Development Opportunity! 49.72± acre assemblage on US HWY 70 Business E in Smithfield, just 1.5 miles from I-95 and the Carolina Premium Outlets, one of the highest-traffic retail corridors in Johnston County. Two parcels (PINs 15L11015D and 15L11015E, 48.7± and 1.02± acres) currently zoned R-20A and B-3, with Future Land Use designated Mixed Use Commercial. Town water available; sewer connection approximately 2,200 LF away and may require a lift station. Flat, largely open land with a small wooded pocket, a farm pond, and a small stream. Currently leased for farming. Surrounding tracts are held by Johnston County for a planned future municipal building, reinforcing the corridor's growth trajectory. Traffic counts of approximately 12,500 VPD. Raw land, no entitlements makes these parcels a blank canvas for a developer or investor to position ahead of the path of growth. Offered at $2,200,000, or approximately $44,250 per acre.
| MLS # | 10182259 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 32 |
| Listing Provided By | Dalton Property Partners LLC | Tommy Dalton |
| Zoning | RA-20A |
|---|---|
| Acreage | 48.72 |
| Lot Features | Agricultural, Farm, Irregular Lot, Level, Partially Cleared, See Remarks, Pond on Lot |
|---|
| Utilities | Water Available, See Remarks |
|---|---|
| Sewer | Septic Needed, Perc Test Required, Other, Other30 |
| Tax Assessed Value | 57950 |
|---|---|
| Tax Legal Description | R E Stallings 2603 |
| Tax Year | 2025 |
| State | NC |
|---|---|
| County | Johnston |
| City | Smithfield |
| Zip Code | 27577 |
| Area | Johnston |
| Community Name | Not in a Subdivision |
| School District | Johnston - Smithfield Selma High |
| Elementary School | Johnston - South Smithfield Elem |
| High School | Johnston - Smithfield Selma High |
| Listing VS Median (in Not in a Subdivision) | |
Price: $2,200,000 low | high Med: $399,000 On site: 32 low | high Med: 140 | |
| State | NC |
|---|---|
| County | Johnston |
| City | Smithfield |
| Zip Code | 27577 |
| Area | Johnston |
| Community Name | Not in a Subdivision |
| School District | Johnston - Smithfield Selma High |
| Elementary School | Johnston - South Smithfield Elem |
| High School | Johnston - Smithfield Selma High |
| Listing VS Median (in Not in a Subdivision) | |
Price: $2,200,000 low | high Med: $399,000 On site: 32 low | high Med: 140 | |