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0 Ogburn Road

56 Acres of Residential Land Offered at £1,400,869 in Smithfield, NC 27577

Investment Highlights

  • Close proximity to major transportation routes
  • Variety of development possibilities

Executive Summary

A unique opportunity for developers & builders to create a thriving residential community in PRIME location! Nearby to variety of shopping, dining, and entertainment options! Easy access to Hwys 540 (Toll), 40, 70.

Property Facts

Price £1,400,869
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 56.00 AC

1 Lot Available

Lot

Price £1,400,869
Price Per AC £25,016
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.)
R-20 (Currently zoned R-20 for residential use - a unique opportunity for developers & builders.)
  • Listing ID: 33138153

  • Date on Market: 12/06/2023

  • Last Updated:

  • Address: 0 Ogburn Road, Smithfield, NC 27577

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