    What type of property is this?
    Land - 25 acres, ideal for development. High visibility location.
    Where is this land located?
    The property is located at 1350 Whitley Farm Rd Smithfield, NC.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: 25-acre commercial and industrial land parcel in Smithfield, NC.; $3,000,000 asking price ($120,000/acre).; Prime I-95 (Brogden exit) location at 1350 Whitley Farm Road, Smithfield, NC 27577.
    Request Owner's contact information
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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
    1350 Whitley Farm Rd Smithfield, NC 27577
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