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    OFF-MARKET
    Commercial real estate

    Citation Ln, Smithfield, NC 27577

    2.33 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 2.33 ac (101,495 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
    AI Approach AI
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    CAP Approach CAP
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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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