10.5 Acre Land
For Sale
Contact for pricing
U.S Hwy-1 and Hwy 56 Interchange, Franklinton, NC 27525
10.5 acre land suitable for hotel, retail, office.
Property Size3,412 SF
Lot Size10.50 Acres
Price / SF$1,099
Days on Market1910
Property Features for U.S Hwy-1 and Hwy 56 Interchange
General Information
Standard status
Active
Size
3,412 SF
Lot size
10.50 Acres
Property subtype
Land
Zoning
Highway Commercial
Listing Agency:
Brassfield
(919) 494-4040
Listed By:
Mark McArn · License #NC 201561
Source:
Crexi
Added: May 30, 2021
Changed: Aug 13
Last Checked: Aug 20 at 7:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brassfield
Investment Insights
Based on property information with market context.
This 10.5-acre land opportunity is suited for hotel, retail, office, storage, or convenience store development. The property features 820 feet of road frontage and mostly flat topography. City water and sewer services are available. The owner is willing to subdivide the land. There are two existing retail buildings on the property: a 3412-square-foot vacant restaurant and a 2517-square-foot multi-tenant building that is currently income-producing. The property is located within the Franklin County ETJ, situated in the southwest corner of the U.S. 1 Highway and Highway 56 interchange. It is located 7 miles north of Wake County, 17 miles to Raleigh city limits, 25 miles to Durham, and 22 miles to I-85 in Henderson.
Key Highlights
- Prime location at the U.S. 1 Hwy and Hwy 56 interchange, offering high visibility and accessibility.
- Versatile 10.5‑acre land suitable for hotel, retail, office, storage, or convenience store development.
- City water and sewer available, simplifying development processes.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
80
Businesses Nearby
Explore this area
Business Placement
Demographics for 27525, NC
16,684
Population
7,071
Households
2.4
Avg Household Size
40
Median Age
27%
College-Educated
91%
High-School Grad
93.8 sq mi
ZIP Area
178
Density / Sq Mi
$68,847
Median Household Income
$44,701
Median Earnings
$1,011
Median Rent
$258,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 10.5 acre land suitable for hotel, retail, office.
Where is this commercial land located?
The property is located at U.S Hwy-1 and Hwy 56 Interchange Franklinton, NC.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Prime location at the U.S. 1 Hwy and Hwy 56 interchange, offering high visibility and accessibility.; Versatile 10.5‑acre land suitable for hotel, retail, office, storage, or convenience store development.; City water and sewer available, simplifying development processes.
