Financial
Distress signals
Property profile

134 S 3Rd St Smithfield, NC 27577

FOR LEASE
Other commercial real estate
Property ID
US53-5787487
2,328 SF 0.06 ac lot 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.
Saved · see the list in your Dashboard
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. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

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

· Sep 2026
$345k
$311k – $380k
AI approach$305k
NOI build-up
Gross scheduled income$88k
Vacancy & credit loss−$7k
Operating expenses−$24k
NOI · 317,555.56% cap applied$57k

Realmo valuation models over county records and 7 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 comparables7

Cap rate analysis

How does the asset earn?
317,555.56%
$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 7 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message