Cleghorn Us 1 Hwy Youngsville, NC 27596
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for Cleghorn Us 1 Hwy
- Lot size
- 31.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 31-acre commercial property boasts a prime location on US Highway 1 in Youngsville, North Carolina. The property offers 1,350 feet of highway frontage, a highly desirable median cut for easy access, and is zoned for mixed-use development, presenting significant investment potential. Currently generating a substantial annual income of $92,400 from an established mobile home park, this asset offers immediate cash flow. The high-traffic location sees an estimated 25,000 vehicles daily, ensuring excellent visibility and accessibility for any future development. The property's proximity to shopping centers and new schools adds to its appeal, while its strategic position directly across US-1 from the planned Franklin Regional hospital site promises significant future growth and value appreciation. An additional 50 acres are available through cooperating landowners, offering potential for expansion. All utilities are readily available, simplifying development plans. This is a rare opportunity to acquire a large, income-producing commercial parcel in a rapidly developing area with exceptional visibility and future growth potential. The combination of existing income, prime location, and mixed-use zoning makes this an attractive investment for both developers and long-term investors seeking strong returns.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Youngsville
- County
- Franklin
- State
- North Carolina
- Longitude
- -78.4555
- Latitude
- 36.0143
