0 Ogburn Road

56 Acres of Residential Land Offered at $1,775,500 in Smithfield, NC 27577

INVESTMENT HIGHLIGHTS

  • Close proximity to major transportation routes
  • Nearby to variety of shopping, dining, and entertainment options!
  • Variety of development possibilities
  • Easy access to Hwys 540 (Toll), 40, 70.

EXECUTIVE SUMMARY

A unique opportunity for developers & builders to create a thriving residential community in PRIME location!

PROPERTY FACTS

Price $1,775,500
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Hold For Development
  • Master Planned Community
  • Single Family Development
Total Lot Size 56.00 AC

1 LOT AVAILABLE

Lot

Price $1,775,500
Price Per AC $31,705.36
Lot Size 56.00 AC

56 Acre lot with approximately +/- 25 cleared acres, some forested acres.

DESCRIPTION

This beautiful 56-acre parcel of land is located in the heart of Smithfield, North Carolina. Currently zoned for R-20 residential use, this property offers a unique opportunity for developers and builders to create a thriving residential community in a prime location. The land is mostly level and has a mix of wooded and open areas, providing a blank canvas for a variety of development possibilities. With ample space for residential homes, community amenities, and green spaces, this property is ideal for those seeking to create a vibrant and thriving community. The property has an easement for a private road and it will need septic. Overall, this 56-acre parcel of land offers a unique opportunity to create a new residential community in a prime location that is close to major transportation hubs, Smithfield Regional Airport, an Amazon distribution center, and other employment centers. It is also just a short distance from downtown Smithfield, where residents can enjoy a variety of shopping, dining, and entertainment options.

ZONING

Zoning Code R-20 (Currently zoned R-20 for residential use - a unique opportunity for developers & builders. Medium density)
  • Listing ID: 33138153

  • Date on Market: 6/12/2023

  • Last Updated:

  • Address: 0 Ogburn Road, Smithfield, NC 27577