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    State Hwy 96 Youngsville, NC 27596

    Sponsored
    For Sale
    $2,200,000

    5.2 Acres, Youngsville, NC. High Traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5.2-acre commercial land parcel presents a remarkable investment opportunity in Youngsville, North Carolina. Strategically located on Highway 96, this mixed-use zoned property boasts 730 feet of road frontage, ensuring high visibility and accessibility. All utilities, including water and sewer, are readily available on-site, simplifying development plans. The level topography simplifies construction, and the corner lot location at the intersection of Highway 96 and Ag Drive provides exceptional access and exposure. This prime location benefits from significant traffic volume, with Highway 96 seeing 11,000 vehicles daily and US-1 recording 27,000 vehicles daily. The property's mixed-use zoning allows for a wide range of development possibilities, making it ideal for retail establishments, apartment complexes, or a combination of uses. The asking price is $2,200,000. This is a rare opportunity to acquire a highly desirable commercial property in a rapidly growing area. Don't miss out on this chance to capitalize on the potential of this exceptional location. The property is situated in Franklin County, North Carolina, with a zip code of 27596.

    Property Features for 0 State Hwy 96

    General Information

    Property type
    Land
    Lot Size
    226,512 SF

    HighLights

    • 5.2‑acre commercial land parcel in Youngsville, NC.
    • Mixed‑use zoning.
    • Water and sewer available on‑site.
    • 730 feet of highway frontage.
    • All utilities available.
    • Level topography.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Youngsville
    County
    Franklin
    State
    North Carolina
    Longitude
    -78.4547541
    Latitude
    35.9976027

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    FAQs

    What type of property is this?
    Land - 5.2 Acres, Youngsville, NC. High Traffic.
    Where is this land located?
    The property is located at State Hwy 96 Youngsville, NC.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: 5.2-acre commercial land parcel in Youngsville, NC.; Mixed-use zoning.; Water and sewer available on-site.
    (919) 494-4040
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    State Hwy 96 Youngsville, NC 27596
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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
    State Hwy 96 Youngsville, NC 27596
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