Citation Ln, Smithfield, NC 27577
This exceptional 2.33-acre commercial land parcel presents a remarkable investment opportunity in the thriving Smithfield, NC market. Located on Citation Lane, this property offers significant potential for a wide range of commercial ventures. Its generous size allows for ample development possibilities, catering to businesses requiring substantial space for operations or expansion. The property's strategic location within Smithfield provides excellent visibility and accessibility, ensuring high traffic flow and convenient access for customers and employees. The asking price of $279,600 represents a compelling value proposition considering the property's size, location, and development potential. This is an ideal site for entrepreneurs seeking to establish a new business or for existing companies looking to relocate or expand their operations. The absence of existing structures provides a blank canvas for customized development, allowing for complete design flexibility to meet specific business needs. Prospective buyers are encouraged to conduct their own due diligence to assess the suitability of the property for their intended use. This prime commercial land offers a rare chance to secure a valuable asset in a dynamic and growing community. Don't miss this opportunity to acquire a piece of Smithfield's commercial landscape. Serious inquiries are welcome. The property is zoned for general commercial use.
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.