509 Market St Smithfield, NC 27577
- Land
- 2.50 lot acres
Current Use by Public Records
- America Salon / Beauty Salon
Property Details for 509 Market St
- Lot size
- 2.50 lot acres
- Property type
- Land
Description
This exceptional 2.5-acre commercial land parcel is ideally situated in the heart of downtown Smithfield, North Carolina, at 509 E Market St, zip code 27577. Boasting 200 feet of road frontage along Market Street, this property offers unparalleled visibility and accessibility. The land is conveniently located for downtown living and shopping, providing easy access to local businesses and amenities. The property comprises two tracts, with one fronting Market Street and the other fronting S. 6th Street. Currently zoned R-8, the property presents a unique opportunity for development. The land value is $11.02 per square foot, totaling an asking price of $1,200,000. Its prime location and substantial road frontage make it an attractive investment for various commercial ventures. This is a rare chance to acquire a significant piece of property in a thriving downtown area, offering exceptional potential for future growth and development. The property's convenient location allows for easy pedestrian access to the downtown area's businesses.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Smithfield
- County
- Johnston
- State
- North Carolina
- Longitude
- -78.3424
- Latitude
- 35.5097
