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509 E. Market Street
Smithfield, NC 27577
Asking Price
$1.80M
Asset Type
Residential Land
Class
Class B
What's Special
Prime location in downtown Smithfield on Hwy 70! <p>One of the few larger parcels left on the main thoroughfare of Smithfield. Great visibility, with easy walking to neighboring business within the area. Only minutes from the hospital. Within a mile of I-95. This parcel has opportunities for a mixed use project that would enhance the downtown area.</p>
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NOI
$80,000
Cap Rate
4.44%
DSCR
0.75
Underwater
Cash-on-Cash
-4.98%
Monthly Payment
$8,905.418
Annual Cash Flow
$-26,865.015
