3 months on rocket

77 Ferrall Dr, Smithfield, NC, 27577

$2,500,000

13.29 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeIndustrial
MLS #100464905
Lot Size13.29 Acres
StatusActive

About 77 Ferrall Dr

Great Investment opportunity! 13.29 Acres of Light Industrial zoned land perfectly positioned in rapidly growing Johnston County. Located within a designated Opportunity Zone, this parcel offers significant potential for development or a build-to-suit project. Water, Sewer, Electric Available. Yield Studies available. This property offers the perfect balance of location, infrastructure and growth potential.

Property Details

Property Features

Listing Office:

  • Office Name: Harris Realty & Land, LLC

Lot Features

Lot Information:

  • Lot Size: 13.29 Acres

Other

Directions Information:

  • Directions: From I-40 E take Exit 306 toward Clayton onto US-70 Business E. Continue onto E Market St. toward Smithfield. Make a U-turn at Rose Manor onto W Market St. Turn Right onto Ferrall Dr. Property is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000
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Housing Market Comparison

See how this home compares to others in Smithfield, NC.

Med. Sold Price

$319.9K

Med. Price/SqFt

$190

Avg. Days On Market

117

# of Sold Homes

27

77 Ferrall Dr vs Smithfield

103 DAYS ON ROCKET

-14 Days

$2,500,000

+$2.1M More

KEY TAKEAWAY

This property is $2.1M more than the Median Sold Price in Smithfield, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100464905

Listing Office:

  • Office Name: Harris Realty & Land, LLC

IDX Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/19/2024, 3:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-156452
7
/10
  • Polenta Elementary School

  • 105 Josephine Rd

  • 2.50 miles

  • Public District Grades PK-5

school-card-donut-156453
8
/10
  • Cleveland Elementary School

  • 10225 Cleveland Rd

  • 4.35 miles

  • Public District Grades PK-5

school-card-donut-156454
5
/10
  • West Smithfield Elementary School

  • 2665 Galilee Rd

  • 5.06 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,783. The majority of Smithfield, NC residents have income between $35k-100k annually. Typical family type is married, with kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 77 Ferrall Dr

What is the listing price of this property?

The listing price of 77 Ferrall Dr property is $2,500,000.

What type of property is this?

The property 77 Ferrall Dr is land located in Smithfield, North Carolina, 27577.

Is this property for sale now?

Active Listing: 77 Ferrall Dr is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 77 Ferrall Dr is 13.29 acres.
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Rocket HomesNorth CarolinaJohnston CountySmithfield2757777 Ferrall Dr

This home is located at 77 Ferrall Dr in Smithfield, NC and zip code 27577. This home sits on a 13.29 acre lot. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $2,500,000.

In November 2024, from all listings sold in Smithfield, NC there were more than 8 sold above asking price, over 8 sold below and more than 11 were sold right at the asked price. In November 2024 in Smithfield, NC there were 7.8% more homes for sale than in October 2024. In November 2024, listings were on the market for 117 days. During the same period, the median list price in this real estate market was $319,900.

From Rocket Homes Real Estate and based on county public records data.

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