For Sale
$1,200,000

509 Market StSmithfield, NC 27577

2.5 Acres, Prime Location, $1.2M

Overview

Added:
Dec 11, 2024
Days on market:
120
This exceptional 2.5-acre commercial land parcel is ideally situated in the heart of downtown Smithfield, North Carolina, at 509 E Market St, zip code 27577. Boasting 200 feet of road frontage along Market Street, this property offers unparalleled visibility and accessibility. The land is conveniently located for downtown living and shopping, providing easy access to local businesses and amenities. The property comprises two tracts, with one fronting Market Street and the other fronting S. 6th Street. Currently zoned R-8, the property presents a unique opportunity for development. The land value is $11.02 per square foot, totaling an asking price of $1,200,000. Its prime location and substantial road frontage make it an attractive investment for various commercial ventures. This is a rare chance to acquire a significant piece of property in a thriving downtown area, offering exceptional potential for future growth and development. The property's convenient location allows for easy pedestrian access to the downtown area's businesses.

Highlights

  • $1,200,000 asking price for 2.5 acres of commercial land.
  • Located in the heart of downtown Smithfield, NC.
  • 200 feet of road frontage on Market Street, plus additional frontage on S. 6th Street.
  • R-8 zoning.
  • $11.02/SF land value.

Property Details for 509 Market St

Property type
Land
Lot Size (sq. ft)
108,900 SF

Location Insight

City
Smithfield
County
Johnston
State
North Carolina
Latitude
35.50971176
Longitude
-78.34243622
509 Market St, Smithfield, North Carolina

FAQs

What type of property is this?
Land - 2.5 Acres, Prime Location, $1.2M
Where is the land located?
The property is located at 509 Market St Smithfield, NC.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: $1,200,000 asking price for 2.5 acres of commercial land.; Located in the heart of downtown Smithfield, NC.; 200 feet of road frontage on Market Street, plus additional frontage on S. 6th Street.
How can I contact the broker?
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509 Market St
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