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    Mixed-use properties

    401 Hwy, Louisburg, NC 27549

    16.6 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 16.6-acre commercial land parcel presents a unique investment opportunity in Louisburg, North Carolina. Located directly adjacent to a variety of retail establishments, this property boasts unparalleled access to S. Main Street, ensuring high visibility and convenient access for businesses. The asking price is $2,200,000, translating to $132,530 per acre. The property is zoned R1 by the Town of Louisburg, offering flexibility for a range of commercial developments. Utilities are readily available, including public water, sewer, and gas, simplifying the development process. The property's strategic location in Franklin County, NC, and its convenient access to Hwy 401, make it an ideal site for businesses seeking high traffic and visibility. The parcel's size and zoning provide ample opportunity for a variety of commercial uses. The APN is 2805-21-2007. This prime location offers significant potential for substantial return on investment. Don't miss this chance to acquire a highly desirable commercial property in a thriving North Carolina community. The property is situated at HWY 401, Louisburg, NC 27549.

    Property profile
    Verified
    Property type Mixed-use properties
    Lot 16.6 ac (723,096 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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