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    Us-401 Louisburg, NC 27549

    Sponsored
    For Sale
    $440,000

    High-traffic retail land, 3.66 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 3.66-acre commercial land parcel presents a phenomenal retail investment opportunity in Louisburg, North Carolina. Located on US-401, a high-traffic corridor boasting 23,000 vehicles per day, this property offers unparalleled visibility and accessibility. The site is zoned for Highway Business use within the Town of Louisburg, allowing for a wide range of commercial development possibilities. Its prime location directly adjoins a cluster of established retailers, including major national brands such as Walmart, Walgreens, and Truist Bank, as well as local favorites like Bojangles and Moss Foods. This strategic adjacency ensures high foot traffic and strong brand synergy, creating an ideal environment for a thriving business. The asking price for this exceptional property is $440,000. Given its size, location, and the existing retail concentration, this parcel represents a rare and compelling investment opportunity in a rapidly growing area. Serious inquiries are encouraged to explore the potential of this remarkable commercial land offering. The property is located in Franklin County, North Carolina, with a zip code of 27549. The precise coordinates are latitude 36.082531 and longitude -78.3160328.

    Property Features for 0 Us-401

    General Information

    Property type
    Land
    Lot Size
    159,430 SF

    HighLights

    • 3.66‑acre commercial land parcel in Louisburg, NC.
    • High‑traffic location on US‑401 (23,000 VPD).
    • Highway Business zoning allows diverse commercial development.
    • Adjacent to Walmart, Walgreens, Truist Bank, and other established retailers.
    • Asking price: $440,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Louisburg
    County
    Franklin
    State
    North Carolina
    Longitude
    -78.3160328
    Latitude
    36.082531

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    FAQs

    What type of property is this?
    Land - High-traffic retail land, 3.66 acres.
    Where is this land located?
    The property is located at Us-401 Louisburg, NC.
    What is the asking price?
    The asking price for this property is $440,000.
    What are key features of this property?
    This property features: 3.66-acre commercial land parcel in Louisburg, NC.; High-traffic location on US-401 (23,000 VPD).; Highway Business zoning allows diverse commercial development.
    (919) 281-2318
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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
    Us-401 Louisburg, NC 27549
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