3096 E Us 70 Bus E, Smithfield, NC 27577

Property Description

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.