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Property profile & analytics
OFF-MARKET
Land

4475 Us-70 Bus Smithfield Smithfield, NC 27577

89 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 89-acre commercial property in Johnston County, North Carolina, presents a unique investment opportunity. Strategically located on US-70 Business, just one mile from I-95, this property boasts convenient access and high visibility. Zoned GB/Ag, it offers flexibility for various commercial uses, including light industrial, retail, warehousing, hospitality, and convenience stores. The property is comprised of five tracts, allowing for potential subdivision upon owner approval. Water services are readily available, and sewer infrastructure is under development. Its convenient ingress and egress from Hwy 70 Business, coupled with its proximity to I-95 and the NCDOT-standard bridge for the I-42 project, ensures excellent connectivity. The location benefits from the nearby Carolina Premium Outlets and the Ava Gardner Museum, contributing to a vibrant and growing community. Smithfield's thriving economy and expanding population make this a compelling opportunity for investors seeking a strategically positioned and versatile commercial development site. The asking price is $3,300,000. Parcel ID is 15M12024C.

Property profile
Verified
Property type Land
Lot 89 ac (3,876,840 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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