1 photo

$1,800,000

509 E Market Street, Smithfield, NC 27577

Smithfield, NC 27577

Listed by Teresa Daughtry · Harris Realty & Land, LLC

Bedrooms

N/A

Bathrooms

N/A

Living area

N/A

Year built

N/A

About this home

Rare opportunity to secure a premier investment parcel at 509 E.Market Street. This level tract delivers a blank canvas for visionary development with an expansive footprint that lends itself to retail, office, or mixed-use concepts. Design-friendly dimensions allow for flexible site planning, while direct street frontage maximizes visibility and access. The property benefits from existing utility connections nearby, simplifying entitlements and build-out timelines. Ideal for a land investor seeking a thoughtfully situated asset ready for immediate positioning in a growing corridor.

Property details

MLS #: 10174576
Property type: Unimproved Land
Subdivision: Not in a Subdivision
Status: Active
Days on market: 70
On market date: June 17, 2026
Stories: N/A
Garage spaces: N/A
Lot size: 2.5 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary

South Smithfield Elementary

1.08 mi away · Grades -1-5

Zoned school (attendance boundary, 2015-16 data)

2.6

Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating

State rating: D (2025)

Enrollment: 484
Student:teacher ratio: 12.1:1
District: Johnston County Public Schools

Middle

Smithfield Middle

1.4 mi away · Grades 6-8

Zoned school (attendance boundary, 2015-16 data)

1.9

Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating

State rating: F (2025)

Enrollment: 556
Student:teacher ratio: 12.1:1
District: Johnston County Public Schools

High

Johnston Co Early College Academy

0.78 mi away · Grades 9-13

Zoned school (attendance boundary, 2015-16 data)

3.8

Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating

State rating: A (2025)

Enrollment: 278
Student:teacher ratio: 30.9:1
District: Johnston County Public Schools

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Est. monthly payment

$10,990/mo

$360,000 down

$1,440,000 loan

Principal & interest$9,340

Property tax (est.)$1,500

Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated July 18, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.