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    US-1 Land Franklinton, NC 27525

    For Sale
    Contact for pricing

    42 Acres, Fully Graded, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 42.22-acre commercial land parcel presents a unique investment opportunity in the rapidly expanding area north of Wake Forest, North Carolina. Located in Franklinton, Franklin County, and easily accessible via US-1, this property boasts a PD zoning designation, allowing for a diverse range of commercial uses. These permitted uses include retail establishments, office spaces, flexible-use buildings, and medical facilities, providing significant development flexibility. The site has undergone complete grading, simplifying the development process and minimizing upfront costs. Infrastructure is already in place, with a 15-inch water main readily available and situated at the front of each commercial lot, ensuring convenient access to essential utilities. Furthermore, three sewer stubs are installed and connected to pump stations, eliminating a significant hurdle in the development timeline. The property's location in a high-growth area, combined with its comprehensive infrastructure and flexible zoning, makes it an ideal site for a variety of commercial ventures. The address is US-1 Land, Franklinton, NC 27525. This prime location offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a strategic foothold in a thriving market. The property's size and features make it suitable for large-scale development projects or subdivision into smaller commercial lots.

    Property Features for US-1 Land

    General Information

    Property type
    Land
    Lot Size
    1,839,103 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Franklinton
    County
    Franklin
    State
    North Carolina
    Longitude
    -78.464295
    Latitude
    36.1055947

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    FAQs

    What type of property is this?
    Land - 42 Acres, Fully Graded, Prime Location
    Where is this land located?
    The property is located at US-1 Land Franklinton, NC.
    (919) 494-4040
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    US-1 Land Franklinton, NC 27525
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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-1 Land Franklinton, NC 27525
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