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Property profile & analytics
OFF-MARKET
Land

705 Whitley Farms Rd Smithfield, NC 27577

15.6 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 15.6-acre commercial land parcel presents a remarkable development opportunity in the thriving Johnston County market. Located at 705 Whitley Farms Road, Smithfield, NC 27577, this property boasts 400 feet of road frontage, ensuring excellent visibility and accessibility. The convenient location offers easy access to Interstate 95, a major transportation artery with a high volume of daily traffic (42,000 vehicles per day). Zoned R-20 A, this site is ready for a variety of commercial uses. Utilities are readily available along Whitley Farms Road, simplifying the development process. The property's expansive size and prime location make it ideal for a wide range of commercial ventures, capitalizing on the significant growth experienced in this area. The APN is 169317-11-3324. This is a rare chance to acquire a substantial commercial land holding in a high-demand location with exceptional access to major transportation routes. The asking price for this exceptional property is $1,573,000. Don't miss this opportunity to secure a strategic investment in Johnston County's burgeoning commercial landscape.

Property profile
Verified
Property type Land
Lot 15.6 ac (679,536 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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