SITE with annotations - 230 N Equity Drive, Smithfield, NC 27577, Smithfield
230NEquity13 - 230 N Equity Drive, Smithfield, NC 27577, Smithfield
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Front Entrance - 230 N Equity Drive, Smithfield, NC 27577, Smithfield
Front Entrante Right - 230 N Equity Drive, Smithfield, NC 27577, Smithfield
Front Entrance Left - 230 N Equity Drive, Smithfield, NC 27577, Smithfield
Front Entrance Outside View - 230 N Equity Drive, Smithfield, NC 27577, Smithfield
Front Left Small Room - 230 N Equity Drive, Smithfield, NC 27577, Smithfield
Front Left Small Room 2 - 230 N Equity Drive, Smithfield, NC 27577, Smithfield
Small Room Right - 230 N Equity Drive, Smithfield, NC 27577, Smithfield
Small Room Mid - 230 N Equity Drive, Smithfield, NC 27577, Smithfield
Entering Large Rear Space - 230 N Equity Drive, Smithfield, NC 27577, Smithfield
Large Rear Space Right Interior - 230 N Equity Drive, Smithfield, NC 27577, Smithfield
Large Rear Space Right - 230 N Equity Drive, Smithfield, NC 27577, Smithfield
Large Rear Space Back - 230 N Equity Drive, Smithfield, NC 27577, Smithfield
Large Rear Space Left - 230 N Equity Drive, Smithfield, NC 27577, Smithfield
230NEquity3 - 230 N Equity Drive, Smithfield, NC 27577, Smithfield
26 photos

$1,950,000

230 N Equity Drive, Smithfield, NC 27577
Smithfield, NC 27577
Listed by Michelle Waite · Century 21 Triangle Group
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1994

About this home

Exceptional commercial opportunity in Johnston County's premier retail corridor -- 15,616 SF building situated directly adjacent to Carolina Premium Outlets and Smithfield Cinemas on US-301, with immediate I-95 access at Exit 95. Formerly home to the Johnston County Board of Education, this property sits on 2.42 acres with a circle drive, 71 parking spaces (4.5/1,000 SF), and one roll-up door -- a versatile combination rarely found in this market. The interior is a blank canvas ready for a visionary buyer's build-to-suit vision. Top uses include specialty retail or showroom, event/conference space, medical or professional office, and government or creative studio. Zoned CX/B1. The location is unmatched. More than 10 national-brand hotels -- Hampton Inn, Tru by Hilton, Fairfield by Marriott, Holiday Inn Express, Country Inn & Suites, and more -- along with a dense restaurant corridor including Cracker Barrel, Golden Corral, Panera Bread, and the Old North State Food Hall. Johnston County has grown 47.9% since 2010 -- faster than Wake, Durham, and Orange counties -- and demand for commercial space is outpacing supply.

Property details

MLS #
10166914
Property type
Retail
Subdivision
N/A
Status
Active
Days on market
144
On market date
May 13, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
2.42 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
South Smithfield Elementary
2.23 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
1.6 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
0.92 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

Walkability

Blended score for Smithfield's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

50
Somewhat walkable
out of 100
EPA National Walkability Index
8.5 / 20 -- Below average walkable
Google Places amenity density
60 / 100
Restaurants & cafes20
Grocery stores5
Parks0
Schools2
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Smithfield, from live MLS data.

On the market 144 days -- 30 more days than Smithfield's current average of 114 days.
For reference, the median list price across 249 active listings in Smithfield right now is $340,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$11,893/mo
$390,000 down
$1,560,000 loan
Principal & interest$10,118
Property tax (est.)$1,625
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.