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7 photos

$4,245,000

236 Magnolia Drive, 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

This exceptional land offering at 236 Magnolia Drive presents a rare opportunity for disciplined investors seeking a clean slate for future development. The parcel's flat topography and generous frontage on Magnolia Drive ensure flexible access and site planning options, while mature trees along the perimeter provide natural buffering. With utilities available nearby, the lot is primed for immediate entitlement work, allowing creative users to pursue a range of commercial or mixed-use concepts. Carefully positioned within an established corridor, the site benefits from a professional presentation and visibility that underscores its long-term value.

Property details

MLS #
10187618
Property type
Unimproved Land
Subdivision
Not in a Subdivision
Status
Active
Days on market
6
On market date
August 20, 2026
Stories
N/A
Garage spaces
N/A
Lot size
38 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
South Smithfield Elementary
2.27 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
1.48 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
1 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

Mortgage calculator

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Est. monthly payment
$25,714/mo
$849,000 down
$3,396,000 loan
Principal & interest$22,026
Property tax (est.)$3,538
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 6 days ago.

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.