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For Sale

Large tract for future development 38 ac.

236 Magnolia Drive,
Smithfield, NC 27577

Asset Snapshot

38.00 Acres
Land Area

Offering Summary

Investment Overview

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.


Investment Highlights

  • Generous frontage along Magnolia Drive enhances visibility
  • Level terrain simplifies site planning and construction
  • Utilities accessible at the property line
  • Mature tree lines offer natural screening
  • Ready for entitlement and permitting efforts
  • Ideal for commercial or mixed-use concepts
  • Opportunity for long-term land investment growth
  • Professional presentation suited to institutional buyers
  • Minimal site disturbance required for development
  • Flexible parcel configuration accommodates varied programs

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Listing Syndicated From

Buildout
For Sale
$4,245,000
Asking Price