816 3Rd St, Smithfield, NC 27577
This exceptional 2200+ square foot flex space, ideally situated in Downtown Smithfield's Johnston County submarket, presents a unique leasing opportunity. Previously utilized as an automotive shop, this property offers a versatile layout perfect for a variety of businesses. The space features a well-appointed office area at the front, seamlessly transitioning to a spacious rear area equipped with three convenient roll-up doors, ideal for loading and unloading. The rear section is equipped with gas heaters for efficient climate control. This single-tenant property is categorized as Retail, Industrial, and Special Purpose, encompassing flex, warehouse, manufacturing, and distribution subtypes. The property is located at 816 S 3rd St, Smithfield, NC 27577. The lease commences January 1, 2025, with a base annual rent of $1600, plus tenant-in-common association management (TICAM) charges. This prime location in the heart of Downtown Smithfield offers excellent visibility and accessibility, making it an attractive option for businesses seeking a functional and strategically positioned space. The property's blend of office and warehouse space makes it suitable for a wide range of uses, providing ample room for operations and administrative functions. Don't miss this chance to secure this well-maintained and adaptable property in a thriving downtown area.
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Encore Automotive Vehicle Inspection Center
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.