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    Us-401 Louisburg, NC 27549

    Sponsored
    For Sale
    $675,000

    High-traffic NC land, prime retail location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.93-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 benefits from exceptional visibility and accessibility. The site is strategically positioned 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 foot traffic and strong consumer demographics. The property is zoned under the Town of Louisburg and Franklin County's Highway Business Zoning Ordinance, allowing for a wide range of commercial development possibilities. The asking price is $675,000. Given its prime location, high visibility, and proximity to established businesses, this parcel represents a rare opportunity for significant return on investment. The address is US-401, Louisburg, NC 27549. This location offers easy access for customers and employees alike. The property's size and zoning make it ideal for a variety of retail uses, providing flexibility for potential buyers. Don't miss this chance to secure a prominent position in a rapidly growing market.

    Property Features for 0 Us-401

    General Information

    Property type
    Land
    Lot Size
    84,071 SF
    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 NC land, prime retail location.
    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 $675,000.
    (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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