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    Cleghorn Us 1 Hwy Youngsville, NC 27596

    Sponsored
    For Sale
    $3,500,000

    High-traffic US-1, Mixed-Use Zoning

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 31-acre commercial property boasts a prime location on US Highway 1 in Youngsville, North Carolina. The property offers 1,350 feet of highway frontage, a highly desirable median cut for easy access, and is zoned for mixed-use development, presenting significant investment potential. Currently generating a substantial annual income of $92,400 from an established mobile home park, this asset offers immediate cash flow. The high-traffic location sees an estimated 25,000 vehicles daily, ensuring excellent visibility and accessibility for any future development. The property's proximity to shopping centers and new schools adds to its appeal, while its strategic position directly across US-1 from the planned Franklin Regional hospital site promises significant future growth and value appreciation. An additional 50 acres are available through cooperating landowners, offering potential for expansion. All utilities are readily available, simplifying development plans. This is a rare opportunity to acquire a large, income-producing commercial parcel in a rapidly developing area with exceptional visibility and future growth potential. The combination of existing income, prime location, and mixed-use zoning makes this an attractive investment for both developers and long-term investors seeking strong returns.

    Property Features for Cleghorn Us 1 Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    1,350,360 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Youngsville
    County
    Franklin
    State
    North Carolina
    Longitude
    -78.4555
    Latitude
    36.0143

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic US-1, Mixed-Use Zoning
    Where is this commercial real estate located?
    The property is located at Cleghorn Us 1 Hwy Youngsville, NC.
    What is the asking price?
    The asking price for this property is $3,500,000.
    (919) 494-4040
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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
    Cleghorn Us 1 Hwy Youngsville, NC 27596
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