Property profile

401 Hwy Louisburg, NC 27549

OFF-MARKET
Mixed-use properties
16.6 ac lot
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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

Location

401 Hwy Louisburg, NC 27549
Louisburg metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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