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    Us-401 Louisburg, NC 27549

    Sponsored
    For Sale
    $170,000

    High-traffic retail land, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 1.3-acre commercial land parcel presents a phenomenal retail investment opportunity in Louisburg, North Carolina. Located directly on US-401, a high-traffic highway boasting 23,000 vehicles per day, this property benefits from exceptional visibility and accessibility. The site is zoned for Highway Business use within the Town of Louisburg, allowing for a wide range of commercial development possibilities. Its strategic location offers immediate proximity to a cluster of established retailers, including major national brands such as Walmart, Walgreens, and Truist Bank, as well as local favorites like Bojangles and Moss Foods. This ensures high foot traffic and strong consumer presence, creating an ideal environment for a thriving business. The asking price for this prime commercial land is $170,000. Given its size, location, and surrounding commercial activity, this property represents a significant opportunity for investors seeking a high-return investment in a rapidly growing area. The property's address is US-401, Louisburg, NC 27549, within Franklin County. Detailed zoning information is available upon request. Don't miss this chance to secure a prominent position in a thriving retail corridor.

    Property Features for 0 Us-401

    General Information

    Property type
    Land
    Lot Size
    56,628 SF

    HighLights

    • 1.3‑acre commercial land parcel in Louisburg, NC, priced at $170,000.
    • High‑traffic location on US‑401 (23,000 VPD), offering excellent visibility and accessibility.
    • Highway Business zoning allows for diverse commercial development.
    • Prime location near major retailers (Walmart, Walgreens, Truist Bank, etc.), ensuring high foot traffic.
    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 retail land, prime 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 $170,000.
    What are key features of this property?
    This property features: 1.3-acre commercial land parcel in Louisburg, NC, priced at $170,000.; High-traffic location on US-401 (23,000 VPD), offering excellent visibility and accessibility.; Highway Business zoning allows for diverse commercial development.
    (919) 281-2318
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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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