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Property profile & analytics
OFF-MARKET
Land

1500 Brightleaf Blvd Smithfield, NC 27577

3.8 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.8-acre commercial land parcel presents a prime development opportunity in Smithfield, North Carolina. Located at 1500 S Brightleaf Blvd, this property boasts 315 feet of frontage on a high-traffic road with a daily volume of 11,500 vehicles. Its strategic location offers unparalleled connectivity, situated less than half a mile from Interstate 95, providing easy access to Johnston County, Raleigh, and the broader North Carolina region. The site is zoned COM and is development-ready, featuring existing water and sewer infrastructure, significantly reducing upfront development costs and expediting project timelines. This makes it ideal for a variety of commercial ventures. The property's size and location, combined with its readily available utilities, represent a compelling investment opportunity for developers seeking a high-visibility site with excellent transportation links. The asking price for this exceptional parcel is $1,300,000. The property is located in Johnston County, North Carolina, with a zip code of 27577. This is a rare chance to acquire a significant commercial land holding in a thriving area.

Property profile
Verified
Property type Land
Lot 3.8 ac (165,528 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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