Prime 5-Acre Commercial/Development Opportunity
4921 N NC Highway 42, Raleigh, NC | Wake County
Welcome to a rare 5-acre development opportunity located at the major intersection of NC Highway 42 and NC Highway 50, offering exceptional visibility, access, and long-term growth potential in one of the Triangle's most rapidly expanding corridors.
Situated in Wake County just minutes from the Johnston County line, this property uniquely captures the demand, traffic, and momentum of both markets — delivering the best of Wake County stability and Johnston County affordability and growth.
With quick connectivity to I-40 and I-540, the site provides seamless access to Raleigh, Garner, Clayton, and the greater Triangle region, making it ideal for a wide range of commercial, mixed-use, or high-demand service-oriented development concepts.
Surrounded by accelerating residential growth, expanding commercial nodes, and strong traffic counts, this highly visible corner location is perfectly positioned for:
Retail or service commercial
Medical or office use
Mixed-use concepts
QSR or fuel/convenience
Institutional or community-oriented uses
This property offers the rare combination of scale, location, access, and flexibility, making it a standout opportunity for developers, investors, and owner-users seeking a strategic foothold in one of North Carolina's most active growth corridors.
Highlights:
5 acres at signalized intersection of NC 42 & NC 50
Wake County address with immediate proximity to Johnston County
Minutes to I-40 & I-540
High visibility and strong traffic exposure
Ideal for commercial or mixed-use development
Surrounded by residential and commercial growth
Lot/land
$750,000
4921 State Highway 42, Raleigh, NC 27603
--beds
0baths
5Acres
Unimproved Land
Built in ----
5 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Exceptional visibility
- 236 days
- 89
- 6
Zillow last checked:
Listing updated:
Listed by:
L. Calvin Ramsey 919-573-4550,
Ramsey Realtors Team Inc
Source: Doorify MLS,MLS#: 10143111
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Fencing: None
Lot
- Size: 5 Acres
- Dimensions: 510 x 24 x 145 x 193 x 89 x 667 x 399
- Features: Level, Wooded, Hardwood Trees
- Residential vegetation: Wooded
Details
- Additional structures: None
- Parcel number: 161703301769000 0047398
- Zoning: HD
- Special conditions: Standard
- Other equipment: None
- Horse amenities: None
Utilities & green energy
- Sewer: Septic Needed, Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available, Water Available
Community & HOA
Community
- Features: None
HOA
- Has HOA: No
- Amenities included: None
- Services included: None
Location
- Region: Raleigh
Financial & listing details
- Tax assessed value: $250,000
- Annual tax amount: $1,599
- Date on market: 1/26/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 1/26/2026 | Listed for sale | $750,000+400% |
Source: | ||
| 9/24/2020 | Sold | $150,000+66.7% |
Source: Public Record Report a problem | ||
| 2/6/2015 | Sold | $90,000-28% |
Source: Public Record Report a problem | ||
| 1/18/2014 | Listing removed | $125,000 |
Source: Select Premium Properties, Inc. #1901705 Report a problem | ||
| 9/18/2013 | Listed for sale | $125,000+26.3% |
Source: Select Premium Properties, Inc. #1901705 Report a problem | ||
| 8/2/2013 | Listing removed | $99,000 |
Source: Select Premium Properties, Inc. #1901705 Report a problem | ||
| 7/18/2013 | Listed for sale | $99,000+16.5% |
Source: Select Premium Properties, Inc. #1901705 Report a problem | ||
| 11/1/2011 | Sold | $85,000-10.5% |
Source: Public Record Report a problem | ||
| 8/18/2011 | Listed for sale | $95,000-17.4% |
Source: ERA Pacesetters realty #1798482 Report a problem | ||
| 6/6/2011 | Listing removed | $115,000 |
Source: ERA Pacesetters realty #1780052 Report a problem | ||
| 5/21/2011 | Price change | $115,000-8% |
Source: ERA Pacesetters realty #1780052 Report a problem | ||
| 1/15/2011 | Listed for sale | $125,000 |
Source: Vflyer #1751918 Report a problem | ||
| 8/21/2010 | Listing removed | $125,000 |
Source: Vflyer #1741932 Report a problem | ||
| 8/14/2010 | Price change | $125,000-13.8% |
Source: Vflyer #1741932 Report a problem | ||
| 8/1/2010 | Listed for sale | $145,000-35.6% |
Source: Vflyer #1741932 Report a problem | ||
| 7/2/2008 | Listing removed | $225,000 |
Source: ERA #950334 Report a problem | ||
| 5/14/2008 | Price change | $225,000+15.4% |
Source: ERA #950334 Report a problem | ||
| 4/28/2008 | Price change | $195,000-13.3% |
Source: Z57 #950334 Report a problem | ||
| 12/3/2007 | Listed for sale | $225,000 |
Source: ERA #950334 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,599 +3% | $250,000 |
| 2024 | $1,553 +49.9% | $250,000 +88.3% |
| 2023 | $1,035 +8% | $132,800 |
| 2022 | $959 +2.8% | $132,800 |
| 2021 | $933 +1.7% | $132,800 |
| 2020 | $918 -9.2% | $132,800 +7.4% |
| 2019 | $1,010 | $123,700 -5.7% |
| 2018 | -- | $131,200 |
| 2017 | $933 | $131,200 -14.6% |
| 2016 | -- | $153,700 -9.3% |
| 2015 | $1,197 +5.4% | $169,540 |
| 2014 | $1,136 | $169,540 |
| 2013 | -- | $169,540 |
| 2012 | -- | $169,540 |
| 2011 | -- | $169,540 |
| 2010 | -- | $169,540 |
| 2009 | -- | $169,540 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 27603
Nearby schools
Schools provided by the listing agent
- Elementary: Wake - Rand Road Elementary
- Middle: Wake - North Garner Middle
- High: Wake - South Garner High
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







