howell tract - foundry commercial
TRANSCRIPT
HOWELL TRACTS M I T H F I E L D , N O R T H C A R O L I N A
±165- ACRE OF MIXED-USE DEVELOPMENT OPPORTUNIT Y FOR SALE
CONTENTS02 EXECUTIVE SUMMARY
03 PROPERTY INFORMATION
08 LOCATION OVERVIEW
12 RALEIGH AREA HIGHLIGHTS
FOUNDRY COMMERCIAL / 2
EXECUTIVE SUMMARY
HOWELL TRACT | SMITHFIELD
Foundry Commercial is pleased to offer a very well located development tract for sale located along US 70 Highway Bypass in close proximity to Interstate 95 and US 301 Highway/North Brightleaf Boulevard. This ±165-acre parcel represents a highly desirable mixed-use development opportunity within the rapidly growing Johnston County market.
• Situated on the main artery through Smithfield which is home to the area's thriving commercial and retail district
• Located along the newly completed and signalized Ava Gardner Avenue which bisects the property and provides excellent access from US 301 Highway North to Booker Dairy Road (SR 1923)
• Adjacent to numerous amenities such as the Walmart Supercenter, a PetSmart-anchored Smithfield Plaza Shopping Center and the Belk-anchored Centre Pointe Plaza
• As illustrated in the concept plan, this property would be ideal for a variety of single family residential homes, townhomes, and garden style apartments.
PLAN LEGEND
Greenway
Industrial
Mixed Use
Multifamily
Single family
Business Park
70
70BUS
70
301
BUFFALO ROADBUFFALO ROAD
NORTH BRIGHTLEAF B
OULEVARD
NORTH BRIGHTLEAF B
OULEVARD
BAU
GH RO
AD
BAU
GH RO
AD
96
BOOKER DAIRY ROADBOOKER DAIRY ROAD
PROPERTY INFORMATION
FOUNDRY COMMERCIAL / 4
PROPERTY INFORMATION
NORTH BRIGHTLEAF BOULEVARDNORTH BRIGHTLEAF BOULEVARD
70BUS
30196
AVA
GA
RDN
ER A
VEN
UE
AVA
GA
RDN
ER A
VEN
UE
FOUNDRY COMMERCIAL / 5
PROPERTY INFORMATION
ADDRESS Ava Gardner Ave & US 70 Highway Bypass
PINS Portion of 14057009
MUNICIPALITY Town of Smithfield ETJ
TOTAL ACREAGE ±165 gross acres
EST. NET ACRES TBD
EXISTING ZONINGB-3 Highway Entranceway Business R-8 Single, Two, & Multi-Family Residential
FUTURE LAND USEMixed Use Center Office / ResidentialMedium Density Residential
SMITHFIELD UDOhttps://www.smithfield-nc.com/page/open/1993/0/UDO%20October%202018.pdf
TOPOGRAPHY Minimal and favorable
WETLANDSYes; Wetlands Delineation Study expected to be completed by Nov. 2020
SEWER & UTILITIES Municipal water & sewer
LIST PRICE Call for details
HOWELL TRACT
70
70
70BUS
70
301
BUFFALO ROADBUFFALO ROAD
NORTH BRIGHTLEAF BOULEV
ARD
NORTH BRIGHTLEAF BOULEV
ARD
BAU
GH
ROAD
BAU
GH
ROAD
96
PLAN LEGEND
Greenway
Industrial
Mixed Use
Multifamily
Single family
Business Park
CENTRE POINTE PLAZA
SMITHFIELD PLAZA
BOOKER DAIRY ROADBOOKER DAIRY ROAD
FOUNDRY COMMERCIAL / 6
PROPERTY INFORMATION * * * DISCLAIMER * * *Johnston County assumes no legal responsibility for the information represented here.
Scale: 1:26136 - 1 in. = 2178.03 feet(The scale is only accurate when printed landscape on a 8 1/2 x 11 size sheet with no page scaling.)
Johnston County GISFebruary 7, 2020
KEY TYPE DESCRIPTION % AREA (ACRES)
B-3 Highway Business 68.67 163.82
GB General Business .12 .29
R20 Residential .11 .25
R20A Residential .10 .23
R-8 Residential 4.49 10.72
TOTAL 175.32
EXISTING ZONING MAP FUTURE LAND USE MAP
[k
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Brightleaf Blvd
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UV210
UV1501
UV1003
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TALTON PARK
CIVITANFIELD
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SMITHFIELDCOMMUNITYPARK
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Popl
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lar
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Cleveland Rd
Packing Plant Rd
Galilee Rd
Wils
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VIRGINIA
SMITHFIELD GROWTH MANAGEMENT PLANFu tu re Land Use Map
[k ParksGreenways
Existing GreenwayMountains to Sea Trail (MST)Proposed Neighborhood ConnectionPotential East Coast GreenwayM Durwood Stevenson Parkway
Transportation RecommendationsThoroughfareCollector
ContextTown Limits (April 2018)Extraterritorial Jurisdiction (ETJ)Conservation and Open Space
Future land useNon-Residential and Mixed Use Areas
CommercialDowntown CoreDowntown SupportIndustrial / EmplyomentMixed Use CenterOffice / Residential
Residential Character AreasMedium Desity ResidentialLow Density ResidentailRural Residential
3RD
ST
5TH
ST
LEGEND
Parks
GREENWAYS
Existing Greenway
Mountains to Sea Trail (MST)Proposal Neighborhood ConnectionPotential East Coast GreenwayM Durwood Stevenson Parkway
TRANSPORTATION RECOMMENDATIONSThoroughfareCollector
CONTENTTown LimitsExtraterritorial Jurisdiction (ETJ)Conservation & Open Space
NON-RESIDENTIAL AND MIXED USE AREASCommercialDowntown CoreDowntown SupportIndustrial/EmploymentMixed Use CenterOffice/Residential
RESIDENTIAL CHARACTER AREASMedium Density ResidentialLow Density ResidentialRural Residential
FOUNDRY COMMERCIAL / 7
PROPERTY INFORMATION
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:
Sewer System Map
LegendCity_Limit_Line
"Ch Smithfield Master Meters
[Ú WWPS!( Johnston County MH
Johnston_County_FM_New
Johnston County Gravity!( Smithfield_MH
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Smithfield Gravity
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MapIndex_Smith
City_ETJ_Parcels
WATER
1 in = 900 feet
Town of SmithfieldJohnston County, NC
0 900 1,800450 Feet
Printed: 9/15/2017
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:
Water System Map
1 in = 1,000 feet
Town of Smithfield Johnston County, NC
0 1,000 2,000500 Feet
Date: 1/30/2018
Holt's Lake
Neuse River
LegendG!. FIRE_HYD
UT TANK
FlushStationType$1 Permanent
$1 Temporary
"K MAST_MET
WATERLINE
CountyMetered_WaterLine
City_Limit_Line
etj_line
WATERLINE Label
centerlines
MapIndex_Smith
City_ETJ_Parcels_with _Addresses
WATER
LEGENDFire Hydrant
Tank
FLUSH STATION TYPE
Permanent
TemporaryMast_MetWaterlineCountyMetered_WaterLineCity_Limit_LineETJ_LineWaterline LabelCenterlinesMapIndex_SmithCity_ETJ_Parcels_with_AddressesWater
LEGENDCit y_L imit_L ine
Smithf ield Master Meters
WWPS
Johnston County MHJohnston_County_FM_NewJohnston County GravitySmithfield_MHSmithfield FMSmithfield GravityMRDSCenterlinesMapIndex_SmithCity_ETJ_ParcelsWater
LOCATION OVERVIEW
LOCATION OVERVIEW
FOUNDRY COMMERCIAL / 9
SITESITE
CAROLINA PREMIUM OUTLET MALL
95
70BUS
70
M DURWOOD STEPHENSON HIGHWAY
M DURWOOD STEPHENSON HIGHWAY
JOHNSON JOHNSON HEALTHHEALTH
96301
NORTH BRIGHTLEAF BOULEVARD
NORTH BRIGHTLEAF BOULEVARD
SMITHFIELD SMITHFIELD HIGH HIGH
SCHOOLSCHOOL
SMITHFIELD SMITHFIELD AQUATIC AQUATIC CENTERCENTER
JOHNSTON JOHNSTON COMMUNITY COMMUNITY
COLLEGECOLLEGEJOHNSTON JOHNSTON COUNTRY COUNTRY
EARLY COLLEGE EARLY COLLEGE ACADEMY ACADEMY
95
PINE LEVEL SELMA ROAD
PINE LEVEL SELMA ROAD
SELMA SELMA ELEMENTARY ELEMENTARY
SCHOOLSCHOOL
23,000 VPD
20,000 VPD
41,000 VPD
CENTRE POINTE PLAZA
SMITHFIELD PLAZA
DISTANCE FROM:
Interstate 95 ±1.0 mile
Downtown Smithfield ±2.1 miles
Johnson Regional Airport ±10 minutes
Downtown Clayton ±20 minutes
Downtown Raleigh ±30 minutes
Wilson ±35 minutes
RDU Airport ±45 minutes
Research Triangle Park ±50 minutes
17,000 VPD
BOOKER DAIRY ROADBOOKER DAIRY ROADBU
FFAL
O R
OAD
BUFF
ALO
RO
AD
FOUNDRY COMMERCIAL / 10
LOCATION OVERVIEW
SITE
DISTANCE FROM:
I-95 ±2.2 miles
I-40 ±25 miles
Raleigh ±33 miles
RDU International Airport ±49 miles
Fayetteville ±50 miles
FOUNDRY COMMERCIAL / 11
LOCATION OVERVIEW
1 MILE 3 MILE 5 MILE
TRAFFIC COUNTS
NORTH BRIGHTLEAF BOULEVARD 23,000 VPD
HIGHWAY 70 BUSINESS 20,000 VPD
I-95 41,000 VPD
Smithfield/Selma, NC is home to many large employers with more on the way, due to an active Economic Development initiative set forth by both the town of Smithfield and Johnston County. The future ten-year job growth in Smithfield/Selma is 46.3% compared to the national average of 33.5%.
Johnston County is one of the fastest growing counties in the US and is officially the fastest growing county in North Carolina. At at 28% growth rate, the county is expected to be home to in excess of 250,000 residents within ten years.
DEMOGRAPHICS 1 MILE 3 MILE 5 MILE
2020 ESTIMATED POPULATION 1,745 17,128 30,434
2025 PROJECTED POPULATION 2,012 20,048 35,504
2020 ESTIMATED HOUSEHOLDS 724 6,597 11,641
2025 PROJECTED HOUSEHOLDS 794 7,256 12,761
2020 ESTIMATED AVERAGE HH INCOME $71,644 $46,312 $53,676
2020 ESTIMATED MEDIAN HH INCOME $50,264 $37,634 $44,164
EMINENT REGIONAL GROWTH
RALEIGH AREAHIGHLIGHTS
FOUNDRY COMMERCIAL / 13
RALEIGH AREA HIGHLIGHTS
STELLAR NATION-LEADING POPULATION GROWTHHome to more than 2.0 million residents, the Raleigh-Durham CMSA is continually ranked as one of the fastest growing metros in the U.S., welcoming more than 720,000 newcomers between 2000 and 2014 for a 55% cumulative uptick in population.
DIVERSIFIED, INNOVATION-BASED ECONOMYThe Triangle is anchored by world-class universities, well-managed state and local governments, and operations of many of the nation’s leading technology, biotechnology, pharmaceutical, and health care firms.
HIGHLY-RANKED JOB CREATION, QUALITY OF LIFEDue to its robust economy, inviting business climate, highly-educated workforce, established infrastructure, and outstanding quality of life, the Triangle consistently garners accolades touting its appeal to businesses and residents alike.
EXCEPTIONAL EDUCATIONAL CACHET The Triangle moniker references the geographic location of the area’s three most esteemed educational, medical, and research universities: Duke University in Durham, North Carolina State University in Raleigh, and the University of North Carolina in Chapel Hill.
OUTSTANDING LONG-TERM PROSPECTS With the right pieces in place for a thriving economy and a rising quality of life, population and economic growth are fully expected to continue to rank highly amongst other U.S. cities for the long-term.
RALEIGH-DURHAM HAS HISTORICALLY POSTED STRONG JOB GROWTHThe CMSA has a healthy current unemployment rate of 4.4%. The region has added nearly 30,000 net new jobs in the past twelve months.
EXECUTIVE SUMMARY
FOUNDRY COMMERCIAL / 14
ECONOMIC VIBRANCY
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No. 2BEST PLACE FOR BUSINESS AND CAREERSFORBES
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No. 3CIT Y WHERE WHITE-COLLAR EMPLOYMENT IS BOOMINGFORBES
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FOUNDRY COMMERCIAL / 15
No. 1 BEST PLACE TO L IVEMONEY MAGAZINE
No. 2 TO 10 CIT IES FOR
TECH JOBSFAST COMPANY
No. 1 AMERICAN CIT IES OF THE
FUTUREFINANCIAL TIMES
No. 3 BEST LABOR MARKET IN
THE U.S .FORBES
No. 1 IN STEM EMPLOYMENT GROWTHWALLET HUB
No. 3 BEST CIT Y FOR YOUNG
ENTREPRENEURSMONEYRATES
No. 2 MOST EDUCATED CIT Y
IN THE U.S .FORBES
No. 3 BEST PLACE FOR BUSINESS
AND CAREERFORBES
RALEIGH AREA HIGHLIGHTS
foundrycommercial.com
JIM ALLAIRE, SIORPrincipal(919) 576 [email protected]
KARL HUDSON IV, CCIMPartner, Land Services(919) 987 [email protected]
Although the information contained herein was provided by sources believed to be reliable, Foundry Commercial makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes.