10.5 Acre Land
U.S Hwy-1 and Hwy 56 Interchange, Franklinton, NC 27525
10.5 acre land suitable for hotel, retail, office.
Type:Land
Property size:
3,412 SFLot size:
10.50 AcresPrice / SF:
$1,099/SF- Added:
- May 30, 2021
- Days on Market:
- 1817
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for U.S Hwy-1 and Hwy 56 Interchange
General Information
- Standard status
- Active
- Size
- 3,412 SF
- Lot size
- 10.50 Acres
- Property subtype
- Land
Listing agent Mark McArn License #NC 201561
Listing office Brassfield
Listing date May 30, 2021
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Brassfield
HighLights
- Prime location at the U.S. 1 Hwy and Hwy 56 interchange, offering high visibility and accessibility.
- Versatile 10.5‑acre land suitable for hotel, retail, office, storage, or convenience store development.
- City water and sewer available, simplifying development processes.
- Existing income‑producing 2517 sf multi‑tenant building provides immediate revenue potential.
- 820’ road frontage enhances exposure and access.
- Owner willing to subdivide, offering flexibility in development plans.
Overview
This 10.5-acre land opportunity is suited for hotel, retail, office, storage, or convenience store development. The property features 820 feet of road frontage and mostly flat topography. City water and sewer services are available. The owner is willing to subdivide the land. There are two existing retail buildings on the property: a 3412-square-foot vacant restaurant and a 2517-square-foot multi-tenant building that is currently income-producing. The property is located within the Franklin County ETJ, situated in the southwest corner of the U.S. 1 Highway and Highway 56 interchange. It is located 7 miles north of Wake County, 17 miles to Raleigh city limits, 25 miles to Durham, and 22 miles to I-85 in Henderson.
Location Intelligence
Current Use by Public Records
Commercial land
Map
- City
- Franklinton
- County
- Franklin
- State
- North Carolina
- Longitude
- -78.4454
- Latitude
- 36.1054
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 10.5 acre land suitable for hotel, retail, office.
Where is this commercial land located?
The property is located at U.S Hwy-1 and Hwy 56 Interchange Franklinton, NC.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Prime location at the U.S. 1 Hwy and Hwy 56 interchange, offering high visibility and accessibility.; Versatile 10.5‑acre land suitable for hotel, retail, office, storage, or convenience store development.; City water and sewer available, simplifying development processes.
