134 3Rd St Smithfield, NC 27577
- Commercial real estate
- 2,328 SF
- 0.06 lot acres
Current Use by Public Records
- DJ’s Bail Bonds / Bail Bonds Service
Property Details for 134 3Rd St
- Year built
- 1938
- Lot size
- 0.06 lot acres
- Property size
- 2,328 SF
- Zone code
- COM
- Property type
- Commercial real estate
- APN
- 15024041
- APU
- 15024041
Description
This exceptional commercial property, located at 134 S 3rd Street in Smithfield, North Carolina, presents a unique leasing opportunity. The building, constructed in 1938 and renovated in 1995, boasts a total of 4,656 square feet, with 2,250 square feet currently available for lease. The property is classified as Class C and sits on a 0.06-acre lot. The spacious layout is ideal for a variety of businesses, featuring a large open area perfect for retail display or office space, complemented by two convenient bathrooms and a dedicated storage room. Its B-1 zoning allows for a range of commercial uses. The property's prime location in the heart of Smithfield, within Johnston County, ensures high visibility and accessibility, attracting significant foot traffic. Ample parking is available, enhancing the convenience for both customers and employees. The property's address is 15024041 (APN). This is a single-tenant space offering a blend of retail and office potential, making it an attractive option for businesses seeking a well-established location in a thriving community. The property is situated in a vibrant submarket, offering excellent access to local amenities and a strong customer base. This is a chance to secure a well-maintained space with significant potential for growth.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $345,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $280,000
- 6.5%
- $280,000
- 7%
- $240,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $270,000
- Geo Method
- $255,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $235,000
- Retail
- $250,000
- Mixed-Use
- $240,000
- Hospitality
- $260,000
- Educational
- $230,000
- Residential Income
- $295,000
- Energy
- $265,000
- Income-Based Land
- $225,000
- Food Service
- $265,000
Location Insight
- Map
- Local Demand
- City
- Smithfield
- County
- Johnston
- State
- North Carolina
- Longitude
- -78.3468
- Latitude
- 35.5104
- CBSA code
- 39580
- CBSA name
- RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
