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    Us-401 Louisburg, NC 27549

    Sponsored
    For Sale
    $1,200,000

    High-traffic US-401 retail land, 2.3 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    Exceptional commercial land opportunity awaits in Louisburg, North Carolina. This 2.3-acre parcel is strategically located on US-401, a high-traffic corridor boasting an average daily traffic count of 23,000 vehicles. The property is zoned for Highway Business use by the Town of Louisburg, offering a wide range of development possibilities. Its prime location places it directly adjacent to a thriving retail cluster, including major national brands such as Walmart, Walgreens, Truist Bank, and Bojangles, as well as a local grocery store, Moss Foods. This ensures high visibility and convenient access for potential businesses. The site itself, designated as Outparcel G, has already been cleared and graded, simplifying the development process and reducing upfront costs. Public water, sewer, and gas utilities are readily available, further enhancing its appeal. Priced at $1,200,000, this property presents a compelling investment opportunity for developers and businesses seeking a prominent location in a growing community. Franklin County location offers easy access to regional transportation networks. Don't miss this chance to secure a prime piece of commercial real estate in a high-demand area.

    Property Features for 0 Us-401

    General Information

    Property type
    Land
    Lot Size
    100,188 SF

    HighLights

    • Highway Business zoning, Town of Louisburg.
    • Public water, sewer, and gas available.
    • Louisburg, Franklin County location.
    • 2.3‑acre Outparcel G, cleared and graded; $1,200,000.
    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 US-401 retail land, 2.3 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 $1,200,000.
    What are key features of this property?
    This property features: Highway Business zoning, Town of Louisburg.; Public water, sewer, and gas available.; Louisburg, Franklin County location.
    (919) 281-2318
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    Us-401 Louisburg, NC 27549
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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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