Listing Agency: CAROLINA LIFE & HOMES REALTY L Show Phone

Listed By: KATHERINE FALK

Source: Corcoran

Added: Jun 23, 2025 Changed: Aug 8 Last Checked: Jul 16 at 5:49AM

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Investment Insights

Based on property information with market context.

This property features a corner lot spanning over 3/4 of an acre within the Lake Royale community. The land benefits from its convenient location near the entrance and a boat launch. Lake Royale is a gated community featuring a 345-acre lake, beach area, and pavilion. An 18-hole golf course is also available.

Key Highlights

• Over 3/4 acre corner lot
• In desirable Lake Royale gated community
• Access to 345 acre lake

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Garden Center Daycare Center Discount Store Nursing Home Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

16

Businesses Nearby

Explore this area Business Placement

Demographics for 27549, NC

24,558

Population

11,326

Households

2.2

Avg Household Size

43

Median Age

20%

College-Educated

85%

High-School Grad

231.7 sq mi

ZIP Area

106

Density / Sq Mi

$63,534

Median Household Income

$36,782

Median Earnings

$954

Median Rent

$191,400

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Land - Over 3/4 acre corner lot in Lake Royale.

Where is this land located?

The property is located at 100 Cherokee Louisburg, NC.

What is the asking price?

The asking price for this property is $40,000.

What are key features of this property?

This property features: Over 3/4 acre corner lot; In desirable Lake Royale gated community; Access to 345 acre lake