705 Whitley Farms Rd Smithfield, NC 27577
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.
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.
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.