Smithfield, NC Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Smithfield, North Carolina Market population: 10K. Compare commercial properties across all major asset classes...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Smithfield UT Properties: 0.4436%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Smithfield UT
Common questions from investors exploring commercial real estate in Smithfield UT.
What's the overall investment potential of Smithfield, UT?
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With a median household income of $56,106 and a relatively low poverty rate of 6.2%, Smithfield presents a stable investment market, further supported by its high health insurance coverage rate of 94.5% and short average commute time of 18 minutes, indicating a reliable and healthy workforce.
How does the local economy impact real estate demand?
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The top industries in Smithfield, including Manufacturing and Information, drive employment and contribute to the town's economic stability, while the diverse population with top ethnicities being White, White Non-Hispanic, and Hispanic, suggests a broad market demand, especially considering the town's low poverty rate and high employment rate of 4,360.
What are the key factors influencing rental yields in Smithfield?
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The combination of a high homeownership rate of 83.9%, low poverty rate of 6.2%, and excellent health insurance coverage of 94.5% suggests a stable and reliable tenant base, which, paired with the relatively short average commute time of 18 minutes and prevalent use of drove alone, worked at home, and carpooling, indicates solid potential for rental yields.
How does the demographic makeup of Smithfield affect its real estate market?
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The median age of 29.2 and foreign-born rate of 2.3% in Smithfield, alongside its top ethnicities, point to a relatively young and somewhat homogeneous population, which, considering the town's high median property value of $188,600 and low poverty rate, may indicate a market with growing demand for housing that caters to young families and professionals, especially those in the manufacturing and information sectors.
What role do quality of life metrics play in assessing Smithfield's investment stability?
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The average commute time of 18 minutes, high health insurance rate of 94.5%, and low poverty rate of 6.2% in Smithfield collectively suggest a high quality of life, which is crucial for attracting and retaining residents, thereby contributing to the stability and potential growth of the local real estate market, making it an attractive option for investors looking for a reliable return on investment.
Smithfield UT Real Estate & City Facts
Key facts and real estate information about Smithfield UT.
What are some of the best neighborhoods to live in Smithfield?
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Some of the best neighborhoods to live in Smithfield include those near the Smithfield Utah Temple, and areas with easy access to outdoor recreation and community parks. Neighborhoods like those near Lincoln Avenue are also popular for their nice homes and family-friendly atmosphere.
What are some fun things to do in Smithfield?
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There are plenty of fun things to do in Smithfield, including visiting the Smithfield Utah Temple, exploring the scenic mountain access, and enjoying the community parks. You can also check out the Maverik Stadium and Dee Events Center for some exciting events and activities.
What is the food scene like in Smithfield?
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The food scene in Smithfield is growing, with a variety of restaurants to choose from, including Taqueria La Unica, El Castillo Restaurant, and Old Grist Mill. There are also plenty of great food trucks and unique eateries in the area, such as Crumb Brothers, which offers fresh ingredients and a beautiful dining environment.
What are the pros and cons of living in Smithfield?
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The pros of living in Smithfield include its peaceful small-town atmosphere, easy access to outdoor recreation, and growing neighborhoods. However, some cons include the potential for a strong smell from the nearby wind direction, and limited job opportunities compared to larger cities. Overall, Smithfield is a great place to live for those who value a quiet lifestyle and outdoor activities.
Is Smithfield a good place to live?
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Yes, Smithfield is a good place to live, especially for families and outdoor enthusiasts. The city offers a unique blend of natural beauty, recreation, and convenience to nearby cities. While it may have some drawbacks, the pros of living in Smithfield make it a desirable place to call home.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Smithfield UT Commercial Property: $56,106
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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