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    Property profile & analytics

    1547 Market St Smithfield, NC 27577-5077

    • Strip malls
    • 9,362 SF
    • 1.22 lot acres
    OFF-MARKET
    Value Estimation
    $240,000
    Last Sale
    Feb 02, 2022
    $250,000
    Location Intelligence
    Property ID
    US53-3744802
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Johnston County Spine Center / Chiropractor
    • Ramallah Mediterranean Market / Grocery Store / Health Food Store
    • T House / Bubble Tea Store
    • KJ Nails and Spa / Nail Salon
    • In me liquidation / Discount Store

    Property Details for 1547 Market St

    Year built
    2019
    Lot size
    1.22 lot acres
    Property size
    9,362 SF
    Zone code
    SUP
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    15K10023L
    APU
    15K10023L

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $205,000
      6.5%
      $210,000
      7%
      $210,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $240,000
      Geo Method
      $210,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $225,000
      Retail
      $220,000
      Mixed-Use
      $210,000
      Hospitality
      $180,000
      Educational
      $190,000
      Residential Income
      $210,000
      Energy
      $210,000
      Income-Based Land
      $220,000
      Food Service
      $205,000

    Location Insight

    • Map
    • Local Demand
    City
    Smithfield
    County
    Johnston
    State
    North Carolina
    Longitude
    -78.3294
    Latitude
    35.5063
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $15,182
    $252,430
    $971,920
    $1,224,350
    -
    $252,430
    $971,920
    $1,224,350

    Comparable in this City

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    • Value Estimation
      $1,600,000
      8,820 SF

      255 Equity Dr

      SHOPPING CENTER, STRIP CENTER • 8,820 SF
      255 Equity Dr, Smithfield, NC 27577-6053
      View Details
    • Value Estimation
      $410,000
      5,045 SF

      817 Brightleaf Blvd

      SHOPPING CENTER, STRIP CENTER • 5,045 SF
      817 Brightleaf Blvd, Smithfield, NC 27577-4390
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    • Value Estimation by Request
      7,664 SF

      3241 Us Hwy 70th E

      SHOPPING CENTER, STRIP CENTER • 7,664 SF
      3241 Us Hwy 70th E, Smithfield, NC 27577-8740
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    • Value Estimation by Request
      204,000 SF

      1025 Outlet Ctr Dr

      SHOPPING CENTER, STRIP CENTER • 204,000 SF
      1025 Outlet Ctr Dr, Smithfield, NC 27577-6041
      View Details
    • Value Estimation by Request
      15,000 SF

      721 Venture Dr

      SHOPPING CENTER, STRIP CENTER • 15,000 SF
      721 Venture Dr, Smithfield, NC 27577-4771
      View Details

    Similar Nearby for Sale

    • $1,300,000
      Pending

      Smithfield Commercial Land For Sale

      1.18 acre commercial lot with road frontage in Smithfield, NC.
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      Market St. Commercial Lot - Smithfield, NC

      High-traffic corner lot, ideal retail.
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    • $995,000
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      1,620 sq ft daycare on 0.788-acre lot for sale.
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    • $1,200,000
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      Downtown Smithfield Commercial Land

      2.5 Acres, Prime Location, $1.2M
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    • $499,900
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      Smithfield Commercial Land Opportunity

      3.15 Acres, US 70 Highway Frontage
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      Smithfield Commercial Land Opportunity

      High-traffic lot, development potential.
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    Similar Nearby for Lease

    • Contact for pricing
      9,640 SF

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      Retail space for lease in a highly visible shopping center.
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      View Details
    • $27 SF/Yr
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      View Details
    • Contact for pricing
      9,640 SF

      Smithfield Retail Space For Lease

      Prime Johnston County retail space available.
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      View Details
    • $18 SF/Yr
      4,656 SF

      Downtown Smithfield Retail Space

      Prime Johnston County location, 2,250 sq ft available.
      134 3Rd St, Smithfield, NC 27577
      View Details
    • $5,000 /Mo
      800 SF

      Smithfield Car Dealership For Lease

      Fully operational car dealership with office and storage in Smithfield.
      803 S Brightleaf Blvd, Smithfield, NC 27577
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    • $19 SF/Yr
      21,238 SF

      Wilson Medical Park: Prime Medical Office Space

      Medical Office Building For Sale/Lease; Excellent Location
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    1547 Market St
    Smithfield, NC 27577-5077
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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