Property profile

134 S 3Rd St Smithfield, NC 27577

FOR LEASE
Other commercial real estate
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Property ID
US53-5787487
2,328 SF 0.06 ac Built 1938
Last sale Apr 2021·$275,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This commercial property is located at 134 S 3rd St in Smithfield, North Carolina and is configured as a leasable space. The interior layout includes a large open retail area, two bathrooms, and an additional storage room. The building has frontage positioned to provide visibility and is served by ample on-site parking, supporting a range of business uses such as retail, office, or service-oriented operations.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$4k
Tax billed · 2024
Assessed value$245k
Assessed land$26k
Assessed improvement$219k
Effective rate1.43%

Value estimate

· Nov 2026
$345k
$311k – $380k
AI approach$305k
NOI build-up
Gross scheduled income$88k
Vacancy & credit loss−$7k
Operating expenses−$24k
NOI$57k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$131/SF
ZIP average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$54 – $197
Qualifying comparables9

Cap rate analysis

How does the asset earn?
$57k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
COM
JurisdictionJOHNSTON

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.6
Furniture Store9.4
Storage Facility9.4

Location

134 S 3Rd St Smithfield, NC 27577
County assessor Recorded deeds · 4 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
312 4th, Smithfield, NC 27577-4556 $217,000 Feb 2025 2,500 SF
1270 Buffalo, Smithfield, NC 27577-7443 $135,000 May 2024 2,022 SF
4549 Wilsons Mls, Smithfield, NC 27577 $130,000 Feb 2024 1,912 SF
135 3rd, Smithfield, NC 27577-4539 $176,000 Aug 2021 2,392 SF
7144 Brogden, Smithfield, NC 27577-8830 $72,000 Feb 2021 2,448 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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