0 Rand St Smithfield, NC 27577
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.