58 Rand St Smithfield, NC 27577
This exceptional 0.16-acre residential lot, located at Lot 58 Rand St. in Smithfield, North Carolina (27577), presents a rare opportunity. Priced at $28,500, this shovel-ready lot boasts city water and sewer taps already installed, eliminating significant upfront costs. The property is part of a larger parcel (Lots 55, 56, 57, and 58) that will be subdivided before closing. An updated survey is available for review. This represents one of the last available lots within the desirable Old Smithfield Mill area. Enjoy the convenience of this location, with its proximity to a wealth of amenities including shopping, dining, entertainment venues, medical facilities, and higher education institutions. Furthermore, its strategic location offers easy access to major transportation arteries such as I-95, US-70, and US-210. Please note that lot lines depicted in any photographs are for illustrative purposes only and are not precisely accurate. This is a fantastic opportunity to build your dream home in a thriving community.
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.