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    US-1 Hwy Youngsville, NC 27596

    Sponsored
    For Sale
    $2,000,000

    High-traffic NC commercial land, NB zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.18-acre commercial land parcel is strategically located at the signalized intersection of US-1 Highway and NC-96 in Youngsville, North Carolina, near the Wake County line. The property boasts a prime location with excellent visibility and accessibility, experiencing a daily traffic count exceeding 27,000 vehicles on US-1. It's zoned NB (Neighborhood Business) within Franklin County, allowing for a diverse range of permitted uses. These include, but are not limited to, gas stations, daycare centers, banks, restaurants (including drive-thrus), veterinary clinics, retail spaces, vehicle repair and sales facilities, and self-storage or outdoor storage units. A permit is already in place for driveway access from both US-1 and NC-96, simplifying development. The Franklin County PIN is 1843-84-5723. This property presents a significant opportunity for investors and developers seeking a high-visibility location with substantial traffic flow and versatile zoning options. The asking price is $2,000,000. This is a rare opportunity to acquire a well-positioned commercial lot in a rapidly growing area.

    Property Features for US-1 Hwy

    General Information

    Property type
    Land
    Lot Size
    94,961 SF

    HighLights

    • $2,000,000 asking price for 2.18 acres of commercial land.
    • Located at the signalized intersection of US‑1 Hwy and NC 96 in Youngsville, NC.
    • Zoned NB (Neighborhood Business) in Franklin County, allowing for various uses including gas station, daycare, bank, restaurant, retail, and more.
    • Approved driveway access from US‑1 and NC 96.
    • High traffic count exceeding 27,000 vehicles daily on US‑1.
    • Franklin County PIN: 1843‑84‑5723.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Youngsville
    County
    Franklin
    State
    North Carolina
    Longitude
    -78.49755562868
    Latitude
    36.041791204973

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - High-traffic NC commercial land, NB zoning.
    Where is this land located?
    The property is located at US-1 Hwy Youngsville, NC.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: $2,000,000 asking price for 2.18 acres of commercial land.; Located at the signalized intersection of US-1 Hwy and NC 96 in Youngsville, NC.; Zoned NB (Neighborhood Business) in Franklin County, allowing for various uses including gas station, daycare, bank, restaurant, retail, and more.
    (919) 576-2501
    Request Owner's contact information
    US-1 Hwy 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
    US-1 Hwy Youngsville, NC 27596
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