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    Hwy 401 & Hwy 56 Louisburg, NC 27549

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    For Sale
    Contact for pricing

    Prime 1.15-acre Outparcel, Hwy 401/56

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 1.15-acre commercial land parcel presents a unique investment opportunity in the thriving Louisburg, North Carolina market. Strategically located at the intersection of Highway 401 and Highway 56, this property benefits from high visibility and exceptional accessibility, ensuring maximum exposure for any commercial development. The site is situated within a Walmart supercenter-anchored shopping center (Parcel 14), guaranteeing a strong existing customer base and significant foot traffic. This outparcel presents a rare chance to capitalize on the established retail synergy of this successful location. The available land offers considerable flexibility for a variety of commercial uses, including retail, restaurant, or service-oriented businesses. Two building spaces are also available on the property. Space B7 offers 1200 square feet, while Space A7-9 provides a more substantial 4400 square feet. The property's location in Franklin County, North Carolina, zip code 27549, provides easy access to a growing population and robust regional economy. This prime commercial land is offered for sale and represents an excellent opportunity for investors seeking a high-return, strategically located asset in a dynamic market. The coordinates for this property are 36.0864538 latitude and -78.3033243 longitude. Don't miss this chance to secure a piece of Louisburg's commercial growth.

    Property Features for 0 Hwy 401 & Hwy 56

    General Information

    Property type
    Land
    Lot Size
    50,094 SF

    HighLights

    • 1.15‑acre commercial land parcel in Louisburg, NC.
    • Available outparcel land.
    • Two available spaces: 1,200 sq ft (Space B7) and 4,400 sq ft (Space A7‑9).
    • Located at Hwy 401 & Hwy 56, Louisburg, NC 27549.
    • Walmart‑anchored shopping center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Louisburg
    County
    Franklin
    State
    North Carolina
    Longitude
    -78.3033243
    Latitude
    36.0864538

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    FAQs

    What type of property is this?
    Land - Prime 1.15-acre Outparcel, Hwy 401/56
    Where is this land located?
    The property is located at Hwy 401 & Hwy 56 Louisburg, NC.
    What are key features of this property?
    This property features: 1.15-acre commercial land parcel in Louisburg, NC.; Available outparcel land.; Two available spaces: 1,200 sq ft (Space B7) and 4,400 sq ft (Space A7-9).
    (919) 401-5500
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    Hwy 401 & Hwy 56 Louisburg, NC 27549
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    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
    Hwy 401 & Hwy 56 Louisburg, NC 27549
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