236 Magnolia Drive (37.62 ac.)

236 Magnolia Drive (37.62 ac.), Smithfield, NC 27577

  • For Sale $4,000,000
  • Property Type VacantLand
  • Lot Size 37.62 Acre
  • Date Updated Feb 24, 2025
Discover an unbeatable investment opportunity in the thriving Raleigh-Durham submarket. The property at 236 Magnolia Drive, Smithfield enjoys a prime location, offering convenient access to I-95, I-40, and Hwy 70 future I-42. Multifamily, Mixed Use would make this an idea location for land investors. Embrace the potential for growth and opportunity in this vibrant and rapidly expanding region. Area business include Carolina Premium Outlet Center, Johnston Community College, hotel and restaurants.Prime investment opportunity awaits with the property at 236 Magnolia Drive in Smithfield, NC. Boasting B-3 R-20 zoning and situated in the rapidly growing Johnston County, Raleigh-Durham submarket area, this expansive 37.62-acre parcel is a rare find for retail and strip center and multi-family for investors. Benefit from the infrastructure advantage of an 8" water line at Magnolia Drive, with sewer available. As one of the last remaining larger tracts in Smithfield, its central location is perfectly positioned to cater to both local residents and visitors. Additionally, the favorable support from the town further enhances the potential of this highly sought-after parcel.
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Highlights

  • - Zoned B-3 R-20 for versatile development opportunities
  • - Access to 8" water line at Magnolia Drive
  • - Sewer availability for enhanced development potential
  • - Rare, one of the last larger tracts in Smithfield
  • - Central location ideal for local and tourist accommodation
  • - Positive town support for the parcel

Contacts

broker
Teresa Daughtry

Partners Commercial Realty

Location

Getting Around

  • Walk Score ®

    34/100 Car-Dependent

  • Bike Score ®

    37/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Smithfield, NC
  • Zip Code 27577
  • Market Raleigh Durham

Points of Interest

  • Carolina Premium Outlets

    0.34 miles

  • Speedway

    0.41 miles

  • Tesla Supercharger

    0.49 miles

  • Sheetz

    0.53 miles

  • Kangaroo Express

    0.61 miles

  • ChargePoint Charging Station

    1.44 miles

  • BP

    1.65 miles

  • Exxon

    1.71 miles

  • Shell

    1.76 miles

  • Citgo

    1.96 miles

  • Truck Parking

    4.50 miles

  • Holiday Inn Express & Suites Smithfield - Selma I-95

    0.17 miles

  • Comfort Inn Smithfield Near I-95

    0.20 miles

  • Country Inn & Suites, Smithfield-Selma, NC

    0.22 miles

  • Sleep Inn & Suites

    0.24 miles

  • Tru

    0.25 miles

  • Fairfield Inn & Suites Smithfield Selma/I-95

    0.26 miles

  • Best Western Smithfield Inn

    0.28 miles

  • Baymont Smithfield

    0.29 miles

  • Super 8 by Wyndham Smithfield

    0.31 miles

  • Americas Best Value Inn Smithfield

    0.62 miles

  • Kobe Japanese Steak House

    0.14 miles

  • Yummi Japan

    0.22 miles

  • Live Crawfish & Seafood

    0.23 miles

  • Subway

    0.24 miles

  • From the Ashes

    0.24 miles

  • Auntie Anne's

    0.24 miles

  • San Marcos Mexican Restaurant

    0.26 miles

  • The General's Shake Shak

    0.27 miles

  • Buffalo Wild Wings

    0.27 miles

  • Firehouse Subs

    0.30 miles

  • Johnston Community College

    0.79 miles

  • Innovation Academy at South Campus

    1.26 miles

  • Smithfield-Selma High School

    1.33 miles

  • Smithfield Middle School

    1.57 miles

  • Smithfield Elementary School

    1.76 miles

  • South Smithfield Elementary School

    2.31 miles

  • Harrison Jr High School

    2.42 miles

  • Selma Elementary School

    3.03 miles

  • Micro-Pine Level Elementary School

    4.07 miles

  • West Smithfield Elementary School

    4.95 miles

  • Kiddie Kollege of Canterbury

    0.63 miles

  • Kiddie Kollege of Berkshire

    0.68 miles

  • A Child's Place

    1.16 miles

  • Childcare Network (formerly Wee School Child Development Centers)

    1.79 miles

  • Playmates Child Care & Development Center - Campus 2

    4.29 miles

  • Kids Country Day Care

    4.92 miles

  • Childcare Network

    9.17 miles

  • Princeton Day Care

    9.31 miles

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Contact Listing Broker
broker
Teresa Daughtry

Partners Commercial Realty

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