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    Airport Rd Louisburg, NC 27549

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    For Sale
    Contact for pricing

    Prime NC industrial land, divisible lots.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional industrial land offering presents a unique opportunity for businesses seeking a strategic location in North Carolina's thriving Triangle region. Located in the Triangle North Franklin Business Park, this property boasts a total of 204 acres, with divisible lots ranging from approximately 4.3 to 17.2 acres. The land is zoned LI and benefits from readily available water and sewer infrastructure, making it ideal for immediate development. Its prime location offers convenient access to major transportation arteries, including Highway 401, providing seamless connectivity to Louisburg, Youngsville, Raleigh, and the Research Triangle Park. The property's adjacency to the Triangle North Executive Airport further enhances its appeal, offering the potential for just-in-time deliveries crucial for many manufacturing operations. Adding to its attractiveness, this property is situated within an Opportunity Zone, presenting significant tax advantages for investors and developers. The sale price is $30,000 per acre, making this a compelling investment opportunity in a rapidly growing area. This site is part of the Kerr Tar Regional Economic Development Corporation's industrial site in Franklin County. The property can be subdivided to accommodate various development needs.

    Property Features for 0 Airport Rd

    General Information

    Property type
    Land
    Lot Size
    187,308 SF

    HighLights

    • 4.3 to 17.5‑acre lots available, Kerr Tar Regional Economic Development Industrial Site, Franklin County.
    • Subdividable to suit user needs.
    • Water and sewer available on‑site.
    • Strategic Hwy 401 location, convenient to Louisburg, Youngsville, Raleigh, and Research Triangle Park.
    • Adjacent to Triangle North Executive Airport, ideal for just‑in‑time delivery.
    • Located in an Opportunity Zone, offering tax advantages.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Louisburg
    County
    Franklin
    State
    North Carolina
    Longitude
    -78.3360905
    Latitude
    36.0322758

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    FAQs

    What type of property is this?
    Land - Prime NC industrial land, divisible lots.
    Where is this land located?
    The property is located at Airport Rd Louisburg, NC.
    What are key features of this property?
    This property features: 4.3 to 17.5-acre lots available, Kerr Tar Regional Economic Development Industrial Site, Franklin County.; Subdividable to suit user needs.; Water and sewer available on-site.
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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
    Airport Rd Louisburg, NC 27549
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