Brick Retail
925 N Brightleaf Boulevard, Smithfield, NC 27577
For Sale
$699,000
Commercial Sale, Smithfield, NC
Property Size1,836 SF
Lot Size0.35 Acres
Price / SF$380.72
Days on Market213
Property Features for 925 N Brightleaf Boulevard
General Information
Property type
Property subtype
Zoning
Accessibility
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Building Details
Year built
Floors in Building
Flooring type
Building materials
Listing Agency:
ESP Realty
(919) 205-3388
Listed By:
Theresa Lobdell
(919) 606-9943
Added: Apr 13
Changed: Oct 8
Last Checked: Nov 11 at 1:06PM
MLS# 10159612
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.
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Investment Insights
Based on property information with market context.
This retail property at 925 N Brightleaf Boulevard includes 1,836 square feet on a 0.35-acre parcel. The 1984 building features brick construction, tile flooring, and an accessible approach with ramp. Its configuration supports a range of commercial retail applications.
The property is positioned near Carolina Premium Outlets and less than one mile from I-95, placing it within reach of established retail activity and regional highway connections. Smithfield is identified as the postal city, with the asset located in Johnston County, North Carolina.
The property is positioned near Carolina Premium Outlets and less than one mile from I-95, placing it within reach of established retail activity and regional highway connections. Smithfield is identified as the postal city, with the asset located in Johnston County, North Carolina.
Key Highlights
- 1,836‑square‑foot retail property on 0.35 acres
- 925 N Brightleaf Boulevard address in Smithfield, NC 27577
- Less than one mile from I‑95
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,540
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$450,800
$450.8K
Cap Rate 7%
$322,000
$322.0K
Cap Rate 9%
$250,444
$250.4K
Market Conditions
NOI Build-Up for 1,836 SF
Gross rent
$34.8K $18.96/SF
− Vacancy
−$2.6K −$1.42/SF
EGI
$32.2K $17.54/SF
− OpEx
−$9.7K −$5.26/SF
NOI
$22.5K $12.28/SF
Area
Johnston County, NC
Vacancy
7.50%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$450,800
Cap Rate 7%
$322,000
Cap Rate 9%
$250,444
Alternative Uses
Best Use
Retail
$322.0K
$281.8K – $375.7K
NOI $22,540 @ 7.0% cap · market cap 3.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$555.4K
$486.0K – $648.0K
NOI $38,880 @ 7.0% cap · market cap 5.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
800
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Commercial property near Carolina Premium Outlets with accessible ramp entry.
Where is this retail space located?
The property is located at 925 N Brightleaf Boulevard Smithfield, NC.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 1,836‑square‑foot retail property on 0.35 acres; 925 N Brightleaf Boulevard address in Smithfield, NC 27577; Less than one mile from I‑95
