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Property profile & analytics
FOR LEASE
Flex space

711 E Rose St Smithfield, NC 27577

35,000 SF 2.8 ac lot Built 1920
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US53-2379275
Property summary
AI-generated overview

711 E Rose Street, Smithfield, NC offers a unique opportunity to lease warehouse space in a prime South Smithfield location. This industrial property comprises seven separate buildings totaling 46,000 square feet, situated on 2.3 acres of land. The property is conveniently located off US Hwy 301/S Brightleaf Blvd, behind a retail building and pre-owned auto dealership, providing excellent visibility and accessibility. Its strategic position offers easy access to major transportation arteries, including I-95 (just one mile away, Exit 93), US Highway 70, and I-40, ensuring efficient logistics and distribution. The property is zoned COM and is adjacent to a railroad line, further enhancing its logistical advantages. Individual units range from a minimum of 4,000 square feet to a maximum contiguous space of 7,500 square feet, offering flexibility for various business needs. While the units are not climate-controlled, they provide basic warehouse storage solutions. Buildings 1 and 5 boast a 12-foot clear height. Built in 1976, this property presents a solid investment opportunity in a thriving Johnston County location. Seven spaces are currently available for lease. Contact us today to learn more about this exceptional warehouse opportunity.

Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1920
Total area 35,000 SF
Lot 2.8 ac (121,968 SF)
Zoning code COM
APN 15041018
UPID US53-2379275
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Rose Street Industrial LLC
Rose Street Industrial LLC
since 2026
Last sale
$375,000
4 recorded transactions
2026
$2.3M
2024
Price N/A
2020
$375,000
2018
$280,000
Zoning & alternative use
COM · Smithfield, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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