You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Land

2402 Us-1 Franklinton, NC 27525

278.55 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 278.554-acre property, located at 2402 US-1 in Franklinton, North Carolina (zip code 27525), presents a significant development opportunity. Zoned GB (Heavy Industrial), this land boasts excellent visibility and access from the east side of US Highway 1, a major thoroughfare connecting Raleigh, Richmond, and Washington, D.C. The site benefits from existing infrastructure including a 16-inch water line, sewer access on the north side, gas on the east side of US-1, electricity, telephone service, and rail access. The asking price is $9,765,000, translating to $35,000 per acre. The property features rolling topography with several large, flat areas suitable for various industrial uses. Its location within Franklin County, part of the Duke Readiness Program, places it within the Research Triangle Community, a region experiencing significant growth in manufacturing and technology. The property's proximity to the Raleigh-Cary Metropolitan Area, Research Triangle Park (RTP), and Raleigh-Durham International Airport provides access to a substantial workforce and consumer base of approximately 2.3 million people within a one-hour drive. Furthermore, the site benefits from its proximity to major transportation corridors including I-85, I-40, I-540, I-495, and I-95, as well as Triangle North Executive Airport, and the ports of Wilmington and Morehead City. The property is also within 40 miles of the planned CSX Carolina Connector Intermodal Rail Terminal in Rocky Mount, NC. Existing area manufacturers include Novozymes, Eaton Corporation, K-Flex USA, Palziv, PRTI, Captive-Aire Systems, Southern Lithoplate, and Xerium. An adjacent property owner is a cooperating party and willing to sell, with development plans encompassing both parcels. Comprehensive traffic impact studies and environmental reports are available upon request.

Property profile
Verified
Property type Land
Lot 278.55 ac (12,133,812 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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2402 Us-1?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message