0 Hill Rd Smithfield, NC 27577
This exceptional 144.4-acre property presents a remarkable development opportunity in the rapidly expanding Smithfield, North Carolina area. Located on Hill Road, with APN 260200-89-5175, this expansive land parcel is zoned for both residential and agricultural uses, offering significant flexibility for a variety of projects. The property's substantial size allows for the creation of a large-scale residential community, taking advantage of the area's robust growth trajectory. Alternatively, the agricultural zoning opens doors for diverse farming ventures or complementary land uses. Situated in Johnston County, this location benefits from convenient access to major transportation routes and amenities, making it an attractive proposition for both developers and investors. The asking price is $9,950,000. Detailed zoning information and development potential can be explored further. This is a rare chance to acquire a significant land holding in a high-growth region of North Carolina. The property's strategic location and versatile zoning make it an ideal investment for those seeking substantial returns in a thriving market. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.