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Property profile & analytics

136 3rd St Smithfield, NC 27577-4540

  • Office buildings
  • 2,205 SF
  • 0.05 lot acres
OFF-MARKET
Value Estimations
$265,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US53-2061702
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Good Vibes Smithfield / Lounge
  • LUCKY SKILL GAME CASINO / Casino

Property Details for 136 3rd St

Year built
1938
Lot size
0.05 lot acres
Property size
2,205 SF
Zone code
COM
Property type
Office buildings
APN
15024040
APU
15024040

Description

This exceptional 2,205 square foot retail space, situated at 136 S 3rd Street in the heart of Smithfield, NC, presents a lucrative investment opportunity. Boasting a prime location adjacent to the courthouse, this property benefits from substantial daytime foot traffic generated by courthouse activity and its high visibility on S. 3rd Street, ensuring significant drive-by exposure. Currently leased with a 3-year term and renewal options, the property offers a stable income stream with a 6% cap rate. The building underwent a complete renovation in 2021, ensuring modern and attractive features for tenants. The 0.05-acre lot provides convenient access and ample nearby public parking for customers and employees. Ideal for a variety of retail or professional office uses, this property is poised for continued success and strong returns. Its central location and high visibility make it an exceptional investment opportunity in a thriving community. The property's recent renovation ensures a move-in ready condition for immediate occupancy or continued lease income. Don't miss this chance to acquire a high-performing retail space in a desirable Smithfield location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $270,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $236,000
    Market price range: $201k - $419k
    AI Estimate
    $216,000
    Market price range: $141k - $417k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Smithfield
County
Johnston
State
North Carolina
Longitude
-78.3469
Latitude
35.5103
CBSA code
39580
CBSA name
RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$2,450
$21,780
$149,550
$171,330
-
$21,780
$149,550
$171,330
More about this property
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