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    Property profile & analytics
    OFF-MARKET Estimated value $825,000
    Warehouses

    36 Edgerton St, Smithfield, NC 27577-4733

    31,397 SF 7.72 ac lot Built 1920
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US53-1214144
    Property summary
    AI-generated overview

    This exceptional 62,000 square foot retail property, located at 36 E Edgerton St in Smithfield, North Carolina (zip code 27577), presents a compelling investment opportunity. Situated on a substantial 7.7-acre lot (APN 15006015), this multi-tenant building offers significant flexibility for a single-tenant operator, potentially ideal as a lay-down yard. The property benefits from existing water and sewer connections. Recent improvements include a new roof, upgraded electrical panels for each unit, energy-efficient LED lighting throughout, a resurfaced asphalt parking lot, enhanced site drainage, completely renovated bathrooms with new fixtures, new overhead doors, a newly constructed common corridor for the loading dock, new metal siding, and a rebuilt exterior canopy. The asking price is $6,000,000. This property's size, location, and recent renovations make it an attractive prospect for a variety of uses. The flexible lease terms allow for a potentially quick transition for a new owner. This is a rare opportunity to acquire a substantial retail property with significant acreage in a desirable location.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1920
    Total area 31,397 SF
    Lot 7.72 ac (336,283 SF)
    Zoning code IND
    APN 15006015
    UPID US53-1214144
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Body Fit 24/7 Fitness Gym & Fitness Center
    • Trucking Solutions X Auto Repair Shop
    • Smithfield Car and Truck Automotive Repair Auto Repair Shop
    • Builder Service Co Hardware & Home Improvement Production Facility
    • Thomsen Bamboo Home Decor Store Department Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $595k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.02M
    Blend (final) Blend
    $825k
    Owner & transaction history
    Gray Creek Properties LLC
    Gray Creek Properties LLC
    since 2025
    Last sale
    $500,000
    7 recorded transactions
    2025
    $500,000
    2020
    2014
    2014
    $150,000
    2011
    $740,384
    2008
    $1.2M
    2006
    Zoning & alternative use
    IND · Smithfield, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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