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    2002 Sagamore Dr Louisburg, NC 27549

    Sponsored
    For Sale
    Contact for pricing

    LAND - Louisburg, NC

    Lot size:
    0.40 Acres
    Days on Market:
    38
    Last Refresh:
    Jan 7 at 11:06 pm

    Property Features for 2002 Sagamore Dr

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Vegetation
    Wooded
    Zoning
    FCO R-30
    APN
    022198
    Lot size
    0.40 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Septic Needed

    Folks Properties (803) 235-1375 [email protected]

    Listing agent Marcy Lynne Rozelle (919) 522-3077

    Listing date Dec 1, 2025

    MLS# 10106903 Listing URL

    Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake Royale Land Parcel

    This 0.40-acre parcel is located in the Lake Royale community and is ready for construction. Soil test results are available. The community centers on a 345-acre lake suitable for boating, fishing, and swimming. Community amenities include two beaches, a lakeside clubhouse, a pool, tennis and basketball courts, an outdoor fitness park, wooded trails, and a campground designed for RVs. Property owners receive two free memberships to The River 18-Hole Golf Course. The property is conveniently located near major commuter routes, providing access to Wake Forest, Raleigh, Durham, and Chapel Hill. The location also allows for weekend trips to the NC Coast, Blue Ridge Mountains, and NC Zoo.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Building Supply Auto Repair Shop Computer & Electronic Repair Electronics Store Convenience Store Storage Facility Italian Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Louisburg
    County
    Franklin
    State
    North Carolina
    Longitude
    -78.185815
    Latitude
    35.960948

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    FAQs

    What type of property is this?
    Land - Build-ready 0.40-acre parcel in Lake Royale community.
    Where is this land located?
    The property is located at 2002 Sagamore Dr Louisburg, NC.
    What is the asking price?
    The asking price for this property is $19,800.
    What are key features of this property?
    This property features: - Build-ready .40-acre parcel in Lake Royale community.; - Enjoy access to a 345-acre lake for boating, fishing, and swimming.; - Two free memberships to The River 18-Hole Golf Course.
    (919) 522-3077
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    2002 Sagamore Dr Louisburg, NC 27549
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2002 Sagamore Dr Louisburg, NC 27549
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