0 Us-401, Louisburg, NC 27549
This exceptional 1.3-acre commercial land parcel presents a phenomenal retail investment opportunity in Louisburg, North Carolina. Located directly on US-401, a high-traffic highway boasting 23,000 vehicles per day, this property benefits from exceptional visibility and accessibility. The site is zoned for Highway Business use within the Town of Louisburg, allowing for a wide range of commercial development possibilities. Its strategic location offers immediate proximity to a cluster of established retailers, including major national brands such as Walmart, Walgreens, and Truist Bank, as well as local favorites like Bojangles and Moss Foods. This ensures high foot traffic and strong consumer presence, creating an ideal environment for a thriving business. The asking price for this prime commercial land is $170,000. Given its size, location, and surrounding commercial activity, this property represents a significant opportunity for investors seeking a high-return investment in a rapidly growing area. The property's address is US-401, Louisburg, NC 27549, within Franklin County. Detailed zoning information is available upon request. Don't miss this chance to secure a prominent position in a thriving retail corridor.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.