02-line 2 - 509 E Market Street, Smithfield, NC 27577, Smithfield
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
117
On market date
June 17, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
2.5 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.

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

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).

68
Walkable
out of 100
EPA National Walkability Index
10.7 / 20 -- Above average walkable
Google Places amenity density
90 / 100
Restaurants & cafes20
Grocery stores8
Parks4
Schools10
Transit stops0
Pharmacies6

Market position

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

On the market 117 days -- 3 fewer days than Smithfield's current average of 120 days.
For reference, the median list price across 302 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
$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.