This property was the site of the Holt Lake entertainment complex of the 1930s and 1940s. Subsequent usage, industrial and nursery (landscaping). Holt Lake encompasses 1200 acres.

This prime acreage is located just 4 miles south of Downtown Smithfield on US Hwy 301 South at the intersection with the Country Club Road, it has convenient access to a hub of Interstate 95(I-95) and junctions of NC Hwys. 96 and 701, plus US 301. The second interchange south on I-95 is its junction with Interstate 40(I-40) with connections to Raleigh and Wilmington, NC.

Property has good drainage and mature trees. Nearby access to County/Smithfield water and sewer. Electrical utility is Progress Energy. Embarq telecommunications and TimeWarner Cable services are available. Current zoning is commercial, Town of Smithfield jurisdiction.

The northen property line extends 827 feet west of US 301 along the Country Club Road. The northeast corner extends south along US 301 for 741 feet to lake's edge. The northwest corner on the Country Club Road coincides with a corner of the Lakeside Subdivision. The western boundary follows the Subdivision's property lines 800 feet to Holt Lake. There is 962 feet of lake frontage(includes boat ramp area). Total acreage is just over eight(8).