Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Hwy 401 Louisburg, NC 27549

    Sponsored
    For Sale
    $2,200,000

    16.6 Acres, $2.2M, Louisburg, NC

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 16.6-acre commercial land parcel presents a unique investment opportunity in Louisburg, North Carolina. Located directly adjacent to a variety of retail establishments, this property boasts unparalleled access to S. Main Street, ensuring high visibility and convenient access for businesses. The asking price is $2,200,000, translating to $132,530 per acre. The property is zoned R1 by the Town of Louisburg, offering flexibility for a range of commercial developments. Utilities are readily available, including public water, sewer, and gas, simplifying the development process. The property's strategic location in Franklin County, NC, and its convenient access to Hwy 401, make it an ideal site for businesses seeking high traffic and visibility. The parcel's size and zoning provide ample opportunity for a variety of commercial uses. The APN is 2805-21-2007. This prime location offers significant potential for substantial return on investment. Don't miss this chance to acquire a highly desirable commercial property in a thriving North Carolina community. The property is situated at HWY 401, Louisburg, NC 27549.

    Property Features for 0 Hwy 401

    General Information

    Property type
    Land
    Lot Size
    723,096 SF

    HighLights

    • 16.6‑acre site.
    • $2,200,000 asking price.
    • R2 zoning in Louisburg, Franklin County.
    • Public water, sewer, and gas available.
    • Prime Louisburg location with Main Street access.
    • Excellent access to S. Main Street.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Louisburg
    County
    Franklin
    State
    North Carolina
    Longitude
    -78.2476146
    Latitude
    36.0730279

    Nearby Similar for Sale

    • New
      $89,900
      0.17 Acres

      Lake Royale Waterfront Land

      Waterfront land with camper and kayaks at Lake Royale.
      1507 Sagamore Dr, Louisburg, NC 27549
      View Details
    • $79,900
      0.14 Acres

      Lake Royale Resort Lot

      Improved lot with two campers in gated Lake Royale community.
      171 Winnebago Loop, Louisburg, NC 27549
      View Details
    • $75,000
      0.28 Acres

      Lake Royale Weekend Retreat

      Camper with addition near Lake Royale amenities.
      108 Geronimo Dr, Louisburg, NC 27549
      View Details
    • $75,000
      0.28 Acres

      Lake Royale Weekend Retreat

      Weekend retreat near Lake Royale amenities in Louisburg, North Carolina.
      108 Geronimo Dr, Louisburg, NC 27549
      View Details
    • $199,900
      0.28 Acres

      Lake Royale Tiny Home and Lot

      Tiny home in gated community with lake access and amenities.
      111-113 Red Oak Dr, Louisburg, NC 27549
      View Details
    • $69,999
      0.19 Acres

      Louisburg, NC Land with Camper

      Multi-use lot with camper in Lake Royale community.
      131 Winnebago Loop, Louisburg, NC 27549
      View Details
    • $149,900

      Lake Royale RV with Build-Over

      2014 Airstream RV under build-over with lake view.
      109-111 Geronimo, Louisburg, NC 27549
      View Details
    • $50,000

      Lake Royale Golf Course Opportunity

      18-hole golf course with pro shop, restaurant, and lakeside amenities.
      118 Rustler Rd, Louisburg, NC 27549
      View Details
    • $250,000
      1,506 SF

      New Home on Large Lot

      Move-in ready home with open concept design on almost acre.
      35 Jonesville Ln, Louisburg, NC 27549
      View Details
    • $89,500
      1.00 Acre

      Louisburg, NC Land Opportunity

      One-acre lot with mobile home and forest surroundings.
      1539 Schloss Rd, Louisburg, NC 27549
      View Details
    • $110,000
      1.26 Acres

      Prime Louisburg Commercial Land

      1.26 Acres, Highway Business Zoning
      Sledge Rd, Louisburg, NC 27549
      View Details
    • $1,500,000
      18,040 SF

      Louisburg Senior Living Facility

      64-bed facility, 4 acres, vacant.
      361 Leonard Rd, Louisburg, NC 27549
      View Details

    FAQs

    What type of property is this?
    Land - 16.6 Acres, $2.2M, Louisburg, NC
    Where is this land located?
    The property is located at Hwy 401 Louisburg, NC.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: 16.6-acre site.; $2,200,000 asking price.; R2 zoning in Louisburg, Franklin County.
    Request Owner's contact information
    Hwy 401 Louisburg, NC 27549
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Hwy 401
    Louisburg, NC 27549
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Hwy 401 Louisburg, NC 27549
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.