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
--baths
5Acres
Unimproved Land, Land
Built in ----
5 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Exceptional visibility
- 61 days |
- 130 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: January 26, 2026 at 10:22am
Listed by:
L. Calvin Ramsey 919-573-4550,
Ramsey Realtors Team Inc
Source: Doorify MLS,MLS#: 10143111
Facts & features
Property
Features
- Fencing: None
- Has view: Yes
Lot
- Size: 5 Acres
- Dimensions: 510 x 24 x 145 x 193 x 89 x 667 x 399
- Features: Hardwood Trees, Level, Wooded
Details
- Additional structures: None
- Parcel number: 161703301769000 0047398
- Zoning: HD
- Special conditions: Standard
- Horses can be raised: Yes
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
- Subdivision: Not in a Subdivision
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
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,528/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/26/2026 | Listed for sale | $750,000+400% |
Source:  Doorify MLS #10143111 Report a problem | ||
| 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
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
BuyAbility℠ payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Neighborhood: 27603
Nearby schools
GreatSchools rating
- 7/10Rand Road ElementaryGrades: PK-5Distance: 4.4 mi
- 2/10North Garner MiddleGrades: 6-8Distance: 8.6 mi
- 8/10South Garner HighGrades: 9-12Distance: 4.8 mi
Schools provided by the listing agent
- Elementary: Wake - Rand Road
- Middle: Wake - North Garner
- High: Wake - South Garner
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 27603
- North Carolina
- Wake County
- Raleigh
- 27603
- 4921 State Highway 42
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