509 E Market St 2.5 Acres of Commercial Land Offered at $1,300,000 in Smithfield, NC 27577

INVESTMENT HIGHLIGHTS
- Downtown property Smithfield. Walking distance to banks, cleaners, walking trail and other businesses.
EXECUTIVE SUMMARY
PROPERTY FACTS
1 LOT AVAILABLE
Lot
Price | $1,300,000 |
Price Per AC | $520,000.00 |
Lot Size | 2.50 AC |
Land fronts Market Street and 6th street. Property to be rezoned to B-3 for more opportunity to develop a mixed-use project. Walking downtown makes this attractive area for Smithfield. With shops, movie theater, restaurants and walking trail.
DESCRIPTION
Property is one of the few left available in downtown Smithfield. Value would be a mixed-use development. The land is flat land with sidewalks along Market Street gives the availability to walk to restaurant, dry cleaners, banks, movie theater and walking trail has a nice opportunity for the area.
PROPERTY TAXES
Parcel Number | 15026023 | Improvements Assessment | $4,500 |
Land Assessment | $488,690 | Total Assessment | $493,190 |
ZONING
Zoning Code | R-8 |