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Property profile & analytics
OFF-MARKET
Land

0 Rand St Smithfield, NC 27577

0.16 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.16-acre residential lot, located at Lot 55 Rand St. in Smithfield, NC, presents a rare opportunity in the desirable Old Smithfield Mill area. Priced at $28,500, this shovel-ready lot boasts readily available city water and sewer connections, eliminating the complexities and costs associated with utility installations. The property is part of a multi-lot purchase (Lots 55, 56, 57, and 58), which will be subdivided before closing. An updated survey is available for review. This location offers unparalleled convenience, with proximity to a wide array of amenities including shopping centers, diverse dining options, entertainment venues, medical facilities, and higher education institutions. Furthermore, its strategic location provides easy access to major transportation arteries such as I-95, US-70, and US-210. Note that lot lines depicted in any photographs are illustrative and not precisely accurate. This is one of the last remaining opportunities to build in this sought-after neighborhood. The property is zoned for residential use. The zip code is 27577, situated in Johnston County, North Carolina.

Property profile
Verified
Property type Land
Lot 0.16 ac (6,970 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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