711 Rose StSmithfield, NC 27577

  • Flex space
  • 35,000 SF
For Lease
$8/SF/YR View listing

Property Details for 711 Rose St

Year built
1920
Lot size
2.80 AC
Property size (Sq ft)
35,000 SF
Zone code
COM
Property type
Flex space
APN
15041018
APU
15041018

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $9,710,677
    Hospitality
    $8,894,928
    Educational
    $7,400,476
    Medical
    $7,654,989
    Retail
    $11,511,850
711 Rose St, Smithfield, North Carolina

Location Insight

City
Smithfield
County
Johnston
State
North Carolina
Latitude
35.5017
Longitude
-78.3446
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
$4,519
$194,540
$169,880
$364,420
-
$194,540
$169,880
$364,420

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