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    Smithfield Rd Knightdale, NC 27545

    Sponsored
    For Sale
    $1,400,000

    Prime Knightdale land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6.48-acre commercial land parcel presents a remarkable investment opportunity in the thriving Knightdale, North Carolina market. Located at 0 S. Smithfield Road, this property boasts 303 feet of frontage, providing excellent visibility and accessibility. The land is currently zoned RT (Rural Transition), but its future land use designation is Neighborhood Mixed-use District and/or Mixed-use Center, opening doors to a wide range of development possibilities. While approximately two acres are subject to a City of Raleigh sewer easement and a 50-foot Neuse riparian buffer, the remaining acreage offers significant potential. This prime location in Wake County, zip code 27545, is strategically positioned for success. Considered development ideas include office space, office condominium developments, mixed-use projects, medical facilities, retail establishments, or multi-tenant retail/medical complexes. The asking price for this exceptional property is $1,400,000. Don't miss this chance to acquire a substantial tract of land with immense development potential in a rapidly growing area. The property's coordinates are 35.762502 latitude and -78.4557462 longitude.

    Property Features for 0 Smithfield Rd

    General Information

    Property type
    Land
    Lot Size
    282,269 SF

    HighLights

    • 6.48‑acre commercial land parcel in Knightdale, NC.
    • 303 feet of frontage on S. Smithfield Road.
    • Approximately 2 acres subject to easements (City of Raleigh sewer and 50‑foot Neuse riparian buffer).
    • Future land use designation: Neighborhood Mixed‑use District and/or Mixed‑use Center.
    • Currently zoned RT (Rural Transition).
    • Development potential includes office, medical, retail, and mixed‑use projects.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Knightdale
    County
    Wake
    State
    North Carolina
    Longitude
    -78.4557462
    Latitude
    35.762502

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    FAQs

    What type of property is this?
    Land - Prime Knightdale land, ideal for development.
    Where is this land located?
    The property is located at Smithfield Rd Knightdale, NC.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: 6.48-acre commercial land parcel in Knightdale, NC.; 303 feet of frontage on S. Smithfield Road.; Approximately 2 acres subject to easements (City of Raleigh sewer and 50-foot Neuse riparian buffer).
    (919) 868-0016
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    Smithfield Rd Knightdale, NC 27545
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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
    Smithfield Rd Knightdale, NC 27545
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